Third consecutive Roundup loss: A California jury awarded $332 million in damages to Michael Dennis, a former land surveyor, who said decades of using Roundup weedkiller gave him cancer— the third courthouse defeat in a row for Roundup maker Bayer. (Bloomberg)
‘What we’re up against’: When the Pelican Township board in northeastern North Dakota rejected a construction permit for a large hog farm, it was dragged into litigation and “a sweeping campaign by the American Farm Bureau Federation to upend local zoning rules” that limit CAFOs. (The New Lede)
Largest ever cotton stockpile: Global stocks of cotton were forecast to leap to 25.41 million metric tons in 2023/24, the highest in 83 years of International Cotton Advisory Council records, a 10 percent increase from 2022/23 due to large production and stagnant consumption. (International Cotton Advisory Council)
The new normal for prices: For the past 30 years, U.S. crop prices, when adjusted for inflation, have been stable, perhaps due to tighter supply-demand balances worldwide. Stable prices reduce the argument for fixed minimum prices in the farm bill as a hedge against inflation. (farmdoc daily)
‘Use GREET for SAF’: Airlines, grain processors, and biofuel groups asked the Biden administration to use the so-called GREET model, a life-cycle analysis that scores renewable fuels favorably, to determine eligibility for tax credits for making lower-carbon sustainable aviation fuel. (Renewable Fuels Association)