High food inflation worldwide: Food prices are 3.9 percent higher than a year ago in the industrialized world, said the OECD, and eight of 37 nations monitored had a food inflation rate higher than the 4.6 percent of the United States, led by Turkey with a rate of 13.5 percent.
Again the ‘big three’ in cotton: Despite the pandemic and trade dispute, three countries retain their top positions in the cotton globally in the 2020/21 trade year. India is the No. 1 grower, the United States will be the top exporter, and China is the leading importer. (International Cotton Advisory Committee)
Lots of weed problems: “Farmers have a lot of problems to choose from when reviewing the year,” from weeds developing resistance to weedkillers and a larger than usual amount of weed seeds to a court decision to cancel EPA approval of dicamba. (DTN/Progressive Farmer)
From dead tree to RNG: A new state law in California expands the definition of renewable natural gas to include energy from organic waste, such as agricultural waste, dead trees and vegetation removed for wildfire mitigation, potentially reducing wildfire risk while lowering greenhouse gas emissions. (Kallanish Energy)
It’s time to sell: Farmers National Co., which describes itself as the largest farm real estate and management company in the nation, says its has a near-record portfolio of $300 million of land for sale in a turnabout from “a slower agricultural market the past few years.” (Farmers National)