Today’s quick hits, October 24, 2018

Aid for Chinese company impacted by trade war with China? (Washington Post): Under Trump’s trade bailout package, foreign-owned firms like Smithfield Foods and JBS, the two largest pork companies in the US, can apply for aid to offset losses resulting from the trade war with China.

Wine’s final hours? (Reuters): Constellation Brands, one of the largest brewers in the country, is looking to sell off $3 billion in wine brands as the alcohol industry shifts away from wine and towards beer and cannabis.

Judge cuts Roundup award by three-fourths (San Francisco Chronicle): Terminally ill Dewayne Johnson has until December 7 to accept a dramatically smaller award—$78.5 million vs the original $289 million—or go through a new trial to decide how much Monsanto should pay in punitive damages in a lawsuit that blames the maker of Roundup weedkiller for causing cancer.

Owning the food chain (Harvest Public Media): Big-box retailer Costco is building a farm-to-table production system in eastern Nebraska to ensure a steady supply of rotisserie chickens to sell at its stores while having control over costs.

CattleBot, the remote control cattle driver (Meat and Poultry): Commodity giant Cargill unveiled its 450-pound, remote-controlled CattleBot, the size of a golf cart, to herd cattle at its beef slaughter plant and reduce the risk of injury to workers.

Trump to speak at FFA convention (Indianapolis Star): Nine day before the mid-term elections, President Trump will “talk about what his administration has done for farmers” at FFA national convention; his target audience is farmers worried about trade war and the impact on agriculture.

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