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Though a tiny fraction of the nation's plantings, the previously unreported total represents the company's biggest ever release of hybrid wheat. NEARLY 100 YEARSFarmers have used hybrid seeds since the 1930s to grow corn, followed by other crops ranging from peanuts to tomatoes. Producing hybrid wheat seeds is still more complicated and expensive than conventional wheat. Hybrid wheat can produce more uniform results across fields than conventional wheat, and may deliver better yields on poor soil, Hankey said. Syngenta projected in 2015 that its annual sales of hybrid wheat seeds could potentially reach $3 billion by 2032.
CHICAGO, Dec 19 (Reuters) - Seeds and pesticides company Corteva Inc (CTVA.N) will eliminate U.S. jobs next year, as its exit from Russia reduces demand for its commercial sunflower seeds produced in California, the company said on Monday. Relocating commercial sunflower seed production to Europe for European customers will reduce costs, Corteva added. Demand for crops grown with Corteva seeds and chemicals is strong after severe weather and the Ukraine war tightened global supplies. The biggest producers and consumers of sunflower seeds are Europe and Russia, the company said. The Woodland facility is Corteva's only one in the United States making "commercial" sunflower seeds for farmers to grow plants for oil or food.
Blockchain Fails to Gain Traction in the Enterprise
  + stars: | 2022-12-15 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +7 min
Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. Some companies say they haven’t found a compelling enough reason to use it. Many didn’t have digital record-keeping systems and had to make large upfront investments before they could start using blockchain, Walmart said. Walmart is using blockchain to track leafy greens and green bell peppers. Earlier this year, the state of Jharkhand in eastern India began using blockchain to track seed distributions to farmers.
13 Unique Gifts for the Mom Who Doesn’t Want Anything
  + stars: | 2022-12-13 | by ( ) www.wsj.com   time to read: +7 min
The woman forever insisting she doesn’t need anything for the holidays, her birthday or Mother’s Day. With 200-plus thoughtful prompts and quick-hitting questions (What food do you like to have made for you when you’re sick? For the fragrance fanThis cool subscription service makes a unique gift for any mom, delivering an 8 mL bottle of perfume to her door every month. For the mom who’s tired of getting flowersThink of succulents as the gateway into plant parenthood. For the mom who could use a pick-me-upDare we say this is the sort of offering that will have her buzzing?
Wall Street is warning of a stormy start to 2023 , but investors should prepare to find pockets of opportunity and ensure their portfolio is running efficiently. Bond prices have tumbled alongside stocks, such that even the iShares Core Growth Allocation ETF – which is based on a 60/40 split between equities and fixed income – has dropped nearly 15%. Higher yields on fixed income The silver lining of the Federal Reserve's interest rate hiking campaign is the rising yield investors can find on even the most boring fixed income offerings. Meanwhile, Series I savings bonds that are issued from Nov. 1 to April 30, 2023 have a current interest rate of 6.89%. Short-term Treasurys are another attractive option for your fixed income sleeve.
"We expect another volatile year and recommend owning High Quality stocks … But today's High Quality stocks look different than a few years ago (e.g. The oil refiner posted third-quarter earnings and revenue that beat Wall Street's expectations in October. The health insurer beat analysts' expectations with its third-quarter earnings report in November. Walmart's strength in its third-quarter earnings came from its food business, which is bigger than Target's. Walmart's per-share earnings beat expectations , while Target reported a third-quarter earnings miss and profit that fell by about 50%.
A man accused of killing four people at an illegal Oklahoma marijuana farm last month opened fire after demanding employees give him $300,000 as a return for his “investment” in the illegal operation, prosecutors said. He is accused of killing Chinese nationals Quirong Lin, Chen He Chun, Chen He Qiang and Fang Hui Lee and injuring Yi Fei Lin, according to charging documents. Police respond to a crime scene where four people were found dead in Kingfisher County, Oklahoma, on Nov. 21, 2022. The marijuana farm has since been seized by law enforcement, the filing stated. Law enforcement officials have reported a rise in black market operators using suspected human trafficking victims, including Chinese nationals, to grow and trim marijuana sold in legal dispensaries.
BMO Capital Markets isn't changing its S&P 500 price target of 4,300 heading into 2023. Here's a look at BMO's 2023 market outlook as well as 11 US stocks to buy now. That environment means active stock-picking — not passive index investing — is now the key to outperformance, Belski wrote. In Belski's base case, S&P 500 earnings will fall 5% in 2023, which would be the biggest decline in corporate earnings since 2015 (excluding 2020). A recession in the US is "almost inevitable" in 2023, Belski wrote.
The only supermarket on the East Side is Tops, where a white gunman killed 10 Black residents in May. AHRIE / African Heritage Food Co-op“It’s about gainful employment,” Wright, 43, said in October of his future grocery store. African Heritage Food Co-Op“That’s why I don’t call this a food desert,” Wright said. One organization, the Buffalo Black Billion, is led by a local pastor, Michael Chapman of St. John and Gethsemane Missionary Baptist churches. African Heritage Food Co-OpBy providing healthy food, Chapman said he also wants to increase the lifespan of Black residents in the community, for whom health disparities are all too familiar.
Chinese farmers let cabbages rot as COVID curbs disrupt sales
  + stars: | 2022-12-01 | by ( ) www.reuters.com   time to read: +4 min
The situation is exacerbated by a fragmented supply chain, where small farmers sell to middlemen who purchase for large wholesale markets in cities. Cui typically sends up to 20 large trucks of cauliflower, cabbage, and lettuce to markets daily in this season. Henan produced 76 million tonnes of vegetables last year, or about 10% of the nation's supply, according to the National Bureau of Statistics. The Ministry of Agriculture and Rural Affairs said on Tuesday it had launched an initiative to sell Henan vegetables at large wholesale markets, selling 4,677 tonnes last week. It also set up a hotline to connect farmers with sellers, and said it would find cold storage facilities to stock winter vegetables.
Two entrepreneurs are using data to help minimize food waste by placing sensors at different points in the supply chain. Their company Strella aims to make the food industry more environmentally friendly while helping suppliers save money. No one wants to waste food, Sizov said, so growers, suppliers, and retailers have all been interested in getting involved. "The carbon emissions on food waste are greater than all transportation combined, which is crazy because we think about cars as being a huge problem," she said. For Sizov, creativity begins with recognizing a large-scale problem, such as food waste, then using a novel idea or approach to tackle it.
BOGOTA, Nov 30 (Reuters) - Colombia could be open to buying Venezuelan fertilizer maker Monomeros, Finance Minister Jose Antonio Ocampo said on Wednesday, at a time when higher fertilizer prices have contributed to inflationary pressure. Though Monomeros is based in the Colombian city of Barranquilla, it is owned by Pequiven, which is a unit of Venezuelan state-owned oil company PDVSA. The government of Venezuelan President Nicolas Maduro regained control of Monomeros' board of directors in mid-September, following a couple of years when it was controlled by opposition leader Juan Guaido. The recent changes to Monomeros' management occurred at a time when relations between Colombia and Venezuela - particularly in economic and military cooperation - have strengthened, following the election of Colombian President Gustavo Petro. Reporting by Carlos Vargas and Nelson Bocanegra Writing by Oliver Griffin Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
More than 90% of corn grown in the U.S. is genetically modified. The U.S. and Mexico are tangling over Mexico’s proposal to ban genetically modified corn, with a top U.S. official threatening to initiate a trade dispute if the two countries can’t find an agreement. Mexico plans to ban genetically modified corn by 2024, adding another flashpoint to the two countries’ tensions over trade. More than 90% of corn grown in the U.S. is genetically modified, according to the National Corn Growers Association.
Four people who were found dead at a marijuana farm in Oklahoma over the weekend were “executed,” authorities said Tuesday. The victims included three men and one woman, the agency said in a statement. Law enforcement investigate a quadruple murder and one injured following a reported hostage situation northwest of Oklahoma City on Monday. KFORA fifth Chinese national was injured in the incident, which occurred Sunday in a rural area northwest of Oklahoma City, the agency said. While the status of the grow operation where the quadruple homicide occurred remains unclear, law enforcement officials have reported a rise in black market operators using suspected human trafficking victims, including Chinese nationals, to grow and trim marijuana sold in legal dispensaries.
Why are cranberry sauce labels upside-down? Science
  + stars: | 2022-11-23 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not even talking about why people eat it: What’s the deal with the upside-down labels on Ocean Spray cans of the stuff? Observant consumers have noticed that the Ocean Spray labels on jellied cranberry sauce cans are flipped, meaning the rounded edge that’s typically on the bottom of most canned goods is on top of Ocean Spray cranberry sauce cans. According to Ocean Spray, that’s intentional: It creates a seamless serving experience. That includes cranberry sauce, whose price is up about 18% compared to last year because cranberry crops are smaller this year, sparking a supply squeeze. The company, which is a farmer co-operative, told CNN Business that it has also has had to hike prices of its canned cranberry sauce, but declined to give a specific percentage.
Less is moreA classic Thanksgiving plate, featuring turkey, mashed potatoes, stuffing, green beans and gravy. His Thanksgiving preparations start with a trip to a local farmers market, where he can thank the growers personally for his bounty. Leftover idea: Here’s how Acheson turns leftovers into a turkey avocado sandwich as memorable as the feast. Divide and conquerMeal prep is essential to make sure your Thanksgiving dinner tastes great and minimizes waste, says Lisa Bryan. Bryan understands that executing a chaos-free Thanksgiving dinner takes practice.
4 U.S. soy state by planted acres, which ships about 70% of its harvest of the high-protein oilseed to China annually. Instead, the new facilities will be able to process half of the state's soy harvest into oil for biofuel and meal for livestock feed. The crush plant will draw soybeans from farmers 60 miles in each direction, said Mike Keller, vice president with ADM. EXPORT EXPANSIONU.S. grain exports have been reaching global buyers for decades via Gulf Coast and Pacific Northwest terminals. U.S. soybean farmers and industry groups pledged an additional $1.3 million to help offset design and development costs.
But the Fidelity International Small Cap Fund is having its best year relative to peers in a decade. When Fidelity launched the Fidelity International Small Cap Fund (FISMX) in 2002, the timing turned out to be perfect. International stocks were about to embark upon six straight years of outperforming their US-based peers by at least 5%. International stocks underperformed their American peers by 6.4% in 2008 and lag behind US stocks for 10 of the next 13 years. Yet despite that unforgiving environment for foreign stocks, Fidelity's $2.9 billion international small cap fund has beaten 98% of competitors over the past 15 years, according to Morningstar.
There lies Swans Trail Farms, a family-owned operation that focuses on agritourism and events with apple orchards, a corn maze, a pumpkin patch, and strawberry fields. Swans Trail FarmsSnohomish County and the 5G Open Innovation Lab launched sites to pilot 5G-enabled agricultural tech on two farms— Swans Trail and Andrew's Hay. CARES Act funding for the initiative dried up last year, but the 5G Open Innovation Lab continues to fund the project. The 5G Open Innovation Lab and Innov8.ag are working to expand to eastern Washington, an area of the state that's more agricultural. We've had our hiccups," Jim Brisimitzis, the head of the 5G Open Innovation Lab, said.
Taco Bell and Chick-fil-A are both displaying warnings in their apps about potential lettuce shortages. Taco Bell's mobile app displays a banner that says "National Lettuce Shortage" in bold lettering, warning customers that "Due to an industry shortage, we may be out of this ingredient at your local restaurant." Taco BellChick-fil-A has a similar message for customers under the headline "Lettuce Supply Chain Challenges," saying that "some menu items may be unavailable or prepared differently." Chipotle is not currently having lettuce supply issues, the company said. High lettuce prices are the result of a diminished supply that can't meet the large demand.
TORONTO, Nov 9 (Reuters Breakingviews) - The U.S. cannabis industry would do well to heed the lessons of Canada’s growing pains. Even as the United States becomes more pot-friendly, however, there’s no guarantee that financial success will follow. Approved cannabis growers destroyed a record quantity of unsold buds last year, the Financial Post reported. Fewer available licenses in the United States also mean barriers to entry are higher. The Canadian government on Sept. 22 announced the launch of the legislative review of the Cannabis Act, which came into force on Oct. 17, 2018.
Renewable diesel, however, is chemically identical to petroleum-based diesel - so can be consumed in place of or along with normal diesel in whatever quantities are desired by end users. US renewable diesel vs biodiesel useRenewable diesel also emits fewer emissions than both biodiesel and regular diesel. US renewable diesel vs biodiesel production capacityFurther increases in renewable diesel production capacity are expected in the near term, with the EIA projecting capacity to climb to 5.1 billion gallons a year by 2024, from less than 1 billion in 2020. But that consumption share looks set to grow further as more renewable diesel production comes on line. Other major renewable diesel suppliers include Finland and the Netherlands, although both those countries have stepped up their own domestic consumption of renewable diesel in recent years, leaving little left for exports.
At Chile wine gala, climate change and water use in focus
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +2 min
SANTIAGO, Nov 7 (Reuters) - Chile's vintners are increasingly thinking about how to adapt to shifts in climate and drier weather that has seen the Andean country gripped by drought for over a decade. "It's something that worries all of us vineyards," said Magdalena Villasante from Vina Undurraga, which won the event's top award for its Syrah Carignan Grenache blend. Chile is the world's fourth-largest wine exporter, but dry weather has pushed vineyards to shift. Land for wine growing dropped some 4% in the five years until 2020, with the central Santiago Metropolitan Region, the country's third-largest wine producing region, seeing a decline of nearly 14%, official data show. "We'll probably see more wines from Aysen and Magallanes (in Chile's deep south) in the future what with climate change," Rojas told Reuters.
11 Unique Gifts for the Mom Who Doesn’t Want Anything
  + stars: | 2022-11-05 | by ( ) www.wsj.com   time to read: +6 min
The woman forever insisting she doesn’t need anything for the holidays, her birthday or Mother’s Day. For the mom who’s an open bookQuestions About Me Tell Me Your Life Story, Mom: A Mother’s Guided Journal and Memory Keepsake Book $10 at AmazonHere’s a way to give Mom what she really wants: a connection to you. With 200-plus thoughtful prompts and quick-hitting questions (What food do you like to have made for you when you’re sick? For the mom who’s tired of getting flowersThink of succulents as the gateway into plant parenthood. For the mom on the goThink of this elegantly shaped hat as an upgrade to her standard pony or top knot.
A government source with direct knowledge of the matter said that measures to permit wheat shipment delays were "probable". Reuters GraphicsThe country's producers have already formally declared overseas sales of 2022/23 wheat of 8.9 million tonnes, official data shows. Argentina's domestic wheat consumption from the 2021/22 harvest totaled 7.6 million tonnes. Some 2 million tonnes of wheat were left unsold from 2021/22. There is an existing export cap of 10 million tonnes for the 2022/23 season's wheat harvest.
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