DIRS.INFO The most relevant business & tech news

Crop Watch corn and soybean fields rose again last week as seasonably cool temperatures dominated, outweighing some of the underwhelming rainfall totals in western areas. Cool weather should dominate this week, favorable for corn pollination, which is currently under way in at least seven of the 11 corn fields. Average corn yield starts at 3.95 versus 4.07 in the same week last year and 3.86 in the same week in 2021. The North Dakota corn is in Griggs County and the soybeans are in Stutsman County. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.

Persons: ’, Karen Braun, Matthew Lewis Organizations: U.S . Crop, U.S . Department of, Crop, Indiana, The North, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Iowa, Illinois, Ohio, Minnesota, North Dakota, Nebraska, South Dakota, South Dakota , Kansas, Nebraska , Kansas, The, The North Dakota, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, Griggs County, Stutsman County

☆ It’s Toxic Slime Time on Florida’s Lake Okeechobee
▼ + stars: | 2023-07-09 | by ( ) www.nytimes.com time to read: +14 min

For thousands of years, Lake Okeechobee pumped life into Florida’s swampy interior. Lake Okeechobee 10 miles Lake Okeechobee 5 miles Lake Okeechobee 5 miles Algal bloom extent on June 12 Source: Satellite image by Landsat By Leanne AbrahamRainy season is just starting, but by late June the lake’s level was roughly two feet higher than the United States Army Corps of Engineers would like. Sunrise over Pahokee and Lake Okeechobee. “Like clockwork.”Similar outbreaks have struck lakes elsewhere, including Lake Champlain, Lake Erie and Lake Tahoe. Equally challenging to grasp is the idea that the whole new lake, as big as it sounds, will fill to capacity if only six inches of Lake Okeechobee is sent its way.

Persons: Ian, Fort Myers, Stuart —, Leanne Abraham Rainy, ”, Star Robinson, it’s, Herbert Hoover, Palm Beach Herbert Hoover, Leanne Abraham, Gil Smart, Robinson, It’s, Herbert Hoover Dike, Roy Senff, Okeechobee’s outflows, Sherwin, Williams, Hoover, Stuart, Nature, Col, James Booth of, Tim Harper, “, Biden, Ron DeSantis, Eric Eikenberg, Bill Mitsch, Mother Nature, Floridians, Stefani Hughes, Smart, VoteWater aren’t, They’re Organizations: United States Army Corps, Engineers, Army Corps of Engineers, Orlando Area, Air, Palm Beach Herbert, Everglades, States Geological Survey, Everett, Inc, Fort, Florida Water Management District, Florida Legislature, Gov, Everglades Foundation, Research, Florida Gulf Coast University Locations: Okeechobee, Fort, Pahokee, Lake Okeechobee, Ala, Orlando, Fla, Kissimmee, Florida, Myers, Gulf, Mexico, Miami, Ga, Palm, Everglades Miami, Lake Champlain, Lake Erie, Tahoe, Stuart, U.S.D.A, Manhattan, South Florida

REUTERS/Amit Dave/File PhotoNEW DELHI, July 8 (Reuters) - An Indian court rejected PepsiCo Inc's appeal against an order that revoked a patent for a potato variety grown exclusively for the New York-based company's popular Lay's potato chips. The authority removed PepsiCo's patent cover after Kavitha Kuruganti, a farmers' rights activist, argued that the company cannot claim a patent over a seed variety. PepsiCo petitioned the Delhi High Court against the revocation of the patent cover. In its order dated July 5, Delhi High Court judge Navin Chawla dismissed PepsiCo's appeal against the authority's decision. In 2019, PepsiCo sued some Indian farmers for cultivating the FC5 potato variety, accusing growers of infringing its patent.

Persons: Amit Dave, Kavitha Kuruganti, Navin Chawla, Kuruganti, Mayank Bhardwaj, Sumit Khanna, Kim Coghill Organizations: REUTERS, PepsiCo, New, ' Rights, Authority, Court, Monsanto, drugmaker Bayer AG, Thomson Locations: Ahmedabad, India, DELHI, New York, Delhi, PepsiCo India, U.S

[1/3] One of Tiger Brands' most popular beverage products, Oros, is seen during production at a manufacturing facility in Germiston, South Africa November 17, 2022. This investment, sometimes at the cost of essential capital expenditure, will eventually be passed onto consumers, making food prices higher for longer, food companies, economists and lobby groups told Reuters. It comes at a time when South Africa is already struggling with acute unemployment, 14-year high interest rates and ballooning inflation and complicates efforts of the South African Reserve Bank (SARB) to ease interest rate hikes. Poultry producer Astral (ARLJ.J), diversified food producers AVI (AVIJ.J) and RCL Foods (RCLJ.J) have indicated in their recent earnings statements the mitigating measures would eventually translate into higher food prices. The listed food producers have collectively lost almost 15% in their market value since the beginning of the year.

Persons: James Oatway, Derek McKernan, Kobus, Pieter Taljaard, Thomas Funke, Charles Rossouw, Rosle, Cloete, Gertenbach, Tannur Anders, Anait, Promit Mukherjee, David Evans Organizations: Tiger Brands, REUTERS, Reuters, South African Reserve Bank, Reuters Graphics, Premier, RCL, Grain SA, Cane Growers ' Association, Food, Agricultural, Thomson Locations: Germiston, South Africa, JOHANNESBURG, Africa

☆ Goldman strategist says one country offers the 'most fertile ground for picking stocks' and shares his favorites
▼ + stars: | 2023-07-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

That's despite Indian stocks already soaring, with the country's benchmark indexes BSE Sensex and Nifty 50 soaring to new record highs on Friday, according to Refinitiv data. He said that Indian stocks have a 16% compound annual return over the last 20 years in local currency terms, and 13% in dollar terms. It also has a high proportion of what Goldman analysts dub "multibagger" stocks, according to Koul. Goldman Sach screened 25 large-cap Indian stocks for those with an attractive growth and valuation profile. Four banks meet its criteria: HDFC Bank , ICICI Bank , State Bank of India and Kotak Mahindra Bank.

Persons: Goldman Sachs, Sunil Koul, CNBC's, Koul, That's, Goldman, Banks, Goldman Sach, Larsen, Toubro, — CNBC's Michael Bloom Organizations: Asia Pacific, CNBC, HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Bank, U.S . Global, SBI, UltraTech, Growers Locations: India, U.S

☆ Ex-Tesla engineer builds Aigen robots to eliminate weeds without pesticides
▼ + stars: | 2023-06-30 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

Aigen founders: Rich Wurden (CTO) and Kenny Lee (CEO) Courtesy: AigenThe Aigen Element looks like a drafting table on rugged tires. The company behind the robots, Aigen, was founded by Rich Wurden, an ex-Tesla engineer, along with former Proofpoint executive Kenny Lee in 2020. The Aigen Element uses computer vision to spot and eliminate weeds without pesticides. Typically, a fleet of the Element robots would pass over the field continuously, gathering data each time. Aigen's farm robots run on solar and wind power, with a lithium iron phosphate battery pack.

Persons: Rich Wurden, Kenny Lee, Glyphosate, Lee, Wurden, Hodgkins, he's Organizations: U.S . Environmental Protection Agency, Proofpoint, Farmers Locations: U.S, Minnesota, Seattle, cybersecurity

[1/5] A police officer cuts marijuana plants in growing process at underground room of a house during a marijuana raid operation in Mataro, near Barcelona, Spain April 27, 2023. Consumption of marijuana and its high-potency derivatives is also booming in Barcelona itself, including in private clubs. Their model, however, faces uncertainty as the new Barcelona mayor's top security official said in March he wanted to ban cannabis clubs. In 2017, Catalonia fully legalised the clubs, fuelling their proliferation, but courts later overturned the move for procedural reasons. But many clubs, which are often barely recognisable from outside, do not stick to the rules because they are voluntary, complained Eric Asensio, head of the Catalan federation of cannabis clubs.

Persons: Pol, Antoni Salleras, Salleras, Alexis Goosdeel, Bernardo Soriano, Eric Asensio, Horaci Garcia, Joan Faus, Catarina Demony, Aislinn Laing, Andrei Khalip, Toby Chopra Organizations: REUTERS, Barcelona, BARCELONA, Reuters, Cannabis, Thomson Locations: Mataro, Barcelona, Spain, Spanish, Catalonia, Americas, Europe, Morocco, Latin America, Worth, Geneva, Amsterdam, EU, France, Catalan, Lisbon

☆ Getting by on $30,000 a year or less in Seattle, Long Beach, and NYC: How 3 city-dwellers 'just make it work'
▼ + stars: | 2023-06-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +6 min

Carvajal is one of three recent Make It interviewees who earns less than $30,000 while living in a coastal city. Tiara Simmons, a 39-year-old law clerk living in Long Beach, California, pulls in $26,000 a year between her salary and a social media marketing side hustle. Hoping to reinvest in his business, Carvajal pays himself a salary of just $25,000 and lives as minimally as possible. As for his business, Carvajal hopes to put Dominican-based coffee growers back on the map while steadily expanding his business. Tiara Simmons at The Pike, a shopping and amusement complex in Long Beach, Calif., she enjoys visiting with her family.

Persons: Hector Carvajal, Don Carvajal, Carvajal, Chi Baik, Tiara Simmons, Simmons, Don Carvajal Café, Mickey Todiwala, Don Carvajal's, Baik, John Paget, Covid, she'd, he's, Baik isn't, I'm, Long Beach , California Simmons, Tristan Pelletier Organizations: University of Washington, CNBC, University of Rochester, Foods, U.S, Washington , D.C Locations: New York City, Dominican Republic, Chi, Seattle, Long Beach , California, Bronx, New York, Dominican, Long Island City, Washington, Washington ,, chihuahua, The Pike, Long Beach, Calif

☆ Chamath Palihapitiya calls Warren Buffett the 'GOAT' after figuring out his Japanese bet
▼ + stars: | 2023-06-22 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Prominent tech investor Chamath Palihapitiya expressed his admiration towards Warren Buffett, calling the "Oracle of Omaha" the greatest of all time after analyzing his latest bet on Japan. The 92-year-old Buffett recently hiked his stakes in five Japanese trading houses — Itochu , Marubeni , Mitsubishi , Mitsui and Sumitomo — to more than 8.5%. These companies, which are roughly akin to a conglomerate structure just like Berkshire, make good investments because they are stable dividend payers and earning growers, Palihapitiya said. The 92-year-old Buffett paid a visit to Japan and met with the heads at these Japanese firms earlier this year. Similar to Berkshire, the Japanese trading firms, also known as sogo shosha, are conglomerates involved in a wide range of products and services, including energy, machinery, chemicals, food, finance and banking.

Persons: Chamath Palihapitiya, Warren Buffett, Palihapitiya, Capital's Palihapitiya, Buffett, What's, he's Organizations: Buffett, Mitsubishi, Mitsui, Sumitomo, Tokyo Stock Exchange Locations: Omaha, Japan, Berkshire

☆ Why investors pumped $100 million into a startup using microbial fungi to turn soil into a crucial tool in the fight against climate change
▼ + stars: | 2023-06-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +8 min

The startup Loam Bio wants to use fungi to boost soil health and help keep carbon in the ground. But soil carbon is in a sorry state, in part due to current agricultural practices. There are different types of soil carbon; some decompose easily while others can take thousands of years to break down. The soil microbiome could also change to start breaking down the carbon that gets fixed in soil, Bailey added. "The most important thing is that we're really accurately measuring the carbon that we store in the soil," Hudson said.

Persons: Guy Hudson, Chris Sacca's, Hacking, It's, Hudson, Monique, Britt Koskella, Koskella, Andy Bailey, Bailey, we're, Chris Shafto, Dr Brooke Bruning, you've Organizations: Green Tech, Service, Australian, Lowercarbon Capital, Lowercarbon, UC Berkeley, University of Bristol Locations: Australia, Brazil

☆ Savoring a California Wine Country Far From Napa and the Crowds
▼ + stars: | 2023-06-12 | by ( Laura M. Holson | ) www.nytimes.com time to read: +1 min

About 10 miles away, the tasting room at Lightpost Winery in Morgan Hill can be found in a ho-hum office park. In 2018, she opened Lightpost and teamed with Christian Roguenant, who grew up in Burgundy and is Lightpost’s head winemaker. Vivian, the tasting room manager, gave us an impromptu lesson, too, with a side-by-side comparison of how grapes vary by vintage. A larger, more corporate tasting room would be hard-pressed to take the time. Already the young winery is attracting attention; it’s 2018 reserve cabernet sauvignon from Paso Robles has won state competitions.

Persons: Mace, Sofia Fedotova, Christian Roguenant, Lightpost, Fedotova, Vivian, Paso Robles Locations: Italy, Lightpost, Morgan Hill, Burgundy, Santa Cruz , Monterey, San Luis Obispo, Russian, Paso Robles, Paso

☆ Opinion | America Has a Chance to Make Farming More Climate Friendly
▼ + stars: | 2023-06-12 | by ( Robert B. Semple Jr. | ) www.nytimes.com time to read: +14 min

Why, when we think of climate change, do we think of big oil, not big ag; Exxon and not Tyson? It’s time you met the big ag lobby, one of the most powerful influences on policy in America. But when we started digging into the big ag lobby, we discovered it’s basically — “The most powerful lobby on Capitol Hill. So the big ag lobby has one key aim — block environmental regulation. I absolutely envy how good these lobbyists are at their job.” It’s outrageous what the big ag lobby has gotten away with.

Persons: “, Peter Lehner, He’s, I’m, It’s, Tyson, Jennifer Jacquet, She’s, Peter, she’s, ”, Zippy Duvall, “ —, John Boehner, —, You’ve, Waxman, Markey, Obama, American Farm Bureau Federation didn’t, ” —, JBS, don’t, they’re, Chuck Schumer, Cory Booker, I’ve, they’ve Organizations: Agriculture, ExxonMobil, Shell, Exxon, Washington , D.C, American Farm Bureau Federation, Capitol, U.S . Farmers, Tyson, New York Times, Republican, Senate’s Agriculture, pharma Locations: America, United States, Lake Erie, U.S, China, Washington ,, Kyoto, Senate’s

The last time an El Nino was in place, in 2016, the world saw its hottest year on record. DECLARING EL NINOMost experts look to two agencies for confirmation that El Nino has kicked off — NOAA and Australia's Bureau of Meteorology (BOM). The two agencies use different metrics for declaring El Nino, with the Australian definition slightly stricter. On Tuesday, Australia issued their own bulletin, noting a 70% chance of El Nino developing this year. Experts say that a strong El Nino could hit sugar production in India and Thailand, and possibly disrupt the sugarcane harvest in Brazil.

Persons: El Nino, El, John Vizcaino, Arcodia, Gloria Dickie, Seher Dareen, Marcelo Teixeira, Angus MacSwan Organizations: U.S . National Oceanic, El, El Nino, NINO, NOAA, Australia's, Meteorology, REUTERS, El Ninos, Colorado State University, Central Pacific, Central Pacific El Nino, Nino, Thomson Locations: South America, Australia, Asia, Nino, El Nino, Pacific, Magdalena, Colombia, Honda, Central, Hawaii, Central Pacific, El, India, Thailand, Brazil, Vietnam, New York, U.S, Indonesia, Malaysia, London

The rains are also causing the kernels on his wheat crop to begin sprouting early, which, more crucially, means the grain will produce lower quality flour unsuitable for noodles or bread. "Look, all this wheat has sprouted," Chen told Reuters, pouring kernels into his hand while standing in his fields about 40 km (25 miles) north of the town of Zhumadian. About one-third of China's wheat is grown in Henan province, earning it the nickname the granary of China. A Xiping-based grain dealer surnamed Wang is paying growers 2,100 yuan ($295) per metric ton of germinated wheat, about 75% of the market price for food-grade wheat. "These (sprouted) wheat have a bad taste as they are sticky and doesn't mix well to make dough."

Persons: Chen, it's, Darin Friedrichs, Tang Renjian, Wang, Qin Ningwei, Josh Arslan, Dominique Patton, Christian Schmollinger Organizations: Reuters, Sitonia Consulting, El, China's Agriculture, Thomson Locations: COUNTY, China, China's Henan, Zhumadian, Henan province, Henan, Anhui, Shanxi, Shandong, Shanghai, Australia, Ukraine

☆ More than 90% of the Peach State's peaches were lost this year
▼ + stars: | 2023-06-05 | by ( Devon M. Sayers | ) edition.cnn.com time to read: +4 min

The problem was exacerbated when late-season cold temperatures swept across the Southeast. “Georgia peach crop was significantly affected by two late frosts in March,” Pearson Farms, a large producer of the fruit, said on their website. “Even a typical spring freeze can damage commercial and backyard fruit crops that have been pushed into blooming by late-winter warmth,” Rippey said. Peach plants are harvested once a year and take three to four years after planting before they are mature enough to be harvested, Chavez said. In his 10 years in the state, he said he has not seen this much of the crop lost, but noted that nearly 80% of the peach crop was lost after the spring freeze in 2017.

Persons: Dario Chavez, Chavez, ” Chavez, ”, Theresa Crimmins, Brad Rippey, ” Rippey, “ Organizations: CNN, Peach State, Horticulture, University of Georgia, US Department of Agriculture, South Carolina, Growers, USA National Phenology Network Locations: Georgia, US Department of Agriculture . South Carolina, South, Ohio, West Virginia, South Carolina

MEXICO CITY, June 2 (Reuters) - Mexico said on Friday it would counter U.S. arguments over agriculture biotech measures, including plans to limit its use of genetically modified (GM) corn, in trade dispute settlement consultations requested by Washington earlier in the day. If the consultations fail to resolve disagreements within 75 days, Washington can request a dispute settlement panel to decide the case. The United States requested formal trade consultations in March over objections to Mexico's plans to limit imports of GM corn and other agricultural biotechnology products. The new decree eliminated a deadline to ban GM corn for animal feed and industrial use, by far the bulk of its $5 billion worth of U.S. corn imports, but maintained a ban on GM corn used in dough or tortillas. Some sector experts have expressed concern that the move could set a precedent among other countries, which would disrupt the global corn trade.

Persons: Andres Manuel Lopez Obrador, February's, Tom Haag, Cassandra Garrison, Adriana Barrera, Kylie Madry, Dave Graham, Ismail Shakil, Leslie Adler, William Mallard Organizations: MEXICO CITY, Washington, U.S, Trade Ministry, United, U.S . Trade, U.S ., Corn Growers Association, Thomson Locations: MEXICO, Mexico, Canada, U.S, Washington, United States, Mexican, Mexico City, Ottawa

☆ Replanting the Amazon could slow global warming. Here’s why it’s hard
▼ + stars: | 2023-06-03 | by ( ) www.reuters.com time to read: +24 min

Milton da Costa Junior nosed his pickup through a remote stretch of the western Brazilian Amazon to check on his babies. Local authorities said the September 2021 incident, which Da Costa outlined in a police report that was reviewed by Reuters, is being investigated. Out of dozens of reforestation initiatives in the country, Rioterra and The Black Jaguar Foundation, a Brazilian-European group, are among the largest. Illegal invaders destroy in hours what it takes Rioterra or Black Jaguar a year to plant. In all, Black Jaguar has signed contracts with 26 farms and planted 326 hectares (806 acres) to date.

Persons: Milton da Costa, Da Costa, Carlos Nobre, Alexis Bastos, Rioterra, ”, Nobre, “, Bastos, Jamari, Dejesus Aparecido Ramos, it’s, ” Bastos, Jair Bolsonaro, Germany –, Bolsonaro, Luiz Inácio Lula da Silva, Black, Ben Valks, Valks, Leandro Silveira, Silveira, São, ” Valks, aren’t, Cristina Banks, Leite, Marcos Mariani, Araguaia, Mariani, Tânia Irres, ” Irres, Regina Molke, I’ll, Clovis, Black Jaguar, Aquaverde, Renato Franklin, “ Ben, ” Franklin, L’Oreal, da Costa, ” Da Costa, da, Spring, Clare Trainor, Catherine Tai, Lais Morais, Ilan Rubens, Lucy Ha, John Emerson, Marla Dickerson Organizations: Milton da Costa Junior, Toyota, Reuters, Black Jaguar Foundation, National Institute for Space Research, Rioterra, Cultural, Environmental Studies, Petrobras, “, Amazon Fund, Environment Ministry, United, United Arab Emirates, São Paulo, Global, Farmers, Brazil’s Central Bank, Brazil’s National Institute for Space Research, Imperial College London, Santana, Bolsonaro, United Nations, Space Agency, Copernicus, Sentinel Locations: Machadinho, Rondônia, Brazil, Germany, Brazilian, European, Manhattan, Lebanon, Nicaragua, Bastos, Porto Velho, droves, Rio, Black, Itapuã, Oeste, Norway, United Arab, Pará, Caixa, “, Costa, Syria, Paris, Santana, Araguaia’s, Clovis, Regina, United States, South, Geneva, Rio Preto, da Costa

MEXICO CITY, June 2 (Reuters) - The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative's office said on Friday. If the consultations announced on Friday fail to resolve disagreements within 75 days, Washington can request a dispute settlement panel to decide the case. The United States requested formal trade consultations in March over objections to Mexico's plans to limit imports of GM corn and other agricultural biotechnology products. Earlier this week, Mexico's agriculture minister expressed confidence in an interview that the dispute with the U.S. would not escalate to a dispute settlement panel. The new decree eliminated the deadline to ban GM corn for animal feed and industrial use, by far the bulk of its $5 billion worth of U.S. corn imports, but maintained a ban on GM corn used in dough or tortillas.

Persons: Andres Manuel Lopez Obrador, Tom Vilsack, Tom Haag, Cassandra Garrison, Adriana Barrera, Ismail Shakil, Leslie Adler Organizations: MEXICO CITY, U.S . Trade, U.S, Trade Ministry, United, Economy Ministry, Agriculture, U.S ., Corn Growers Association, Thomson Locations: MEXICO, U.S, Mexico, Canada, Washington, United States, Mexico City, Ottawa

☆ Next questions for markets center on its skinny rally and the chance of a Fed derailment
▼ + stars: | 2023-06-02 | by ( Scott Schnipper | ) www.cnbc.com time to read: +5 min

"The underlying numbers in the report today show that the Fed can probably feel comfortable with maybe one more rate hike, and then pausing." Or, at least those concerns were true until Friday's explosive rally, when more than six New York Stock Exchange issues rose for every one that fell, and all 11 sectors in the S & P 500 gained. Friday's advance carried the S & P 500 to its highest since Aug. 18, 2022, when the benchmark closed at 4,283.74. Another favorable straw in the wind may simply be the fact that the 11.2% rally in the S & P 500, just since the mid-March lows accompanying the failure of Silicon Valley Bank, is so hated and mistrusted. Week-ahead calendar Monday 9:45 a.m.: S & P Global Services PMI (May) 10 a.m.: Durable goods and factory orders (April) 10 a.m.: ISM services PMI (May) Tuesday Earnings: J.M.

Persons: Megan Horneman, Canaccord Genuity, JC O'Hara, Roth MKM, Ross Mayfield, Baird, Savita Subramanian, Subramanian, Brown, Forman, — CNBC's Alexander Harring, Fred Imbert, Michael Bloom Organizations: Federal Reserve, Verdence Capital Advisors, Nvidia, New York Stock Exchange, Silicon Valley Bank, Bank of America, P Global Services PMI, PMI, Growers, Ciena, GameStop Locations: Broad, 2H23, Silicon

☆ El Nino may hammer Asian farms with dry weather, but shower American growers
▼ + stars: | 2023-06-01 | by ( Naveen Thukral | ) www.reuters.com time to read: +5 min

El Nino, a warming of water surface temperatures in the eastern and central Pacific Ocean, is expected to develop in the coming months, according to meteorologists. The onset of monsoon rains across South Asia is likely to be slightly delayed this year and El Nino could hit rice and oilseeds production. "El Nino could develop during July ... it might have an impact in the second half of the season," said O.P. "In general, a big part of the Pampean region and Northern Argentina have above-normal rains with the El Nino phenomenon." In Europe, where El Nino is not typically linked to pronounced weather patterns, major crops are in good shape after abundant spring rain, with the exception of drought-hit Spain.

Persons: El Nino, Chris Hyde, El, Phin Ziebell, Sreejith, Germán Heinzenknecht, David Tolleris, Rains, Naveen Thukral, Maximilian Heath, Mark Weinraub, Rajendra Jadhav, Gus Trompiz, Christian Schmollinger Organizations: Nino, El, National Australia Bank, India Meteorological Department, El Nino, HIT, Thomson Locations: Australia, India, Southeast Asia, Asia U.S, South America, SINGAPORE, Asia, U.S, Indonesia, Malaysia, Thailand, Pakistan, El Nino, Americas, Russia, Ukraine, New South Wales, Queensland, South Asia, ARGENTINA, United States, Argentina, Northern Argentina, China, Europe, Spain, Buenos Aires, Chicago, Mumbai, Bengaluru, Paris

☆ They Knew Little About Oysters. Now They Have a Farm With 2 Million.
▼ + stars: | 2023-05-26 | by ( Heather Senison | ) www.nytimes.com time to read: +1 min

They’re installing an oyster automat outside the warehouse to sell boxes of Little Rams and shucking gear, and plan to bottle their homemade oyster sauce. It’s not every day that a couple shows up from Brooklyn and elbows their way in with folks who grew up clamming. They joined the Long Island Oyster Growers Association, where Ms. Bassett helps with public relations and marketing. Phil Mastrangelo, 57, part owner of the Oysterponds Shellfish Company in Orient, one of the biggest farms on Long Island with 10 million oysters, said the wife-and-wife team’s marketing has benefited others. 1 oyster in the world and it’s good for them to be promoting the region again,” he said.

☆ Kansas farmers abandon wheat fields after extreme drought
▼ + stars: | 2023-05-22 | by ( Tom Polansek | ) www.reuters.com time to read: +4 min

[1/4] Romulo Lollato, a wheat agronomist for Kansas State University, examines wheat in a field, as part of an annual crop tour, near Clay Center, Kansas, U.S., May 16, 2023. REUTERS/Tom PolansekWICHITA, Kansas, May 22 (Reuters) - Farmers in Kansas, the biggest U.S. producer of wheat used to make bread, are abandoning their crops after a severe drought and damaging cold ravaged farms. Kansas farmers are expected to abandon about 19% of the acres planted last autumn, up from 10% last year and 4% in 2021, according to the report. Soaring prices for hay also pressure wheat farmers not to harvest their fields for grain so they can be fed to cattle, Gilpin said. Kansas farmers are expected to produce just 191.4 million bushels of wheat this year, the smallest since 1963, according to the latest monthly government forecast.

☆ Rice. Half of Humanity Eats It. And Climate Change Is Wrecking It.
▼ + stars: | 2023-05-20 | by ( Somini Sengupta | ) www.nytimes.com time to read: +12 min

Sometimes there’s not enough rain when seedlings need water, or too much when the plants need to keep their heads above water. Rice farmers are shifting their planting calendars. On top of that, there’s climate change: It has upended the rhythm of sunshine and rain that rice depends on. That’s a fraction of the emissions from coal, oil and gas, which together account for 35 percent of methane emissions. His experiment, carried out over seven years, concluded that by not flooding the fields continuously, farmers can reduce rice methane emissions by more than 60 percent.

May 19 (Reuters) - Deere & Co (DE.N) on Friday topped Wall Street profit expectations on strong sales of its tractors and precision agriculture equipment, and raised its net income forecast for the rest of the year as its order books remain robust. Shares in the world's largest farm equipment maker were up 3.6% in premarket trading after the company reported a 36% rise in second-quarter profit. Net income increased to $2.86 billion from $2.1 billion a year ago. Farmers' demand for new equipment and parts to repair aging machinery has bolstered Deere's sales. Total net sales and revenues rose 30% to $17.39 billion for the second quarter.

Shares in the world's largest farm equipment maker were up 4% in premarket trading after the company reported a 36% rise in quarterly profit. Net income increased to $2.86 billion from $2.1 billion a year ago. Deere expects 2023 net income in the range of $9.25 billion to $9.50 billion, higher than the $8.75 billion to $9.25 billion forecast earlier. Farmers' demand for new equipment and parts to repair aging machinery has bolstered Deere's sales. Total net sales and revenues rose 30% to $17.39 billion for the second quarter.

Search resuls for: "Growers"

25 mentions found