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☆ Burning Man: Tens of thousands trapped by immense mud might be able to leave if roads reopen today
▼ + stars: | 2023-09-04 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +6 min

“Despite afternoon drizzle, the conditions are improving on the playa,” Burning Man organizers said Sunday night. About 72,000 people remain on site, according to a Sunday night update from Burning Man organizers. People walk off the playa out near the Burning Man site on the Black Rock Desert in northern Nevada on Sunday. Jason Bean/RGJ/USA TODAY/ReutersA death at the festival just ahead of the weekend was “unrelated to the weather,” Burning Man organizers said Sunday night. Attendees walk through a muddy desert plain on Saturday at the Burning Man festival site.

Persons: Nathan Carmichael, ”, Amar Singh Duggal, DJ Diplo, Chris Rock, Jason Bean, Julie JAMMOT, festivalgoer Gillian Bergeron, ” Bergeron, “ It’s, Andrew Hyde, ” Hyde, Bergeron, Hannah Burhorn Organizations: CNN, Black Rock City, Reuters, Sheriff’s, Rock City, Getty Locations: Nevada, Roads, Black Rock, Pershing, Instagram, Rock, AFP

☆ Climate tech startups Utopi and Materials Nexus raised a combined $9 million. Here's the pitch decks they used to win over investors.
▼ + stars: | 2023-09-04 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

British climate tech startups Materials Nexus and Utopi have both raised funds recently. London-based Materials Nexus raised $2.8 million while Glasgow-based Utopi secured $6.3 million. British climate tech startups Materials Nexus and Utopi raised a combined $9.1 million recently. London-based Materials Nexus is using artificial intelligence to curb the green transition's reliance on mining metals. See the 11-slide redacted pitch deck from Materials Nexus below:Materials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusMaterials NexusUtopi plots US expansion with new fundsGlasgow-based startup Utopi, founded in 2019, recently secured £5 million (around $6.3 million) in an investment round backed by the Scottish National Investment Bank.

Persons: Utopi, Jonathan Bean Organizations: Ada Ventures, Nexus, Scottish National Investment Bank Locations: London, Glasgow, Cambridge

☆ Trader Joe’s issues its sixth recall in two months
▼ + stars: | 2023-08-31 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Trader Joe’s has issued another food recall — its sixth since July. Last week, the chain announced that it’s recalling its Texas Tamale Company Gourmet Black Bean Tamales because they might contain milk allergens. Trader Joe’s said that the tamales with “undeclared milk” were sold in nine states, including Texas, Colorado and New Mexico, with the UPC number 717725000580. Texas Tamale Co. issues a recall for undeclared milk in their black bean tamales. We urge you to discard the product or return it to any Trader Joe’s for a full refund,” Trader Joe’s wrote on its website.

Persons: Joe’s, —, Bean Tamales Organizations: New, New York CNN, UPC, . Texas Tamale Co, Food & Drug, Drug Administration, ” Texas Tamale Company Locations: New York, Texas, Texas , Colorado, New Mexico, . Texas, ” Texas

That price difference in 2016 arguably led to the overproduction of U.S. soybeans in the following two years, moderating soybean futures. The bean-corn ratio was also elevated in late 2013, a year which has been frequently compared with 2023, particularly for corn futures. Corn futures were declining at a faster rate than soybeans as U.S. corn supplies recovered significantly from the 2012 drought. 2024 ON HORIZONNext year’s December corn and November soybean futures already indicate heavier U.S. soybean acres for 2024 after declining 4.5% in 2023, hitting a three-year low. Prices were low by early 2015, causing both U.S. corn and soybean acres to contract that year.

Persons: Karen Braun Organizations: U.S ., Reuters, Thomson Locations: NAPERVILLE , Illinois, Chicago, U.S, China, Brazil, United States

The Pro Farmer Crop Tour has been following the same routes in seven major U.S. corn and soybean producing states for more than three decades. Pro Farmer on Friday pegged U.S. corn yield at 172 bushels per acre, below USDA’s 175.1 bpa and the year-ago 173.3. The advisory firm placed soybean yield at 49.7 bpa, below USDA’s 50.9 but above the 2022 yield of 49.5. For the past four years, Pro Farmer’s corn yield has correctly informed on the direction of USDA’s corn yield from August to September, but it had the wrong lean in the two prior years (2017 and 2018). For example, Pro Farmer’s 2022 corn yield suggested USDA’s September 2022 forecast should come in below that of August, and it did.

Persons: Lucas Jackson, Farmer, Pro Farmer, Karen Braun, Matthew Lewis Organizations: Carbon Solutions, REUTERS, Rights, Farmer, U.S . Department, Scouts, Iowa, USDA, Versus, Pro, Reuters, Thomson Locations: Defiance, Shelby County , Iowa, Rights NAPERVILLE , Illinois, Ohio, Indiana, Illinois, Iowa, Minnesota, Nebraska, U.S

☆ He’s Worked a Lot of Odd Jobs, and Has the Poems to Prove It
▼ + stars: | 2023-08-29 | by ( Jeff Gordinier | ) www.nytimes.com time to read: +4 min

You can pick up the echo in “Fixer," the haunting second collection of poems from Edgar Kunz. The narrator of these poems bounces from one side hustle to another, each more absurd than the last. In “Model,” he’s paid to pose in jeans at a gas station. In “Shoulder Season,” he’s paid to slice window panes out of massive sheets of glass. I am notany of those things, but I amnot comfortedNo one will accuse Edgar Kunz of being out of step with the zeitgeist.

Persons: Edgar Kunz, Herman Melville, noncompliant scrivener, ”, Charles Bukowski’s, Edgar Kunz ., ” he’s, Kunz, —, you’re, WillRobotsTakeMyJob.Com, Edgar Kunz of, Raymond Carver, Kunz doesn’t flinch, “ Organizations: “ Locations: American

☆ The 16 Best Items to Add to Your Registry—and Where to Register
▼ + stars: | 2023-08-17 | by ( Erika Veurink | ) www.wsj.com time to read: +17 min

By Erika VeurinkA wedding registry is a couple’s chance to creatively express the kind of life you hope to create together. If you’re a bride or groom to be, you can easily add a link to these eye-catching utensils to your Zola registry. Add the link to the multipurpose pressure cookware to your registry on Zola, or shop it at Amazon or Walmart. Add this link to your Zola registry (and browse other local gift options) and your guests can send a wedding-week-pick-me-up or gift an ongoing subscription. And if you don’t know where to start, Bloomingdale’s wedding registry checklist will help you narrow down what you need.

Persons: Erika Veurink, Zola, ”, Maria Del Russo, servingware, Simone Silverman, Silverman, Del Russo, “, Margaux, Alexandra Daniel, Daniel, Dyson, Holly Liss Jammet, Jammet, Jones, Great Jones, Tricia Lowenfield, Sarah Swann, napkins Swann, Gregory Blake Sams, You’ll, you’d, Sams, Christolfe, Coffee, Anbouba, Neiman Marcus, Delaney Lundquist, she’s, Lundquist, Lily Sullivan, ” Sullivan, Hawkins, Food52, Sullivan Organizations: New, Margot Magazine, Designs, Zola, Elle, Walmart, ” Investment, ”, Farmers, tote, Courtland, Co, Target Locations: Zola, New York City, Florida, Italy, Flamingo, Los Angeles, Great, York, City, Charleston, S.C, Sur, Charlotte, N.C, Brooklyn, N.Y

☆ Eggplant Extravaganza
▼ + stars: | 2023-08-17 | by ( Tanya Sichynsky | ) www.nytimes.com time to read: +2 min

has a bumper crop!” — AmyIf you find eggplant inedible, either because of its texture or taste, you want recipes that use up as much produce as possible while making it largely undetectable. In Kay Chun’s eggplant and bean chili, eggplant is simmered in a garlicky tomato sauce until it collapses into a chile-spiced ragù. Pairing stewed eggplant with aromatics and protein-packed legumes is a solid strategy: Kay does it again in her recipe for eggplant dal, in which cumin, coriander, garlic, ginger and fresh chile season lentils and eggplant. Bitter eggplant is often undercooked eggplant. And if you’re frustrated with the results of sautéing and baking, try steaming: In about 10 minutes, strips of eggplant are rendered silky in Hetty Lui McKinnon’s recipe for liang ban qie zi, eggplant with garlic, ginger and scallions.

Persons: I’ve, Amy, Kay, — Kay, you’re, Hetty Lui McKinnon’s

USDA’s August corn and soy yields were the season’s highest in three of the last 10 years, most recently in 2022 for both. Looking toward final yields, the August corn yield has a slight tendency to be too high. Final corn yield was lower than in August in six of the last 10 years and in 10 of the last 15 years. The last two times final corn yield was above the August figure were in 2021 and 2017. USDA’s July corn and soy yields were 177.5 and 52 bpa, respectively, and both would be new records.

Persons: maximums, Karen Braun, Matthew Lewis Organizations: Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, Chicago, Midwest, Nebraska, Kansas, Iowa

But the Crop Watch producers are concerned that this heat could challenge the corn in particular as it continues to fill out kernels. Indiana picked up 2.5 inches last week, western Illinois 2.45 inches, Nebraska up to 1.4 inches, and South Dakota got 1 inch. That ties two other weeks out of the last six for the highest Crop Watch soybean yield prospects of the season so far. Crop Watch producers continue rating both crop conditions and yield potential on 1-to-5 scales. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.

Persons: Shannon Stapleton, Karen Braun, Matthew Lewis Organizations: REUTERS, Crop Watch, Indiana, South Dakota, Southeastern, . Minnesota, Watch, Crop, Reuters, Thomson Locations: Gideon , Missouri, U.S, NAPERVILLE , Illinois, Iowa, Kansas, Illinois, Nebraska, South, Southeastern Illinois, North Dakota, Ohio, ., Minnesota, South Dakota, government’s, North Dakota , Nebraska, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County

In the week ended Aug. 8, money managers established a net short position in CBOT corn futures and options of 26,656 contracts compared with the previous week’s net long of 16,741 contracts. Money managers’ net long in CBOT soybean futures and options in late July was at a seven-year high for the date, but funds have sold aggressively in the last couple weeks. Most-active CBOT wheat drifted fractionally higher in the week ended Aug. 8. Wheat futures tumbled 4.5% in the last three sessions and finished at $6.26-3/4 per bushel, their lowest settle in two months. Funds reduced their net long in Minneapolis wheat to 4,497 contracts from 7,592 a week earlier, and they slashed their K.C.

Persons: Dane Rhys, Karen Braun, Chris Reese Organizations: REUTERS, U.S . Department of Agriculture, USDA, Funds, Reuters, Thomson Locations: Ravenna , Ohio, U.S, NAPERVILLE , Illinois, Chicago, Minneapolis, Kansas City

☆ Custom art, air purifiers and TikTok: College spending boom could booster retailers' sales this fall
▼ + stars: | 2023-08-10 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +9 min

Eros Hoagland | Getty ImagesOver the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. A growing pie — and market share up for grabsAs college spending is poised to grow, retailers have another reason to vie for students' dollars. Jakub Porzycki | Nurphoto | Getty ImagesIt is difficult to estimate how much college market share Bed Bath had in total. Shipt, the Target-owned delivery service, and Walmart have both tried to attract more college students to their membership programs by offering a special discounted price. She said the company's growth has been fueled by college students who want uniquely decorated rooms that reflect their personalities.

Persons: Eros Hoagland, Alicia Browne, Keurig coffeemakers, decorators, Browne, Prosper, Browne chalks, " Browne, Marshal Cohen, Jakub Porzycki, Harmon, Cristina Fernandez, Sonoma, TikTok, Dormify, Amanda Zuckerman, Zuckerman, Kate Reppeto, Callie Weathers Kate Reppeto, Repetto, she's, Anna Emblom Organizations: University of North, Hill, University of Alabama, College, National Retail Federation, IRI, NPD, Target, Walmart, Consulting, Deloitte, Nurphoto, Goods, Ikea, Telsey Advisory, Williams, Hamptons, Madison, University of Mississippi, Eagle Locations: University of North Carolina, Chapel Hill , North Carolina, Kohl's, Bath, Bed, Williston , Vermont, New York City, Madison Ave, Oxford, Miss, Southlake, Dallas, Fort Worth in Texas, Birmingham, Ala

☆ Beyond Meat's newest ad targets meat industry attacks about plant-based food being ultra-processed and unhealthy
▼ + stars: | 2023-08-07 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Groups connected to the meat industry have said for years that plant-based meats aren't healthy. But it also counters one of the most common criticisms of plant-based meats from the animal meat industry – that these products are highly processed and unhealthy to eat. The Center has ties to the meat industry, according to Fast Company. In its own ads and messaging, the Center said that plant-based meat was "ultra-processed" and that the products posed health risks. The ad comes as Beyond Meat, Impossible, and other plant-based meat makers deal with a slump in sales.

Persons: Steven, Rick Berman, John Mackey Organizations: Service, Fast Company, Center for Consumer, Center, Foods, American Heart Association Locations: North Dakota, Wall, Silicon

But some of its beans, known as unwashed or 'natural' arabicas, have not previously been used for high-end benchmark coffee contracts around the world. Unwashed coffee is so-called because its fruit is left to dry whole before the bean is extracted. He added that relatively little Brazilian coffee ends up in ICE warehouses because it usually fetches higher prices in the physical markets. The two companies declined to comment on whether they had got a mix of semi-washed and unwashed beans certified by ICE. Zooming out to inflation adjusted terms however, coffee prices in 1980 were equivalent to about $8 per lb - a whopping 500% higher than they are today, according to Reuters calculations.

Persons: Juan Carlos Ulate, Dagoberto Suazo, unwashed, Marcio Ferreira, Cecafe, Ferreira, Louis Dreyfus, Pedro Mendoza, Maytaal Angel, Gustavo Palencia, Marcelo Teixeira, Frank Jack Daniel Our Organizations: Workers, REUTERS, LONDON, Agricultural, Intercontinental Exchange, Reuters, Producers, IF IT, ICE, Central, Thomson Locations: Grecia, Costa Rica, TEGUCIGALPA, Honduras, Brazil, America, Africa, Cafetaleras, Colombia, Central America, Peru, Europe, Swiss, Sucafina, U.S, London, Tegucigalpa, New York

☆ Tired after eating? Here’s why, and how to fix it
▼ + stars: | 2023-08-01 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

The tendency to get tired after eating isn’t inherently suggestive of something amiss. If you had a meal high in fat — such as fried foods or pizza — that could make you feel tired. “That can really be an energy zapper.”Just like high-sugar foods, sugary drinks can also make you feel tired once the crash hits, Stefanski said. Choosing more balanced meals and snacks can help you feel less tired after eating, experts said. The test measures average blood sugar levels and shows how much glucose is attached to hemoglobin in red blood cells, Stefanski said.

Persons: I’ve, ”, Julie Stefanski, Sandra Arévalo, Stefanski, “, overeat, overindulging, Arévalo, ” Stefanski, it’s, Fats, Kristin Kirkpatrick, ” Kirkpatrick, Kirkpatrick, ” Arévalo Organizations: CNN, Academy of Nutrition, Montefiore Nyack, Cleveland Clinic Locations: New York, United States, Spain

In a proposed class action filed on Monday in Brooklyn federal court, Siragusa accused Taco Bell of deceiving consumers by falsely advertising its Mexican Pizza, Veggie Mexican Pizza, Crunchwrap Supreme, Grande Crunchwrap and Vegan Crunchwrap as containing "at least double" their actual content. He is not alleging that the items contain less content than Taco Bell describes on its website. Taco Bell, a unit of Yum Brands (YUM.N), did not immediately respond to requests for comment. "Taco Bell does not adequately disclose the weight of the beef or filling," Russo said in an email. The case is Siragusa v Taco Bell Corp, U.S. District Court, Eastern District of New York, No.

Persons: Frank Siragusa, Taco Bell, McDonald's, Anthony Russo, Burger King, Russo, Plaintiff, Jonathan Stempel, Bill Berkrot Organizations: YORK, Pizza, Taco Bell, New York City, Taco, Yum Brands, Burger, Taco Bell Corp, Court, Eastern District of, Thomson Locations: Taco, New York, Brooklyn, Ridgewood , New York, Miami, Eastern District, Eastern District of New York

☆ Saudi Mbappé bid even less rational than it looks
▼ + stars: | 2023-07-25 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

Yet a possible outlay of 1 billion euros, including compensation, takes the country’s sporting tactics to surreal new heights. Added to the transfer fee, that takes the outlay to around 1 billion euros. Spain’s LaLiga generated about 900 million euros in international broadcast revenue in the 2020-2021 season, according to Deloitte. CBS Sports reported that Al Hilal was also offering Mbappé a total one-year compensation package worth 700 million euros. The Guardian reported that Mbappé’s one-year salary would be 200 million euros, rising to 700 million euros after including other commercial arrangements and proceeds from image rights.

Persons: Al Hilal’s, Kylian, Germain, Declan Rice, Mbappé, Mbappé aren’t, Al Hilal, George Hay, Streisand Neto Organizations: Reuters, Paris Saint, Arsenal, Saudi Pro League, Guardian, Deloitte, English Premier League, Saudi, Newcastle United, Premier League, Economics, Regional, Qatar, Britons, Al, Financial Times, Bloomberg, CBS Sports, Thomson Locations: Kingdom of Saudi Arabia, Qatar, Paris, China, Saudi, France’s, Saudi Arabian, French

Although those factors caused Chicago corn and wheat futures to surge, speculators have held on to their bearish views thus far. In the week ended July 18, money managers reduced their net short position in CBOT corn futures and options to 46,926 contracts from 63,052 a week earlier. Managed money net position in CBOT corn futures and optionsCBOT December corn futures rallied 6.6% through Tuesday, July 18, though the week included a drop to new yearly lows after the Department of Agriculture expanded the U.S. corn crop outlook. Money managers’ net short in CBOT wheat futures and options has barely changed in the latest three weeks despite a 4% decline in most-active futures during the stretch. Money managers increased their net long in CBOT soybean futures and options to a three-week high of 95,814 contracts through July 18 from 82,748 a week earlier.

Persons: Soymeal, Karen Braun, Matthew Lewis Organizations: U.S, Department of Agriculture, Wednesday, Traders, Reuters, Thomson Locations: NAPERVILLE , Illinois, Ukraine, Chicago, U.S, soyoil

☆ Vladimir Putin's latest economic assault on the West is fueling fears of a global food crisis
▼ + stars: | 2023-07-21 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

On Monday, Russia pulled out of an agreement that allowed Ukraine to export grain. It then started bombing Ukrainian ports and threatened to attack ships. Putin's latest economic assault on the West has sent wheat prices soaring and sparked fears of a global food crisis. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. When international grain prices rise, it becomes more expensive for poorer countries to import those commodities – so Russia's withdrawal from the UN's initiative has fueled policymakers' fears that there could be a worldwide food crisis.

Persons: Vladimir Putin's, António Guterres, Josep Borrell, Hargreaves, Sophie Lund, Yates, Jamie Dimon, Putin Organizations: Service, Initiative, United Nations, UN, JPMorgan, NATO Locations: Russia, Ukraine, Wall, Silicon, Moscow, Europe, European

The pace of new-crop U.S. corn and soybean export sales usually starts to increase in July and especially into August. That covers only 8% of USDA’s 2023-24 U.S. corn export forecast of 53.3 million tonnes (2.1 billion bushels), below the five-year average of 13%. New U.S. corn export sales, July 13New-crop soybean sales account for 10% of USDA’s 2023-24 export target of 50.35 million tonnes (1.85 billion bushels). New U.S. soybean export sales, July 13Both of those export outlooks, especially the one for corn, are considered too optimistic by some analysts since cheaper Brazilian supplies are seen increasingly eating in to U.S. export shares. China has purchased 1.87 million tonnes of new-crop U.S. soybeans, the lowest mid-July, non-trade-war-year volume in at least 16 years.

Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, USDA, Japan, Reuters, Thomson Locations: NAPERVILLE , Illinois, United States, U.S, China, New U.S, Brazil, Mexico, Colombia, South Korea, Canada

☆ Opinion | Barbara Kingsolver Thinks Urban Liberals Have It All Wrong on Appalachia
▼ + stars: | 2023-07-21 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +58 min

It’s like there’s no point in asking who started this because it’s a really, really old antagonism. I think that’s probably what’s most critical right now is that all of our entertainment, our news media, it’s all made in cities. And he’s really pretty horrible, and he doesn’t feed them enough, and that’s really sad. You’re going to have a flat tire, and the guy that pulls up to help you is going to tell your dad within minutes. It’s not like most books you’re going to see.

Persons: Ezra Klein, ezra klein, —, Hernan Diaz, Barbara Kingsolver, “ David Copperfield ”, Dickens, It’s, barbara kingsolver, you’ve, ezra klein We’re, Nobody, I’d, I’ve, Bobby Ann Mason’s, “, — Wendell Berry, Robert Penn Warren, James Still, Harriette, Taylor Greer, you’re, George Washington, ” he’s, — he’s, he’s, I’ll, They’re, George W, Bush, they’re, barbara kingsolver You’re, we’ve, That’s, that’s, I’m, ” barbara kingsolver, barbara kingsolver Oh, barbara kingsolver ezra klein barbara kingsolver, ezra klein Yes, we’re, Charles Dickens, “ David Copperfield, ”, Tommy, ” It’s, ezra klein There’s, barbara kingsolver There’s, Tommy Traddles, Tommy Waddles, who’s, He’s, We’re, Tommy’s, she’s, it’s, Beth Macy, overdosed, ” ezra klein, There’s, grandkids, they’ve, Dori, doesn’t, Peggot, Frances Goldin, Arwen Donahue, She’s, Beth Macy’s, Lazarus, Laline Paull, ezra klein Barbara Kingsolver Organizations: New York, Fiction, Trump, Nicholas County High School, DePauw University, Walmart, The New York Times, . Times, New York Times, Farmers, “, Knoxville —, Purdue Pharma, Purdue, aha, Scots Locations: Appalachia, It’s, Georgia, Tennessee, North Carolina, Virginia, Kentucky, West Virginia, Pennsylvania, U.S, exploitations, Congo, Caribbean, Indiana, Nicholas, Arizona, Europe, Tucson , Arizona, Tucson, Paris, Athens, France, “ Shiloh, MAGA, America, Brazil, Eastern Europe, There’s, California, New York, “, Tommy, Pennington, Knoxville, there’s, nove, Lee County, that’s Lee County, that’s, United States of America, who’s, New York City

☆ Opinion: ‘Dear Canada…’ an American firefighter’s heartfelt letter to north of the border
▼ + stars: | 2023-07-18 | by ( Opinion Clare Frank | ) edition.cnn.com time to read: +8 min

This means agencies creating the wildland-urban interface or WUI — where human settlements meet the natural environment — are not ultimately responsible for protecting it. By my fifth year in firefighting, I’d seen plenty of wildfires and structure fires, and wildfires threatening structures. As we convoyed in, a battalion chief instructed each engine company, “If it’s not savable, leapfrog to the next house. Smoke rises from the Texas Creek wildfire south of Lillooet, British Columbia, Canada, on July 9. In this banner year, some are crying for Canada to form a national fire department.

Persons: Clare Frank, Read, Cynthia Smalley, nature’s, partiers, leapfrog, Luis Ascui, they’d, ember, Smokey Bear, “, it’s, Canada’s Organizations: CNN, CNN —, Del, Getty, Australia, Service, Reuters, Twitter, Facebook Locations: California’s, United States, Pebble Beach , California, Del Monte Forest, Kinglake, Victoria, Australia, Canada, Texas, Lillooet, British Columbia, California, Greece, Spain, Portugal, Italy, France

☆ The AI boom is screwing over Gen Z
▼ + stars: | 2023-07-17 | by ( Ed Zitron | ) www.businessinsider.com time to read: +13 min

Now, with the advent of generative AI, organizations are starting to automate many "junior" tasks — stripping away their dubious last attempt to "teach" young employees. America's young workers are headed toward a career calamity. Nobody wants to teach anymoreEven before the rise of AI, young people were facing an early-career crisis. This lack of care is clearly weighing on the young workers who need career development the most. Humans can be enhanced by AI, helped by AI, but replacing them with AI is a shortsighted decision made by myopic bean counters who can't see the value in a person.

Persons: there's, Gen, Gen Zers, it's, Gen Z, Louis, Zers, millennials, Peter Cappelli, Capelli, Paul Osterman, they'd, Osterman, they'll, ChatGPT, Qualtrics, What's, they're, Ulrich Atz, Tensie Whelan, New York University's, Atz, Whelan, —, There's, Knight, It's, Ed Zitron Organizations: Management, Federal Reserve Bank of St, National Association of Colleges, Employers, University of Pennsylvania's Wharton School of Business, US Department of Labor, MIT, Pew Research Center, National Bureau of Economic Research, Gallup, Workplace Intelligence, Amazon, Boston Consulting Group, New York, New York University's Stern Center, Sustainable Business Locations: America, New, Fortune

Over the last decade, U.S. corn yield in August was lower than in July four times, including the past two years. The recent years with higher August corn yields versus July have featured some sizable moves. The government's corn and soybean yields will rely heavily on survey data next month and field observations will be added in September. Last month was the Midwest’s driest June since 1988, though USDA left U.S. soybean yield untouched from the 52-bpa trendline. August soybean yield has come in lower than in July only twice in the past 10 years (2013, 2021).

Persons: Karen Braun, Matthew Lewis Organizations: U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, USDA

It is always risky when all analysts are leaning the same way, though recent weather and the already-lofty nature of the corn yield seem to validate this thinking. However, lower yields may not be printed in the U.S. Department of Agriculture’s report on Wednesday. All 25 analysts polled between Reuters and Bloomberg believe this month’s corn yield will come in below USDA’s trend-line of 181.5 bushels per acre. Eight of 25 analysts expect the 52 bpa to stand on Wednesday, though soy yield may be more likely than corn to come in lower this month. That leaves room for corn yield losses on the balance sheet but keeps bean supplies tight either way.

Persons: U.S . Midwest Karen Braun, Karen Braun, Matthew Lewis Organizations: U.S . Department of, Reuters, Bloomberg, U.S . Midwest, Thomson Locations: NAPERVILLE , Illinois, U.S, Illinois, Indiana

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