Author Archives: Keith Good

Bayer Could Win a New Trial for Roundup

Wall Street Journal writer Jacob Bunge reported earlier this month that, “Bayer AG could win a new trial to defend its Roundup weed killer. “A California judge on [October 10th] issued a tentative ruling for a new trial on the $250 million in punitive damages awarded to a groundskeeper, who sought to hold the Roundup maker… Continue Reading

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Organic Field Crop Acreage Grows While Non-GMO Acreage Declines

DTN writer Katie Dehlinger reported yesterday that, “Acreage planted to organic field crops is on the rise while land planted to non-GMO corn and soybeans declined, according to a new report from Mercaris, a market data and trading platform for the identity-preserved grain industry. “The number of farms certified under USDA’s National Organic Program increased 3%… Continue Reading

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Three Farmers Agreed to Plead Guilty to Fraudulently Marketing Non-Organic Corn and Soybeans

The Associated Press reported late last week that, “Three farmers have agreed to plead guilty to fraudulently marketing non-organic corn and soybeans as certified organic as part of a lengthy, multi-million-dollar scheme. “Documents filed in federal court in Iowa show that Tom Brennan, James Brennan and Michael Potter each intend to plead guilty to wire… Continue Reading

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Mortgage Rates Increase, Cost of borrowing, highest in Over Seven Years

Wall Street Journal writers  Laura Kusisto and Christina Rexrode reported last week that, “Mortgage rates hit their highest level in more than seven years this week at nearly 5%, a level that could deter many home buyers and represents another setback for the slumping housing market. “The average rate for a 30-year fixed-rate mortgage rose… Continue Reading

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Corn Futures Advance as USDA Cuts Outlook for Domestic Yield

Bloomberg writers Megan Durisin and Shruti Singh reported yesterday that, “After months of dealing with gloom in the grain markets, corn bulls were delivered some relief as the U.S. Department of Agriculture forecast smaller-than-expected domestic production. But the euphoria didn’t last when it came to soybeans and wheat. “In one of the biggest recent surprises for… Continue Reading

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Hurricane Michael Takes Aim at No. 1 Chicken Producer Georgia

Bloomberg writer Lydia Mulvany reported yesterday that, “Hurricane Michael is expected to whirl through areas of southern Georgia, South Carolina and North Carolina, idling chicken and egg farms and fertilizer mines. “Preparations have already begun in Georgia, the No. 1 chicken-producing state, with companies closing down operations early and relocating birds, said Will Sawyer, an economist… Continue Reading

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Veggie-Selling App Meicai is Said to Raise New Capital

Bloomberg writer Lulu Yilun Chen reported yesterday that, “Meicai, a Chinese startup that helps farmers sell vegetables to restaurants, raised at least $600 million in a funding round led by Tiger Global Management and Hillhouse Capital, people familiar with the matter said. “The money will be used to expand as the startup competes for a bigger… Continue Reading

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Minnesota Startup “Raised Real” Delivers Nutritional Pouches to Assist with Meal Preparation

Kristen Leigh Painter reported recently at the Minneapolis Star Tribune Online that, “Jen Biswas spent every Sunday afternoon chopping, steaming and puréeing foods for her firstborn when he was a baby. “With her second child, now 11 months old, she doesn’t have to. A startup company called Raised Real sends her a box of flash-frozen… Continue Reading

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DNA-altered Soybeans Escape GMO Designation in U.S. Decision

Bloomberg writer Lydia Mulvany reported Friday that, “For Pete Zimmerman, a Minnesota farmer, the age of gene-edited foods has arrived. While he couldn’t be happier, the hi-tech soybeans he’s now harvesting are at the crux of a long-running debate about a frankenfood future. “Zimmerman is among farmers in three states now harvesting 16,000 acres of DNA-altered… Continue Reading

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U.S. Soybean Exports Plunge in August

Bloomberg News writer Andrew Mayeda reported today that, “The U.S. trade deficit widened in August to the biggest in six months as soybean exports plunged and a measure of the gap with China hit a record, showing how the Trump administration’s trade war is dragging on economic growth. “The gap in goods and services trade increased… Continue Reading

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