Cooler-Wetter Good for Georgia and Bayer on Roundup Ruling
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**A chilly, wet winter isn’t the worst thing if you’re a Georgia farmer.
A cooler December, January and February slowed the growth of broccoli, cauliflower, onions, greens and cabbage, and also brought a fair amount of rain, according to University of Georgia horticulture professor Timothy Coolong.
Heath Wetherington, with Baker Farms, tells
www.thepacker.com, the excessive rain early on caused wet fields and delayed some planting, but the cooler spring has been a real advantage.
**Farmers in the Midwest and Plains are reaping a cash bonanza that has dramatically improved their finances a year after the pandemic pummeled commodity markets and prompted a record $46 billion in federal payments to agriculture.
Last week, according to www.agriculture.com, three Federal Reserve banks said farm income strengthened early this year, a continuation of the improvement seen at the end of 2020.
**Bayer is disappointed with a California federal appeals court decision upholding a verdict on its glyphosate product Roundup.
The plaintiff contends Roundup caused his cancer. He was initially awarded $80 Million dollars but that was later cut to $25 Million.
According to www.agrimarketing.com, Bayer says they believe the 9th Circuit decision is wrong because the EPA has determined that a cancer warning for Roundup is not warranted and is improper.
This is the second appeal lost by Bayer of three high profile Roundup cases.