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Rebuilding the U.S. cattle herd could take years as market conditions encourage ranchers to sell off rather than keep their cows. If prices remain strong, cattle contraction could continue through 2027, according to a CoBank Knowledge Exchange research brief. https://lnkd.in/ejus8sET
Rebuilding the US cattle herd could take years, analyst says
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A growing number of U.S. farmers are finding their land and crops contaminated with "forever chemicals," known as PFAS, which can have harmful effects on humans. The EPA has allowed the use of biosolids as fertilizers for decades, which has proliferated PFAS contamination. Farmers are now suing regulators for failing to prevent the toxic chemicals from entering their crops, livestock and water, as states expand testing for PFAS. https://lnkd.in/eaqpCHpS
These farmers didn’t know their land was contaminated with PFAS. Now they’re suing.
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Lifeway Foods CEO Julie Smolyansky's relatives are pressuring to oust her and the company's board of directors, reigniting a yearslong dispute. https://lnkd.in/e3CFXzCQ
Lifeway Foods family feud heats up as shareholders push CEO to resign
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Also in this week’s farm technology news: Suzano invests in agtech for eucalyptus farming, and a rock-picking startup picks a Farmer Business Network exec to be its next CEO.
Agtech seedlings: Cargill tests irrigation tech on cotton fields
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Cargill revenue fell close to 10% as the grain trader contends with "an extremely challenging" marketplace.
Cargill revenue falls, breaking two-year record earnings streak
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JBS earnings soared in the second quarter as the chicken and pork businesses benefited from lower grain and feed costs.
JBS stock-listing plans ‘out of our control,’ CFO says
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Deere Chairman and CEO John May said the company has cut manufacturing “at a faster pace than ever before,” positioning the tractor maker ahead of industry peers.
Deere earnings beat expectations following layoffs
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CPKC and Canadian National have stopped shipments of “hazardous items” —including certain agricultural chemicals — ahead of potential work stoppage.
Canada’s major rail carriers begin shipping embargoes
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Venture funding for agtech startups has largely dried up amid persistent inflation and falling farmer profitability. However, some firms speaking to the most pressing issues in agriculture are still able to snag investment.
The 4 types of agtech startups attracting venture investment
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