Farm Income Could Surge – July 25, 2019

Farm income will surge 4 percent if China ends soy tariffs, say analysts

If China eliminated its punishing trade war tariffs on U.S. soybeans, net farm income would climb by nearly $3 billion this year and $4 billion in 2020, said three university economists in examining one aspect of the Sino-U.S. trade war. The two countries will resume trade talks next week in Shanghai.

Declining investment in public ag research threatens innovation, report says

A new report from Purdue University, the National Sustainable Agriculture Coalition, and other groups says that public spending on agricultural research in the United States has plummeted, threatening innovation and public access to information. At the same time, it says, ag research is becoming increasingly privatized.

Different types of corn drive U.S.-Mexico trade

The United States and Mexico are among the world’s largest corn producers, and both are expanding production. A USDA report says that despite their geographic proximity, there are fundamental differences in the “corn economies” of the two countries.

TODAY’S QUICK HITS

Better tips for Dashers (New York Times): DoorDash, a food delivery app, vowed to reform its tipping practices after reporting revealed that delivery workers’ tips were effectively going to the company.

BoJo backs GMO (Mirror): In his first speech as British prime minister, Boris Johnson looked forward to Brexit and said, “Let’s start now to liberate the UK’s extraordinary bioscience sector from the anti-genetic modification rules, and let’s develop the blight-resistant crops that will feed the world.”

Meatless sausage at doughnut chain (CNBC): Doughnut and coffee chain Dunkin’ is the first U.S. restaurant chain to offer a breakfast sandwich made with a plant-based meat substitute. The Beyond Sausage is debuting in Manhattan.

Columbia honors series on ag and climate change (Columbia Journalism):  InsideClimate News won the Oakes Award for distinguished environmental reporting with its series “Harvesting peril: Extreme weather and climate change on the American farm,” a critical look at agriculture’s role in global warming.

How soon for cell-based meat? (New Food Economy): Although developers and investors say lab meat is on the horizon, there are still unsolved technical challenges to culturing and producing the meat on a commercial scale.

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