Don’t miss the 2017 Eastern NC Agricultural Water Management Workshop on Friday, February 24th at the Vernon James Research and Extension Center in Plymouth. The event gets underway at 9:00 am, with talks on Design Criteria for Drainage, Controlled Drainage and Sub-Irrigation Systems, Alternatives to Traditional Drainage Water Management, Drone Technology and Potential Uses in Water Management Systems and much more. Lunch will be provided. Please call the Vernon James Research Center in Plymouth to register.
Boston firm buys S.C. Packaged Meat Company
Boston-based investment firm Gordon Brothers has entered into a strategic partnership with Carolina Pride, a family-owned packaged meat producer based in Greenwood, S.C.
Gordon Brothers, through its wholly owned entity CPF Holdings LLC, now holds a majority equity interest in Carolina Pride. Family members of company founder, Dr. W.A. Barnette, have retained an equity interest in Carolina Pride and will remain involved in the company.
Carolina Pride will continue to operate in Greenwood.
Cotton Acres Forecasted to Increase 10 Percent
The Annual Planting Intentions survey by the National Cotton Council estimates U.S. cotton acres will expand near 10 percent in 2017, compared to 2016. The survey projects 11.0 million acres of cotton will be planted in the U.S. this year. An analyst with the National Cotton Council says the increase in acreage is “largely the result of weaker prices of competing crops and improved expectations for water.” Meanwhile, world cotton mill use is expected to exceed world production in 2017, and global cotton stocks are projected to decline by 7.7 million bales. The majority of the global stocks decline is due to China’s reduced inventories.
Groups Urge New U.S. Attorney General to Block Major Ag Mergers
More than 300 groups signed a letter calling on newly confirmed U.S. Attorney General Jeff Sessions to block the three major seed and chemical mergers being reviewed by the Department of Justice. The groups consisting of consumer, food, farm and anti-pesticide organizations say the mergers would increase both food and farming costs, threaten global food security, curtail innovation and limit farmer choices. The mergers involved include Dow Chemical and DuPont, Bayer AG and Monsanto and ChemChina and Syngenta.