BASF expects to post a net loss for 2022 after booking impairments worth 7.9 billion from the deconsolidation of Russian exploration and production activities after Moscow's invasion of Ukraine.
California is expected to produce 270 million pounds of avocados this year, down nearly 12% from preseason estimates. USDA’s Economic Research Service reports organic trade reached $3.4 billion in 2021.
A controversial California ballot initiative, which passed in November, will significantly increase the price of pork for consumers both in California and nationwide.