U.S.-Guatemala H-2A Talks and Bayer Judgement Reduction
From the Ag Information Network, I'm Bob Larson with your Agribusiness Update.**The U.S. and Guatemala are working on a program to boost H-2A workers from that country, in an effort to stem what the Department of Homeland Security calls irregular migration patterns.
According to thepacker.com, a registered Foreign Labor
Recruiter program would prioritize H-2A visa appointments over non-immigrant categories for Guatemalans.
The program is one of several designed to stem the flow of undocumented workers from Guatemala.
https://www.thepacker.com/article/us-guatemala-h-2a-program-addresses-irregular-migration?mkt/
**Bayer gets a third large trial verdict substantially reduced in litigation over the safety of its signature weed killer, Roundup.
Agrimarketing.com reports, a California state court judge trimmed a more than $2 Billion award to $86.7 Million in the case of a husband and wife who blame their non-Hodgkin lymphoma on Roundup.
A week earlier, a San Francisco judge reduced a more than $80 Million verdict to $25.3 Million in a similar case in Northern California.
https://www.agrimarketing.com/s/125212
**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.
That's according to three university economists examining just one aspect of the trade war.
A $3 billion increase is equal to 4% of U.S. net farm income, forecast at $69 billion this year.
The administration says it will spend up to $16 billion on Trump tariff payments on 2019 agricultural production.
The two countries are meeting this week in Shanghai.
https://www.agriculture.com/news/business/farm-income-will-surge-4-if-china-ends-soy-tariffs-say-analysts