American Peanut Council Elects New Officers and Bayer Activist Investments
**At its 2022 Winter Conference last month in Atlanta, the American Peanut Council elected new officers and executive committee members to lead the organization for the coming year.
The Georgia Farm Bureau reports, Collins McNeill, of M.C.
McNeill & Company, was elected chairman, and Georgia farmer and Peanut Commission member Donald Chase was elected vice-
chairman. Anne-Marie DeLorenzo, from Peanuts-Americas at Mars Wrigley, was selected as secretary/treasurer.
**Activist investors recently purchased significant stakes in Bayer, hoping to split out the agriculture businesses from the consumer health and pharmaceutical business.
According to Shane Thomas of Upstream Ag Insights, at the beginning of 2018, before the close of the $63 billion deal to purchase Monsanto, Bayer had a market capitalization of over $100 billion USD.
Bayer shed 30% of its value within weeks of the close due to the glyphosate lawsuits and is now worth LESS in totality than what they paid for Monsanto.
**Egg prices at the grocery store were elevated throughout 2022 due to outbreaks of highly pathogenic avian influenza.
USDA economists tell www.agriculture.com, wholesale egg prices were expected to decline as the industry rebuilds its hen inventory.
Prices, which were 210% higher in the week leading up to Christmas than during the same period in 2021, fell in the final week of 2022.