Cotton Expansion Continues and Deere Notice to Salaried Employees
From the Ag Information Network, this is your Agribusiness Update.
**The U.S. Cotton Trust Protocol announced its expansion for the fifth consecutive year, both in enrolled growers and planted acres.
Planted cotton acres enrolled increased 31% from 2023 and is driven by a 35% increase in enrolled growers, demonstrating a strong commitment to sustainability in the cotton industry.
Trust Protocol Executive Director, Daren Abney says it’s a collective effort that brings more responsibly produced cotton into the market, providing brands and retailers greater access to sustainable sourcing options.
**The National Cattlemen’s Beef Association confirmed the effort to prevent ultra-processed, lab-grown protein in the diet of the American armed forces was successful.
This comes after news the Department of Defense is not pursuing lab-grown protein products for human consumption.
NCBA President Mark Eisele says after weeks of speaking out against the plan, we are thrilled to have DoD confirmation that lab-grown protein is not on the menu for our nation’s service members.
**John Deere, faced with lower customer demand for equipment, declining sales, and a difficult ag economy, confirmed cuts in its global SALARIED workforce.
Corridor Business says Deere didn’t release details on the number of salaried employees affected.
The most recent round of cuts follow hundreds of previously announced layoffs of Deere’s production workers in recent months.
The company isn’t saying when the salaried workforce reductions will happen.
