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Bob Larson ICE Immigration Arrests and Bayer Stocks Down
by Bob Larson, click here for bio

Program: The Agribusiness Update
Date: August 15, 2018

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From the Ag Information Network, I’m Bob Larson with your

Agribusiness Update.

**Advocates for local and small-scale farming face a bleak future as Congress writes a new farm bill. That’s because programs growers depend on to start or expand operations are set to run out of money this year as consumer interest in the sector grows.

So, according to Agri-Pulse, program advocates are out to cultivate new relationships with Republicans, including Senate Ag chairman Pat Roberts, who once championed the 1996 Freedom to Farm law that sought to reduce government involvement in agriculture.


**A large federal law enforcement operation conducted recently targeted businesses in Nebraska and Minnesota that officials say knowingly hired, and mistreated, immigrants in the U.S. illegally.

Agweb.com reports, the investigative arm of U.S.

Immigrations and Customs Enforcement led the operation that saw about a dozen businesses raided and 17 business owners and managers indicted for fraud, wire fraud and money laundering.

14 were taken into custody and three were still being sought. Authorities also arrested more than 130 workers who were questioned.


**Bayer shares plunged more than 10 percent on Monday after a California jury ordered the German company's newly acquired Monsanto subsidiary to pay $289 million for not warning of cancer risks posed by Roundup.

As reported in Agrimarketing.com, the case against Monsanto, bought by Bayer this year for $63 billion, is the first of more than 5,000 similar lawsuits over the company's glyphosate-based weed killers across the U.S.

Monsanto will appeal the verdict.


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