Top Stories You Might Have Missed…

5/17/2013 2:17:25 PM

No Sick Day for Farmers
If you work in agriculture, there’s a good chance that feeling under the weather won’t be enough to call in sick. Sick days may cost the U.S. economy an estimated $84 billion annually, but a new study has found that farmers are among a group of professions that miss substantially less time due to illness than others, according to 24/7 Wall St. A joint study by Gallup and Healthways listed farmers, foresters and fishers as number two on the list. Only physicians ranked higher.
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Court Rules on Biotech Case
Last week, the U.S. Supreme Court ruled unanimously in favor of Monsanto in their attempt to protect their patents on genetically engineered seed traits. The court ruled against an Indiana farmer who claimed he could legally bypass Monsanto's seed trait patents by planting soybeans grown by other farmers and then sold to a local elevator.
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Agriculture is Expected to Remain Strong in the Coming Decade
It can be tricky to predict the future, especially when this future includes factors of weather and world economies. By using specific assumptions, the USDA has developed a “conditional scenario” of the future of agriculture in the next decade, according to “USDA Agricultural Projections to 2022.” Overall, this report indicates an optimistic future that includes some bumps along the way. A couple of these bumps include the short-term softening of commodity prices which are affected by increased production encouraged by high prices from the drought induced short crops of 2012 and increasing crude oil prices.
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