Notes today:
- Salesforce offers to relocate thousands employees and their families from Texas if they’re concerned about the ability to seek reproductive care..
- A new U.S. government study found unvaccinated people are 11 times more likely to die of Covid-19 as the delta variant continues to kill thousands of them daily while also triggering so-called breakthrough cases among the vaccinated.
- A Florida appeals court said Friday that Ron DeSantis’s ban on school mask mandates can be enforced for now –
- Bloomberg: Almost "all" the top Wall Street banks have come out this week with a nervous message “a storm is brewing” in the U.S. stock market. (I find “ALL” a bit encouraging)
- Bloomberg: The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing on trade – (further frosty China relations).
- Corn: USDA's September Crop Production report showed a yield of 176.3 bu. per acre, which is 1.7 bu. per acre higher than the August report, and 4.3 bu. per acre above last year’s crop.
- Soybeans: The report forecast soybean production to increase 1% from the August forecast, at 4.37 billion bushels. That’s 6% higher than last year’s final production number.
- The biggest production increase by USDA Friday came to cotton. USDA adjusted its all cotton production forecast 7% higher, now at 18.4 million, 480-pound bales.
- Bloomberg: Apple was ordered by a federal judge to allow app developers to steer consumers to alternative payment methods. The ruling for plaintiff Epic Games may shrink a key revenue stream for the world’s most valuable company, which faces a range of antitrust suits. Analysts estimate Apple’s App Store takes in more than $20 billion a year with a profit margin above 75%. Apple is expected to appeal.
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