New satellite imagery shows a large swath of California’s rice fields has been left barren without harvest as fears of a ‘mini dust bowl’ emerge due to diminishing water supplies. A report via the US Department of Agriculture shows about 300,000 out of the 550,000 acres committed to rice growing in California will go without harvest. This could potentially drive up prices nationwide.
Read More:quality(75)/https://static.texastribune.org/media/files/e2bb235a742e63ddd70b8238e8f3f348/Tesla%20Dealership%20HTX%20REUTERS.jpg?resize=627,376 "Tesla Among Surge Of Companies Rushing To Take Advantage Of Texas’ Expiring Tax Incentive Program")
The Chapter 313 program was designed to draw business to the state, but critics say it lacks accountability and unduly burdens taxpayers. Tesla and other companies hope to take advantage of the tax incentive ahead of the program’s expiration at the end of the year.
Read More:quality(75)/https://static.texastribune.org/media/files/23875c51ec04b56ad1cf1eb34e8fff96/Longview%20Housing%20File%20MC%20TT%2021.jpg?resize=627,376 "Texas’ Housing Market Shows Signs Of Cooling Down After The Pandemic Drove It To New Heights")
Texas had more houses on the market in July than any time since late 2020 as home sales declined in the state’s major metros. Sellers have had to cut prices to entice buyers.
Read More
A concerning survey of 700 US executives reveals that half of them are either actively reducing headcount, or plan to – while 52% have implemented hiring freezes, according to Bloomberg.
Read More
Texas Crop and Weather Report – Aug. 9, 2022
Read More