kccu

Daniel Charles

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

NOEL KING, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

DAVID GREENE, HOST:

It's 2016. Stephanie Strom, a reporter at The New York Times, gets a hot tip from some of her Wall Street contacts. They're big investors, including hedge funds.

They tell her that some aggressive investors — they don't say exactly who — have made a big bet against chicken companies. Those investors think chicken companies have grown too fast, and the nation is headed for a glut of chicken.

"They were betting that the price of chicken was going to fall," Strom recalls; chicken companies' profits would disappear, and their stock price also would take a hit.

The wild battle in Arkansas over dicamba, the controversial and drift-prone herbicide, just got even crazier. Local courts have told some farmers that they don't have to obey a summertime ban on dicamba spraying that the state's agricultural regulators issued last fall. The state has appealed.

Pages