The nation is home to some 10 million beef and dairy cattle and 26 million sheep, but just 5 million people.
Business
Business news and information from the Portland Press Herald.
Florida shrimpers race to get battered fleet back to sea
Shrimping is the largest piece of the state’s seafood industry, with a value of almost $52 million in 2016.
Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
It remains to be seen how far President Biden is willing to go in showing his displeasure with Saudi Arabia, a vital but complicated ally in the Middle East.
Gasoline prices on the rise again, around the nation and in Maine
It’s still cheaper to fuel your car here than in much of the U.S., but don’t look for the recent bargains to continue.
Chemical company to pay more than $185 million to remove mercury from Penobscot River
A federal judge on Tuesday approved the settlement calling for Mallinckrodt U.S. LLC to pay for remediation of mercury released by the now defunct HoltraChem plant in Orrington.
Fishermen hire Bush-era official in challenge to whale laws
The Maine Lobstermen’s Association is appealing its case against the new rules to the U.S. Court of Appeals for the District of Columbia Circuit.
Biden’s promise to review pot laws leaves companies in limbo
Industry leaders like what they’re hearing, but aren’t as excited as you might expect.
Cannabis brand for women tries to navigate ‘gray area’ of CBD
San Francisco-based Xula believes it has identified an “extremely underserved” market.
On eve of potential sale, Maine’s largest public company is fending off lawsuits
The possible $35 million settlement of a 2019 suit against Covetrus Inc. comes as shareholders will decide Tuesday whether to sell the veterinary technology and services company to a pair of private investment firms.
Wheat climbs to 3-month high on rising Ukraine war worries
The ease in prices as markets closed came amid ongoing concern that an economic slump will curb global demand for grains and other farm products.