USDA Destroying 420,000 peach trees after Del Monte closes all California canneries for good
Del Monte (139 years old) filed bankruptcy as rising energy prices and steel tariffs exacerbated an already bad balance sheet. They closed their Modesto and Hughson canning plants and canceled long-term contracts worth hundreds of millions.
Farmers now have no buyer for clingstone peaches meant for canning.
The USDA is "helping" farmers, providing $9m to destroy the orchards, calling it 'support for transitioning.'
This is what systemic failure looks like in a centralized food supply: one big player collapses, and the entire chain breaks.
Grow your own food! De-centralize! #GoGrow
🇺🇸⚡- Matthew Lanske, a 21-year-old White man, was shot three times by Black teenagers during a “Teen Takeover,” when Black teens attempted to rob Lanske and his friend at gunpoint, he tried to wrestle the gun away and was shot three times in the process, and his friend was killed.
The story, somehow, gets worse. Lanske was then able to walk nearly two blocks while bleeding out and attempted to seek refuge at a 7/11 where the Indian workers would not allow him to come inside. Lanske proceeded to text 911 and his girlfriend and then passed out due to blood loss. While Lanske was unconscious, the prowling Black teens returned and began to film his unconscious body. Two Seattle Police officers arrived and kept him alive until paramedics came. He was rushed into emergency surgery, placed on life support in the Trauma ICU, and then underwent another major operation to reconnect his intestines, which was successful.
Lanske has woken up and is responding in the hospital. His ...
🌆 Market News Digest
[Sep 11, 2026, 07:00-16:25 EST]
🔥 Top Stories
• US CPI hotter in the details, Fed hike odds jump — core CPI rose 0.3% m/m vs 0.2% est.; traders now price ~90% chance of a Sept hike
• Saudi oil infrastructure attacked; East-West pipeline shut as precaution — major escalation risk lifted crude, diesel and gas prices despite later profit-taking
• Trump doubles down on $5,000 “dividend” checks — White House says payouts may be funded without tax dollars, but offsets remain unclear
• University of Michigan sentiment slumps — consumer sentiment fell to 47.8 and 1-year inflation expectations jumped to 4.6%
⛽ Oil & Energy
• Saudi pipeline attacks, Bab-el-Mandeb/Hormuz tension — output/shipping fears hit WTI, Brent and refined products; Chevron says risk is higher
• Saudi East-West pipeline shut temporarily — Riyadh says it is assessing safety after multiple attacks
• OPEC/Middle East supply worries intensify — Azeri BTC premiums jumped; QatarEnergy seeks longer ...