How a Brexit Would Affect UK Agriculture
By Garrett Baldwin Bank of England Governor Mark Carney has been scrambling to convince voters that leaving the European Union would be the single largest risk to the nation’s economy. On June 23, a referendum vote is set to decide the future of the nation’s membership in the European Union. But while Prime Minister David Cameron and
Read moreNorway has Approved World’s First Offshore Aquaculture Project
The Norwegian government has granted approval for Ocean Farming AS to build the world’s first offshore automated ‘exposed’ aquaculture facility with the support of Kongsberg Maritime AS. Ocean Farming will invest NOK690 million (US$82.6 million) in the pilot project, which will have operation licenses granted for a term of seven years,
Read moreWill Salinas Fulfill Promise as Agtech Center?
By Elizabeth Penney Agtech has the potential to transform agriculture. In Salinas, California, political leaders and entrepreneurs are hoping it will transform an economy. “We’re creating an eco-system for ag tech development,” says Andy Myrick, economic development director for the City of Salinas, speaking of local initiatives attra
Read moreADM Exits Brazilian Sugar Ethanol
After four years on the market, Archer Daniels Midland (ADM) announced it has reached an agreement to sell its sugarcane ethanol operations in Limeira do Oeste in the state of Minas Gerais in Brazil to JFLim Participações SA for an undisclosed amount. The deal includes a sugarcane plantation and a processing facility with the capacity to
Read moreCan Vertical Farming Solve Key Ag Issues and Scale Up?
By Elizabeth Penney An interest in water conservation led David Rosenburg to indoor vertical agriculture. The potential to feed people well—and inexpensively—is keeping him there. “Technology is allowing us to drive down costs and create access to fresh food,” says the CEO of AeroFarms, presently the world’s largest vertical farm.
Read moreHistoric U.S.-Cuba Agriculture Agreements Announced by Ag Secretary Vilsack
Efforts to normalize the relationship between the U.S. and Cuba took a step forward last weekend, as Barack Obama became the first U.S. President to visit Cuba since President Calvin Coolidge made the trip in 1928. Along with the presidential visit, aimed at forwarding normalization through connecting U.S. and Cuban citizens through expanded
Read moreWhat the Buyer Wants: Trends in Consumer Driven Agriculture
By Garrett Baldwin Long before the gluten-free trend, and the Ketto and Paleo diets were a craze in the United States, the United States Department of Agriculture explained that the global food marketplace had shifted from production-based agriculture to consumer-driven agriculture. The last 16 years has seen a dramatic change in
Read moreChina’s Poultry Industry Poised to Compete with Pork
Thanks to a growing acceptance of eating poultry by a younger generation and a burgeoning quick service restaurant (QSR) sector, poultry production in China is expected to continue to grow faster than pork. Poultry production in China is the most industrialized protein sector in the country producing 17 million tons annually and ac
Read moreAg Trends and Outlook
Specialty ingredient company, Frutarom, continues its explosive expansion, making its 29th acquisition within the past five years.Specialty ingredient company, Frutarom, continues its explosive expansion, making its 29th acquisition within the past five years.
Read moreSysco
Sysco Has Agreed To Acquire The European Food Distributor, Brakes Group, From Bain Capital Private Equity In A Deal Worth $3.1 Billion Including The Repayment Of Approximately $2.3 Billion Of Brakes Group’s Debt. Launched In 1958 As A Poultry Supplier To Caterers In Britain, Brakes Group Continued Growing Until It Reached A Scale Where It
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