Deal Tracking

The Dangote Group is targeting 120,000 hectares of rice production across Nigeria by 2020 in order to eliminate imports.

Israeli dairy farm solutions company Afimilk has acquired wearable dairy cow tech company, Silent Herdsman.

Fenner Valley has signed a lease with Cadiz Inc. to develop 9,600 irrigated acres in the Cadiz Valley for diversified crop production.

The second largest food services company in the U.S. filed with the SEC for an IPO that could reportedly raise $1B.

UK-based AB Agri is expanding its reach in alternative proteins with the addition of AgroKornÍs milk replacers and soy proteins.

JapanÍs Asahi Group Holdings is eyeing global expansion with a ó2.55 billion bid for SABMillerÍs Peroni, Grolsch, and Meantime brands.

Seattle-based MicaSense has raised $7.4 million from Parrot to support the development of new agtech sensors.

U.S. net farm incomes are expected to see a third year of declines, however the rate of decline is slowing according to the USDA.

Agtech startup, Edyn, announced it has raised $2M in seed funding in a round led by Fenox Venture Capital.

Oaktree Capital-backed AdvancePierre Foods is planning an IPO that could value the company at $2.5 billion.