By Lynda Kiernan, Global AgInvesting Media Rapidly growing demand from food, feed, industrial, and biofuel customers, including producers of renewable diesel, has driven Archer Daniels Midland (ADM) to announce it is investing $350 million to build the first dedicated soybean crushing plant and refinery in North Dakota. “ADM’s commitment to preserving and protecting our planet’s […]
By Lynda Kiernan, Global AgInvesting Media It was in 2019 (August 8, 2019, to be exact) that the Australian government requested that the Australian Competition and Consumer Commission (ACCC) conduct an inquiry examining the country’s $2 billion water market. The request followed on the heels of a serious drought that saw the country’s Darling River turn […]
By Lynda Kiernan, Global AgInvesting Media Tianma Bearing Group (TBG), the investment vehicle of Chinese billionaire Xingfa Ma, has listed the Balfour Downs and Wandaya Stations – a combined large scale breeding and finishing operation in the East Pilbara region of Western Australia. Ma expects to fetch between $32 – $40 million for the adjoining […]
By Lynda Kiernan, Global AgInvesting Media Vital Farms, the largest U.S. producer of ethically and pasture raised eggs and other products including butter, hard-boiled eggs, liquid whole eggs, butter, and ghee, announced it has filed a registration statement form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). […]
By Lynda Kiernan Bringing vast experience, Mitchell Presser, a founding partner of leading food and agriculture investor Paine Schwartz Partners, has joined New York-based global law firm Morrison & Foerster as a partner in its M&A and Private Equity Investments + Buyouts practices, as well as as co-chair of the firm’s Global Corporate Department alongside […]
Today is National Ag Day – Learn how the day is being virtually acknowledged at agday.org.
By Lynda Kiernan Highline Mushrooms announced an investment of $20 million for the construction of a second farm north of Calgary, in Alberta. The decision to move forward with the project, which will create 120 jobs for the region, was driven in large part by the repeal of Bill 6, legislation that delisted mushroom farms […]
Matthew Wakiak, founder and former COO of Blue Apron, has launched Cooks Venture, a next generation food company rooted in regenerative agriculture and transparency. In connection with its public launch, Cooks Venture has also announced its acquisition of an 800-acre farm in Arkansas and two processing facilities in Oklahoma. “Regenerative Agriculture” refers to a holistic […]
Blue Sky Investments continues to rebuild its executive team, appointing Elizabeth Walker as its new chief financial officer beginning January 14. The firm is still searching to fill the roles of chief executive and the newly created role of chief risk officer. Prior CFO Michael Whyte resigned in October 2018 only one day before Blue […]
As the U.S. Federal Farm Bill has been passed by Congress, and with expectations that President Trump will sign off on it on December 20, Kentucky-based hemp company GenCanna Global USA announced it is investing $40 million to build a new multi-processing facility in Mayfield, Kentucky. GenCanna plans to purchase land in the Graves County […]
