News Archives | Page 6 of 10 | Global AgInvesting

News

FOCIR fosters the development of the Mexican AgriTech ecosystem by investing in venture capital funds

Content contributed by: Fondo de Capitalización e Inversión del Sector Rural (FOCIR) The Technical Committee of the Capitalization and Investment Fund for the Rural Sector (FOCIR for its Spanish acronym) on August 18 had its Third Ordinary Session where the participation of FOCIR, as a Limited Partner (LP) in three Mexican venture capital (VC) funds focused […]

World’s First Seafood-Dedicated Blockchain System Launched

Earth Twine, a collaborative technology company dedicated to bringing leading edge technologies to bear on traditional food supply chains, and Stratis, a developer and provider of end-to-end blockchain solution applications, have partnered to launch The Earth Twine-Stratis Platform, the world’s first blockchain platform dedicated to the seafood industry. Particularly Important Although the launch of new […]

KAI to Develop Another 3,086 Ha for Annual, Permanent Crops

China’s Kimberly Agricultural Investment (KAI), the backer behind the Western Australian Ord Irrigation Scheme, has submitted plans to Australia’s Environmental Protection Authority (EPA) for the development of another 3,086 hectares of farmland at its Carlton Plains freehold area for the production of both annual and permanent crops including grains, cotton, citrus, mangos, and other tree […]

Massive Reoganization of USDA Proposed

U.S. Secretary of Agriculture Sonny Perdue has submitted a plan for the first reorganziation of the U.S. Department of Agriculture (USDA)  since 1994. The proposal aims to reconfigure three of the USDA’s seven wings, which account for two-thirds of the USDA staff, though the initial report to Congress states that this will be done without […]

Dutch Pension Changes Its Name to Reflect Broad Ag Representation

Dutch pension scheme Bpf Landbouw, the Netherlands’ retirement fund for agriculture industry workers with 14.3 billion euro in assets under management, recently changed its name to better reflect its participants and investments as well as to attract greater pension assets with an expanded focus on agriculture. Previously dubbed the Bedrijfspensioenfonds voor de Landbouw, the fund, which […]

Israel Earmarks $2.1 Million for Next Gen of Medical Cannabis

Israel is investing $2.1 million (NIS 8 million) to advance medical cannabis crop research in the region. The funds, which will be provided by Israel’s Ministry of Agriculture, will be directed to more than a dozen projects to catapult the growth of medical cannabis in the country. The funds represent the first time the Israeli […]

President Trump Rejects TPP Despite a Potential Windfall for Ag

President Donald Trump, after only a few days in office, signed his maiden executive order to remove the United States from the Trans-Pacific Partnership trade deal, otherwise known as TPP. The move stops U.S. participation in its tracks before the paperwork ever made its way to Congress and has some farmer groups crying foul amid […]

Trump Chooses Former Georgia Governor for Ag Secretary Spot

The wait is over. President-Elect Donald Trump has selected George Ervin “Sonny” Perdue III, the former governor of the state of Georgia, as the new Secretary of Agriculture. As the final cabinet nomination in Trump’s administration, the unveiling comes just about a day shy of the 2017 presidential inauguration. Seventy-year-old Perdue will oversee the U.S. […]

Leading Ecuadoran Shrimp Farm to Double Capacity

Omarsa, one of the largest shrimp farmers and processors in Ecuador, is planning to add another 3,700 hectares of shrimp farms to its operations over the course of the rest of this year and next, Sandro Coglitore, company general manager told Undercurrent News. In January of this year, it was announced that the company secured […]

China Relaxes Farmland Ownership to Encourage Ag Sector Modernization

As urbanization marches on and the migration of rural Chinese farmers to larger cities for higher pay accelerates, the amount of Chinese farmland being abandoned has also climbed. In order to consolidate these lands back into production, Beijing has relaxed its rules regarding the transfer of agricultural land, creating three “rights’ that will form a […]