By Lynda Kiernan-Stone, Global AgInvesting Media Under a plan already approved by its Board of Directors, Kellogg Company intends to split its business into three independent public companies by spinning off its U.S., Canadian, and Caribbean cereal and plant-based businesses. “Kellogg has been on a successful journey of transformation to enhance performance and increase long-term […]
By Lynda Kiernan-Stone, Global AgInvesting Media Vertically integrated producer, distributor, and marketer of fresh fruits and vegetables Fresh Del Monte announced its expansion into the row crop business. The move is being made as a way to optimize the company’s assets, capitalize upon underutilized land, and help the company be a solution to the world’s […]
By Lynda Kiernan-Stone, Global AgInvesting Media As one of the world’s largest agri-commodities merchants, Louis Dreyfus Company (LDC) has stood the test of time throughout its nearly 170-year history. The global trader’s activities span the entire value chain across a range of platforms including Grain & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight, Carbon Solutions, […]
By Lynda Kiernan-Stone, Global AgInvesting Media China is implementing a strategic restructuring to further ensure food safety, supply chain efficiencies, and to streamline capacity of its state-owned ag companies. As part of this initiative, it has been announced that COFCO, the largest food manufacturer and commodities trader in the country, has agreed to establish two […]
By Lynda Kiernan-Stone, Global AgInvesting Media Australia’s Aware Super is taking steps to divest its 9,004-hectare Lake Boga agricultural portfolio, which has been part of a 15-year management partnership with Kilter Rural to regenerate the land and to deliver benefits that are environmental, commercial, and social in nature. Formerly known as First State Super, the […]
By Lynda Kiernan-Stone, Global AgInvesting Media It was in January 2020 that Olam International and its subsidiaries announced a re-organization of the business to create two distinct operating groups: Olam Food Ingredients (OFI), and Olam Global Agri (OGA). The plan was launched following a thorough review and evaluation, and a determination that such a move would […]
By Lynda Kiernan-Stone, Global AgInvesting Media Are blueberries the new gold? Johannesburg and London-listed gold miner Pan African Resources (PAR) has stated that “desperate” conditions in the local community are driving the company to diversify into blueberry farming as a way to create a parallel economy. “Barberton Mines has been going for 150 years,” Cobus […]
By Lynda Kiernan, Global AgInvesting Media There’s a gold rush underway in Saskatchewan – however, this gold is the golden fields of canola – and it may be due to climbing demand for biofuel, and environmental pressure. In little more than a month, three major companies have announced plans to build massive canola crushing plants […]
By Lynda Kiernan, Global AgInvesting Media Paine Schwartz-backed Prima Wawona, the largest grower and marketer of conventional and organic peaches, plums, nectarines, and apricots in the world, announced its plans to expand its acreage by 2,600 acres. Further cementing the company’s standing as the top grower, the new acreage will be committed to growing stone […]
By Lynda Kiernan, Global AgInvesting Media China’s largest food company COFCO is positioning to merge its international trading arm, COFCO International, with a number of domestic Chinese businesses, creating a behemoth agricultural trader prior to an IPO (likely to occur in Shanghai) of the new entity. State-owned COFCO owns a 60 percent stake in COFCO […]
