USDA reduces United States’ corn and soybean production forecasts to five-year low

USA – The U.S. Department of Agriculture in a recent report placed the projected production of corn in the Unites States at 13.779 billion bushels, down by 19.816 million bushels from the September forecast. In […]

United States sign trade deal with Japan on food and agricultural exports

USA – The United States and Japan have officially signed a trade deal on food and agricultural exports as the two countries continue to deepen and modernize their trade relationship. The deal, which was announced […]

Aleph Farms succesfully produces cell-grown meat in space

ISRAEL – Aleph Farms, an Israeli food technology start-up company, has successfully carried out a trial on cell-grown meat in the space as part of its mission to provide sustainable food security on the planet. […]

Paine Schwartz Partners closes US$1.4bn food and agribusiness focused fund

USA – Paine Schwartz Partners, a private equity firm focused on sustainable food chain investments, has closed its food and agribusiness-focused Fund V at US$1.425 billion, exceeding its original target. The Paine Schwartz Food Chain […]

Stonewall Kitchen completes acquisition of Vermont Village

USA – Specialty food manufacturer, Stonewall Kitchen has completed acquisition of the organic apple sauce and raw apple cider vinegars producer, Vermont Village brand from parent company Village Cannery of Vermont. The deal, whose financial terms were […]

Danish Crown aims to achieve sustainable soy sourcing by 2020

DENMARK – Meat processor, Danish Crown has adopted a responsible soy policy to ensure the company achieves sustainable soy sourcing by 2020. Danish Crown says the policy also promotes sustainable development of soy production and […]

Luckin Coffee forms joint venture with Louis Dreyfus tapping into the juice market

CHINA – Luckin Coffee, a Chinese chain of coffee shops start-up has signed an agreement with Dutch-headquartered agricultural goods producer and seller Louis Dreyfus Company (LDC) to form a joint venture and develop Luckin Juice […]

Taiwan Flour Mills Association signs US$576 million wheat purchase deal with US

USA – The Taiwan Flour Mills Association has signed an two year agreement to buy US wheat sourced from Idaho in a deal valued at US$576 million. According to the letter of intent signed at […]

Cargill reports slight growth in Q1 revenues, reorganises animal nutrition business

USA – Global commodities trader, Cargill posted revenues of US$29 billion in the first quarter ending August 31, representing 1% increase from corresponding period last year citing strong protein demand. During the period, the company’s […]

Global coalition pledges over US$650m to help smallholder farmers adapt to climate change

USA – A coalition of donors, aid institutions and philanthropy have committed to invest more than US$650 million in the CGIAT System Organization to help 300 million smallholder farmers adapt to the impacts of climate […]