The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Bunge to sell North America corn milling business to Grain Craft
Global agriculture group Bunge has announced that it has entered into definitive agreements to sell its North America dry corn and corn masa milling businesses to Grain Craft.
ADM cuts jobs and shuts down China trading operations amid profit declines – Reuters
ADM has initiated the closure of its domestic trading operations in China, resulting in significant layoffs within its two largest business segment, Ag Services and Oilseeds.
Olam to invest $500m into food ingredients business, divest other units over time
Olam Group has today revealed plans to invest $500m into its food ingredients business and divest all its other assets over time.
Taylor Farms acquires agri-tech business FarmWise
Taylor Farms, a US-based producer of ready-to-eat salads, has announced the acquisition of FarmWise’s business.
Livetec Systems launches Livestock Protect app to combat avian flu disruptions
Livetec Systems has introduced Livestock Protect, an app offering real-time data on the geographical spread of the virus.
Lantmännen receives €50m EIB loan for new pea protein facility
Lantmännen has been granted a €50m loan from the European Investment Bank to co-finance a new pea protein production facility.
Bezos Earth Fund and Global Methane Hub launch $27.4m initiative to breed low-methane livestock
Bezos Earth Fund and Global Methane Hub have joined forces to cut livestock emissions through natural, science-backed breeding methods.
Ministers open multi-million-pound dairy innovation centre in Scotland
The UK and Scottish governments have opened a multi-million pound facility to boost innovation and sustainability in the dairy industry.
ADM and Mitsubishi Corporation form alliance to enhance agriculture supply chain
ADM and Mitsubishi have signed a memorandum to explore a strategic alliance to strengthen collaboration in the agriculture value chain.
Global agri-food-tech investment shrinks as sector enters new growth phase
The global agri-food-tech sector has seen a steep decline in investment, with funding plummeting by 73% from its 2021 peak, according to...
ADM cuts jobs in grain trading division
Reuters has reported that Archer-Daniels-Midland (ADM) has cut jobs at its largest unit in its grain trading and oilseed processing division