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Charoen Pokphand Foods announces commitment to responsibly source agricultural raw materials used in animal feed production from farmers and suppliers without deforestation to protect biodiversity and natural resources of Thailand, other countries

USDA announces up to US$225M in available funding for conservation partners through Regional Conservation Partnership Program; funding announcements include projects that address climate change, benefit underserved producers and support urban agriculture

Corteva Agriscience announces capital investment of nearly €5M at its Austrian production plant to make the processing of seeds safer and more efficient

Tate & Lyle partnering with charitable organization Nuestros Pequenos Hermanos Mexico to expand sustainable production of fresh fruit and vegetables in greenhouses at the charity’s residences in the Mexican state of Morelos

Brazil expected to produce a total volume of 284.4 million tons of grain in the 2021-2022 crop year, up 12.5% from previous crop year, according to government estimates

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An example of a few headlines sent to our customers on Jan, 07 2022
Agriculture Industry

powered by Industry Intelligence, Inc.

January 07, 2022

Industry Roundup

Corn/Maize

Indigenous communities in Oaxaca, Mexico, increasingly replacing corn crops with cannabis in anticipation of marijuana being legalized in the country
Axios (01/06)

Chicago Board of Trade soybean futures fall on Jan. 6 as broad selling in financial markets offsets concerns about weather in South America that had pushed prices to a five-month high; corn and wheat prices also fall
Reuters (01/06)

Grains

Fitch: Key themes for Asia's agribusiness in 2022 include China's pork production to fall but Vietnam's to rise, climate change and environmental regulations to increasingly impact agribusiness, Asia seeing increasing hurdles to grain production expansion
Fitch Solutions Sector Intelligence (01/05)

Oils

Canadian oilseed processors crush 781,105 tonnes of canola in November, Statistics Canada says; oil production totals 325,474 tonnes, meal production totals 464,977 tonnes
Statistics Canada (01/04)

Potatoes

Canadian Food Inspection Agency says potato wart fungus is no longer detected in the country's potato fields, a key step towards the resumption of fresh potato exports to the US from Prince Edward Island
Fresh Plaza (01/04)

Soybeans/Soybean Meal

Chicago Board of Trade soybean prices rise US$0.25 to US$13.90/bushel on Jan. 5, supported by extreme weather in South America that could result in yield losses; corn falls US$0.08 to US$6.0150/bushel
Reuters (01/05)

Brazil exports 86.6 million tons of soybeans in 2021, up 5.2% from 2020, according to the National Assn. of Cereal Exporters; volume reaches 2.5 million tons in December, compared with just 161,000 tonnes in December 2020
CE Noticias Financieras (01/05)

Wheat

Canadian millers mill 281,000 tonnes of wheat in November, while wheat flour production totals 217 000 tonnes, Statistics Canada says
Statistics Canada (01/04)

Animal Farming/ Meat Production

Bird flu detected on a farm of about 13,000 turkeys in west France, marking the first outbreak of bird flu in the region, according to poultry industry group Anvol
The Peninsula (01/04)

Cannabis/Hemp/Marijuana Farming

US Forest Service, 908 Devices partner on R&D effort to extend capabilities of MX908 handheld, mass-spectrometry device to rapidly detect toxic pesticides used in illegal marijuana grows on federal lands, making testing easier, safer for USFS personnel
Business Wire (01/04)

Dairy Farming

Total amount of milk sold off Canadian farms rises 0.2% year-over-year to 791,519 kiloliters in October, Statistics Canada says; milk sold off farms for fluid purposes falls 5.6% to 223,239 kiloliters
Statistics Canada (01/05)

Fruit Farming

Belize government to invest US$15M into the country's citrus industry over the next three years and gives its approval for the diversification of the citrus industry into processing of more non-traditional fruits
Fresh Plaza (01/05)

Global tomato production totals 186.8 million kg on 5.1 million hectares in 2020, achieving an average yield per square meter of 3.7 kg, data shows
Fresh Plaza (01/04)

Organic Farming

Sri Lankan President Gotabaya Rajapaksa fires Education Minister Susil Premajayantha for criticizing an ambitious government plan to become the world's first country to only use organic fertilizer to grow crops
dpa English (01/04)

Regenerative Agriculture

Cover crop plantings in the US total as much as 22 million acres in 2021, up 43% from 2017, according to USDA data
Thai News Service (01/05)

Crop Production/Yield

Fitch expects high fertilizer prices in Europe in 2022 to weigh on agricultural yields and production; farming activity and food manufacturing may see disruption in early 2022 on labor shortages due to pandemic, but this will likely be temporary
Fitch Solutions Sector Intelligence (01/06)

Brazil's 2021-2022 soybean harvest will reach 134 million tonnes, a drop of about 11 million tonnes compared with the December forecast, according to report from consulting firm StoneX, which if accurate means harvest will no longer be a record
Reuters (01/04)

Agricultural Products & Raw Foods

UN's Food and Agriculture Organization's food price index rises 23.1% year-over-year in December and is expected to end 2021 with a total increase of 28% compared to 2020
CE Noticias Financieras (01/06)

Oregon State University studying what it would take to create larger commercial maple syrup industry in Northwest; researchers leading federally funded project working with several landowners to tap bigleaf maples commercially
The Astorian (01/06)

Chinese walnut exports rise 60% in value terms in 2011, setting new records for the exports of in-shell walnuts and walnut kernels, despite record-low prices in H1, data shows
Fresh Plaza (01/06)

 Food & Beverage

Fresh Produce

France-based FDR Packaging offers ETP transparent paper film for trays, flowpack and pouches; the paper film is made from wood and has applications for fruit and vegetables
HortiDaily.com (01/04)

Fresh Foods

SIG to acquire Pactiv Evergreen's Asia Pacific Fresh operations for US$335M; Evergreen Asia supplies filling machines, cartons, closures and after-sales service to customers, mainly for milk, and has production facilities in China, South Korea and Taiwan
SIG Combibloc Group AG (01/05)

Denmark-based Faerch Group, maker of CPET and MAPET II food packaging solutions, to acquire Germany-based Paccor Group, not including its UK business; Faerch CEO notes Paccor’s 'leading position’ in the dairy sector
Paccor Gmbh (01/04)

Fruit/Vegetable Juices

US-based lemon juice producer Ventura Coastal petitions US Dept. of Commerce and US International Trade Commission to impose anti-dumping duties on lemon juice imports from Brazil and South Africa, alleging unfair competition
Valor International (01/05)

Coca-Cola announces US launch of Topo Chico Ranch Water Hard Seltzer, featuring real lime juice; beverage comes in 12-packs of 12 oz. slim cans
Beverage Industry (01/04)

Fruits, Vegetables & Salads

General Mills, Chiquita and Yoplait announce launch of 'Go Bananas for Breakfast' campaign, which aims to highlight the fact that a healthy balanced breakfast--which can be as simple as cereal, a banana and yogurt--can be inexpensive
Business Wire (01/05)

Dole Packaged Foods announces launch of 'Hold My Fruit Bowl' marketing campaign, highlighting its Fruit Bowls snacks; the campaign showcases children 'doing the impossible with a little help from fruit'
PR Newswire (01/05)

Protein

Tyson Foods donated more than 16 million lbs. of protein--equal to 64 million meals--to fight hunger in fiscal 2021, company says; food donations last year valued at US$36M
Globe Newswire (01/06)

Wienerschnitzel announces limited-time offering of three plant-based hot dogs: Backyard Veggie Dog, Chicago Veggie Dog and Barbeque Veggie Dog; the hot dog is made with pea protein
Orange County Register (01/05)

Meat & Poultry

Euromonitor: Amid inflation, consumer shopping behaviors are shifting and changing outlook for Canadian grocery retailers; consumers are seeking private-label products, are less loyal to grocery brands and altering purchase habits of food items like meat
Euromonitor International Ltd. (01/06)

Fitch: With UK agricultural group launching 'We Eat Balanced' campaign in January, this aligns with 2022 view that conventional meat companies/associations will look to highlight their eco-credentials, nutritional advantage over plant-based alternatives
Fitch Solutions Sector Intelligence (01/05)

Cold Cuts/Processed Meats

Hormel Foods donates more than 93,000 lbs. of spiral ham in Kentucky and Texas through Convoy of Hope, a nonprofit organization that aims to feed the world through initiatives for children, community outreach events and disaster-response efforts
PR Newswire (01/05)

Hogs/Pork

JBS completes its US$128.1M acquisition of Australian pork processor Rivalea; the deal was cleared in early December by the Australian Competition and Consumer Commission
MarketLine (01/04)

Fast-food prices continue to rise as costs for staple ingredients like chicken breasts, eggs and pork skyrocket, industry officials say
Business Insider (01/04)

Fish/Seafood

McDonald's announces limited-time return of its 2 For US$6 Mix & Match Deal, featuring any two of the following menu items for US$6: Big Mac, Quarter Pounder with Cheese, 10-piece Chicken Nuggets or Filet-O-Fish sandwich
Chew Boom (01/06)

Verso to pay US$244,000 civil penalty to settle fish kill originating at its pulp/paper mill in Escanaba, Michigan; regulators say pipe failure discharged wastewater, black liquor into Escanaba River in August 2020, killing fish across three-mile area
Associated Press (01/06)

Meat Alternatives

Commentary: Chipotle's decision to ignore Beyond Meat and Impossible Foods' fake meat in favor of creating its own vegan chorizo is brilliant; move differentiates Chipotle from standard fare, as fast food/fast casual chains are becoming increasingly alike
Business Insider (01/06)

Aldi launches full range of plant-based breakfast, lunch and dinner products in the UK; items include Vegan Croissants, Vegan Choc Chip Brioche Rolls and meat-free hot dogs
Macclesfield Express (01/04)

Eggs

Dunkin' launches new seasonal winter menu, with items including Winter Blend Coffee, Brown Sugar Oat Iced Latte, Omelet Bites, Chive & Onion Stuffed Bagel Minis, and a Stroopwafel Donut
Business Wire (01/05)

Dairy Products/ Dairy Alternatives

Danone North America's Silk brand announces US offering of new Silk Extra Creamy Almondmilk
PR Newswire (01/05)

US expected to see record dairy product consumption this year, with fluid milk sales in retail surpassing pre-pandemic levels and whole milk sales up 2.2% for the 52 weeks that ended July 11, according to IRI data
Food Business News (01/04)

Milk/Milk Alternatives

LactaLogics, a company focused on human milk-based nutrition for premature infants, announces partnership with Scholle IPN for pharmaceutical-grade packaging; the shelf-stable products for use at NICUs will be available in aseptic pouches and cartons
PRWeb (01/06)

Peet's Coffee announces launch of new winter menu; items include Churro Latte, Churro Caramel Macchiato and the plant-based Cold Brew with Sweet Cinnamon Oat Foam
PR Newswire (01/04)

Coffee

Starbucks Korea consumers expressing concern that coffee chain will increase caffeinated beverage prices for the first time in eight years as the price of coffee beans reaches its highest level since 2012
Korea Times (01/06)

Costa Rica's coffee exports rise 12.5% year-on-year in December, according to the country's Coffee Institute; foreign coffee sales total 47,041 60-kg bags, compared to 41,825 bags in year-ago period
Reuters (01/05)

Sugars/Honey/Sweeteners

Israeli government raises tax on every liter of sugary drink by US$0.32 as it looks to encourage a healthy lifestyle in the country
The Times of Israel (01/05)

Packaged Foods

Fitch: Consumer spending growth on packet foods in South Korea to be positive in coming years despite new labeling regulation, driven by long working hours and shrinking households; 2022 household spending on packet foods expected to grow 2.0% to US$3.1B
Fitch Solutions Sector Intelligence (01/06)

Maple Leaf Foods announces appointment of Adam Grogan as president of Greenleaf Foods, MLF's plant-based protein subsidiary
Maple Leaf Foods Inc. (01/06)

Non-Alcoholic Beverages

Coca-Cola announces appointment of Reenav Modi as head of media for South Africa; Modi previously worked for more than three years at Mediacom South Africa
Adgully (01/06)

Primo Water acquires Belgian water solutions distributor Sip-Well for undisclosed amount, as company looks to strengthen its presence in western and central Europe
SeeNews (01/06)

Alcoholic Beverages

Anheuser-Busch terminates its partnership with Canadian cannabis company Tilray; the partnership, which began in late 2018, ended in mid-2021, says Tilray CEO Irwin Simon, adding that the termination was mutual
MarketLine (01/06)

Constellation Brands partnering with Coca-Cola to bring the Fresca brand into beverage alcohol through the manufacturing, marketing, distribution and launch of Fresca Mixed, a new line of spirit-based, ready-to-drink cocktails
Globe Newswire (01/06)

 Tobacco & Cannabis

Cannabidiol (CBD)/Cannabigerol (CBG)

Flora Growth launches its Mind Naturals CBD skin-care brand online at Walmart.com and Coppel, a nationwide department store in Mexico; launch includes 12 products, available initially on e-commerce with plans to sell in brick-and-mortar retail locations
Business Wire (01/05)

Tobacco, Cannabis & Derivatives

Montana's first weekend of recreational marijuana sales surpasses US$1.5M, according to state Dept. of Revenue; program places a 20% sales tax on medical marijuana
Associated Press (01/06)

Canopy Growth releases ESG Report for the calendar year 2020, along with some details on 2021 activities; company hired first VP of Diversity Equity & Inclusion in 2021
PR Newswire (01/05)

 Stock

Latest: Jan, 06 2022

Latest Value Prev Chg YOY Chg
Watchlist
Archer Daniels Midland (ADM) 69.22 68.61 0.89% 30.85%
CHS Inc (CHSCP) 30.92 30.78 0.45% 5.06%
Farmland Partners (FPI) 11.86 11.86 0.00% 32.51%
Fresh Del Monte Produce (FDP) 28.59 28.63 -0.14% 10.94%
JBS SA (JBSS3) :BVMF 36.16 36.24 -0.22% 52.25%
SAMPLE REPORT