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Evonik says it will focus on its Precision Livestock Farming program and the ways it can support poultry production at VIV Europe 2022 in Utrecht, Netherlands

Cargill’s stevia sustainability program benchmarked at Silver Level by SAI Platform’s Farm Sustainability Assessment 3.0, becoming the first stevia producer to have its entire grower network achieve this distinction

National Fish & Wildlife Foundation, ADM and USDA announce US$2.6M in grant awards to help farmers plant cover crops across Illinois, Indiana, Iowa, Kansas, Michigan and Minnesota

Royal DSM and World Food Programme agree to extend their partnership and scale up rice fortification worldwide for an additional three years

Cadiz to participate at the B. Riley Securities 22nd Annual Institutional Conference on May 25 and 26 in Beverly Hills, California

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An example of a few headlines sent to our customers on May, 03 2022
Agriculture Industry

powered by Industry Intelligence, Inc.

May 03, 2022

Industry Roundup

Corn/Maize

Chicago Board of Trade soybean futures fall to a more than three-week low on May 2, pressured by lower oil and a delay in US corn planting, which some analysts say could push farmers to plant more soybeans
Reuters (05/02)

Colombia-based Mahíz Biopack, a producer of 100% corn-based bags, wins Caracol TV award for environmental protection; objective of brand is to provide a flexible packaging alternative with a lower environmental impact
CE Noticias Financieras (05/02)

Grains

Russian forces have stolen 'several hundred thousand tonnes' of grain in the areas of Ukraine they occupy, says Ukraine's deputy agriculture minister
Jerusalem Post (05/02)

Oats

Fazer launches new bread and bun products for the summer; products include Oululainen Reissumies Tosi Tumma Oat bread, lactose-free Fazer Skogaholm Loaf and Oululainen Pullava heart buns
M-Brain Nordic News (04/29)

Oils

Economist Intelligence Unit lowers global palm oil consumption forecast for 2021/2022 season to 76.8 million tonnes, slightly higher than last season; movement away from palm oil due to high price will be limited given unavailability of sunflowerseed oil
World Commodity Forecasts (04/29)

Palm/Palm Oil

GlobalData: Indonesia's ban on palm oil exports to cause health and beauty price hikes, prompt consumers to trade down to cheaper options; ban to also affect those that have already shifted from palm oil, as cost rises for other oils used in moisturizing
GlobalData Plc (05/02)

Soybeans/Soybean Meal

Commentary: Record US corn and soybean export sales for 2023 despite near-record prices signal demand will remain strong into next year; trend likely reflects concerns from top buyers like China that global supplies may run tight for at least another year
Reuters (04/29)

Soybean oil returns to an all-time high of US$1,997.35/ton on the Chicago Board of Trade on April 28 after another jump in its values, in a day in which an improvement in the sowing forecast in the US caused the price of the soybeans to fail
CE Noticias Financieras (04/29)

Wheat

Chicago Board of Trade wheat futures fall on April 29, led by contracts for the hard red winter grain, after rains in US plains growing areas provide a much-needed boost to soil moisture, traders say
Reuters (04/29)

Animal Farming/ Meat Production

Small poultry flock in British Columbia's Kootenay region tests positive for bird flu, the third known outbreak in the province
Canadian Press (04/29)

New Zealand pine-forest proposals have big implications for land-use; ministers want pine trees excluded as permanent forests, which would disadvantage iwi and livestock farmers with steep erodible land for which permanent pine forests offer solutions
Posts from Keith Woodford (04/29)

Dairy Farming

Coca-Cola's Fairlife brand agrees to step up animal welfare oversight at supplier farms as part of a US$21M agreement to settle a series of lawsuits filed in the wake of allegations of animal abuse at former ‘flagship’ milk supplier Fair Oaks Farms
FoodNavigator-USA.com (05/02)

Regenerative Agriculture

Nestle UK and Ireland and sustainability consultancy 3Keel develop the Landscape Enterprise Networks model, which aims to connect groups of buyers of nature-based solutions such as habitat restoration and regenerative farming methods
Nestle SA (04/29)

Soil Health/Soil Management

First stage of Union County, Oregon, forest management project at Mount Emily Recreation Area concludes; project aims to improve forest health, limit wildfire risk, generate logging revenue, but recreational users complain of trail and soil damage
The Observer (05/02)

Agricultural Applications

Evonik resumes operations at Mepron production plant in Mobile, Alabama; Mepron is based on essential amino acid DL-methionine, used in dairy cow feed to enhance herd health, reduce CO2 emissions and nitrogen excretion, company says
Evonik Industries AG (04/29)

Agricultural Chemicals

Commentary: Fertilizer makers set for biggest quarterly profits in years after supply squeeze of essential crop nutrients amid Russia-Ukraine crisis; Morningstar says high fertilizer prices may eventually be partially offset by soaring natural gas prices
International Business Times (05/02)

Researchers at Pakistan's University of Agriculture explore potential of TiO2-based methods for pesticide remediation; research aims to address pesticide accumulation and wastewater treatment
Middle East Daily (04/29)

Plant Extracts/Plant-Based

Miami-based brand L'amore Beauty launches skin-care line using organic aloe vera as primary ingredient for deeper penetration into skin; five-step system includes cleanser, glycolic acid toning solution, face serum, peptide eye serum, face and neck cream
Globe Newswire (05/02)

SK Capital announces acquisition of Florachem Holdings; company manufactures plant-based ingredients including citrus, pine and specialty rosin resins for end markets including flavor and fragrance, personal care, industrial, coatings, adhesives
Business Wire (05/02)

Agricultural Products & Raw Foods

Brazilian fresh fruit exports total 250,000 tons in Q1, up 2% from year-ago period, according to data from the Brazilian Assn. of Producers and Exporters of Fruits and Derivatives; revenue stable at US$196M
Fresh Plaza (05/02)

 Food & Beverage

Fresh Produce

Aldi's US customer visits up over 30% year-over-year from April - August 2021 as higher grocery prices push customers towards deals; Aldi had lower prices than Walmart in most categories, including produce, pantry staples, eggs, especially meat: Placer.ai
Business Insider (05/02)

Meat & Poultry

US Roundtable for Sustainable Beef announces new sustainability goals for nation’s beef supply chain; goals aim to identify and supplement sustainability practices and set new objectives to help bring most sustainable beef products to market
The Nature Conservancy (05/02)

Pork producers in China report highest quarterly pork production figures in more than three years in Q1, reflecting a boost in breeding following the sharp decline that resulted from the African swine fever outbreak in 2018 and 2019
Farmer's Weekly (04/29)

Fish/Seafood

Bumble Bee Seafood partnering with Dole Packaged Foods that aims to further its commitment to provide nutrition access and education in underserved areas of the country
Business Wire (05/02)

Meat Alternatives

Seventy-seven percent of US adults say they can be convinced to buy meat alternatives, with interest the highest among Gen Z consumers at 87%, survey says
Food Business News (04/29)

Eggs

Cal-Maine Foods to invest US$82M to expand its cage-free egg production capabilities at its site in Delta, Utah, as well as at a similar operation in Kentucky; work expected to commence immediately, with project completion expected by fall 2023.
The Enterprise (05/02)

Many Americans are struggling to fill their shopping baskets with weekly staples like milk, eggs and packaged foods as pandemic-triggered labor shortages and other supply chain problems prevent stores from restocking quickly and efficiently: report
Xinhua News Agency (04/29)

Dairy Products/ Dairy Alternatives

Sweden-based Arla updates packaging of its Yalla yogurt-based drinks, drinking quark and yogurt smoothie with label that can be fully peeled off to facilitate recycling; Arla estimates the change will increase plastics recycling by 300 tonnes/year
M-Brain Nordic News (05/02)

Lactalis-owned and Italy-based cheese maker Nuova Castelli announces plans to shut two factories in Ponte Buggianese and Reggio Calabria; both factories are part of Nuova Castelliâs Alival subsidiary
just-food.com (04/29)

Milk/Milk Alternatives

Lavazza announces launch of organic ready-to-drink cans of cold brew coffee in four flavors: Classic Cold Brew, Nitro Cold Brew, Cappuccino Cold Brew with Milk, and Double Shot Cold Brew with Oat Milk
PR Newswire (04/29)

Tim Hortons announces US offering of new Cinnamon Sugar Oatmilk Latte, made with non-dairy Chobani oatmilk; beverage available hot or cold
QSR Magazine (04/29)

Coffee

Huhtamaki wins Dow Packaging Innovation Awards 2021 for sundae cup, lid made of wood fibers, Nescafe Protect Proslim coffee stick made of mixed PO structure, Garnier Men Shampoo Color packaging that houses colorant, developer formula in same sachet
Huhtamäki Oyj (Huhtamaki) (05/02)

7-Eleven announces launch of a new seasonal beverage lineup for spring; beverages include Salted Caramel Coffee and the following Slurpee flavors: Brisk Blood Orange, Mango Lemonade, and vitaminwater XXX: acai-blueberry-pomegranate
PR Newswire (04/29)

Packaged Foods

McCormick announces appointment of Brendan Foley to newly created role of president and COO, effective June 1; Foley currently serves as McCormick’s president of global consumer for the Americas and Asia
Baltimore Sun (05/02)

J & J Snack Foods reports fiscal Q2 net earnings of US$3.3M, down 46% from year-ago period; net sales rise 9.9% to US$281.5M
Globe Newswire (05/02)

Non-Alcoholic Beverages

FDA releases limited quantities of metabolic nutrition formulas that were previously on hold following Abbott's recall of some powder infant formulas from its Sturgis, Michigan, facility
ENP Newswire (05/02)

Executive Perspective: Keurig Dr Pepper's 13.2% increase in packaged beverage sales spurred company's Q1 net sales growth of 6.1% and prompted a raise in its annual net sales growth forecast from mid- to high-single digits, says CEO Bob Gamgort
FoodNavigator-USA.com (05/02)

Alcoholic Beverages

Walmart leading an effort to overturn ban on Sunday alcohol sales in Arkansas cities of Rogers and Bentonville
Axios (05/02)

Guinness Nigeria reports fiscal Q3 net profit of 15.28B naira, up 731% from year-ago period, as revenue rises 39% to 159.44B naira, benefitting mainly from price increases across all brands
Naija 247 News (05/02)

 Tobacco & Cannabis

Cannabidiol (CBD)/Cannabigerol (CBG)

Evonik to showcase TEGO CBD Revitalize, a highly purified CBD ingredient, at New York Society of Cosmetic Chemists’ Suppliers' Day in New York, May 3-4; ingredient supports differentiated product claims for skin care applications, company says
Evonik Industries AG (05/02)

Tobacco, Cannabis & Derivatives

22nd Century Group says it 'expects' its low-nicotine VLN King and VLN Menthol King brands will be exempt from FDA's proposed ban on menthol flavored cigarettes; company notes it currently offers the only low-nicotine alternative cigarette on market
Winston-Salem Journal (05/02)

New Jersey's adult-use cannabis sales totaled nearly US$1.9M on opening day, April 21; regulators will continue monitoring supply to ensure medical marijuana patients still have access to product
NJBIZ (04/29)

 Stock

Latest: May, 02 2022

Latest Value Prev Chg YOY Chg
Watchlist
Archer Daniels Midland (ADM) 89.31 89.56 -0.28% 41.47%
CHS Inc (CHSCP) 31.48 31.26 0.70% 5.67%
Farmland Partners (FPI) 14.52 14.72 -1.36% 8.93%
Fresh Del Monte Produce (FDP) 25.53 26.05 -2.00% -9.47%
JBS SA (JBSS3) :BVMF 37.85 38.85 -2.57% 22.89%
SAMPLE REPORT