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An example of a few headlines sent to our customers on Nov, 01 2022
Agriculture Industry

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November 01, 2022

Industry Roundup

Grains

Grain flowing out of Ukraine at a record pace on Oct. 31 under an initiative led by the UN aimed at easing global food shortages despite Russia warning it was risky to continue after it pulled out of the pact
Reuters (10/31)

UN expresses strong support for the renewal and full implementation of the Black Sea Grain Initiative, which expires on Nov. 22; exports of grains and other food products under the initiative has surpassed 9 million tonnes
UkrInform (10/31)

Oils

Clariant completes acquisition of BASF’s US Attapulgite business assets for US$60M in cash; absorbent clays, including attapulgite, remove contaminants from edible oils
GlobeNewswire Europe (10/31)

Potatoes

McCain Foods Canada announces launch of new Regan Fries, made with potatoes that are grown using regenerative farming methods which build soil health, improve biodiversity, and enhance on-farm resilience to climate change
Canada Newswire (10/28)

Soybeans/Soybean Meal

At least 94 companies by 2021 had pledged to end deforestation in supply chains but many are not doing enough; if soybean traders implemented global zero-deforestation commitments, current levels of forest clearance in Brazil could be cut by 40%: study
ENP Newswire (10/31)

Animal Farming/ Meat Production

Bird flu detected on Mexican poultry farms in three states: Nuevo Leon, Chiapas and Baja California; the Nuevo Leon farm has 60,000 birds while the Baja California farm is a wild refuge
CE Noticias Financieras (10/31)

UK government to allow turkey, goose and duck producers to slaughter their flocks early so they can be frozen, before being defrosted and sold as chilled in the run-up to Christmas
The Grocer (10/28)

Cannabis/Hemp/Marijuana Farming

Cresco Labs to launch construction Nov. 3 on 433,000-sq.-ft. cannabis cultivation, processing, packaging and distribution campus in Ellenville, New York
Indian Real Estate News (10/31)

Nut Farming

China forecast to produce 1.4 million tonnes of walnuts during 2022-2023 agricultural year, accounting for over 50% of the world's output, according to USDA statistics; output up nearly 80% in the last decade due in part to a poverty-alleviation program
Fresh Plaza (10/28)

Soil Health/Soil Management

Sustainable Green Team subsidiary National Storm Recovery signs five-year lease agreement on 10 acres of land in Ocoee, Florida, for additional wood recycling facility; it supports SGT's new partnership with VRM Biologik to produce soil treatment products
GlobeNewswire (10/28)

Agricultural Packaging

India's Tamil Nadu Pollution Control Board plans to conduct intensive checks until end of year for effective implementation of the ban on single-use plastic, with a focus on street vendors, flower sellers, local markets, check posts, industries concerned
Hindu (India) (10/28)

Genetically Modified Organisms (GMO)/Bioengineered Foods

VTT's PlastBug project studies microbes to break down pre-treated plastic waste; researchers believe they may be able to engineer bacteria that can process plastic instead of sugar, wood as carbon sources, or to produce biodegradable plastic products
VTT Technical Research Centre of Finland (10/31)

Plant Extracts/Plant-Based

Tecnon OrbiChem explores developments in global tire sector, as automotive industry strives to implement sustainable process, practices and products to reach net-zero goal by 2050; topics include bio-butadiene, desert shrub-derived rubber, dandelion tires
Forest2Market Inc. (10/31)

Impossible Foods' patent for its plant-based hamburger will stand, according to ruling; patent challenged by Motif FoodWorks, which argued patents to Impossible should not have been given because other patents regarding meat analogs had been granted
Food Dive (10/31)

Agribusiness & Raw Foods

Ohio Dept. of Agriculture adds 139 acres to its Farmland Preservation Program; the William Rowe Farm in Highland County becomes the 27th Ohio farm to join the program this year
The Portsmouth Daily Times (10/31)

Indian government extends ban on sugar exports until the end of October 2023; restriction not applicable to sugar being exported to the US and EU
Xinhua News Agency (10/31)

South Korean government plans to expand its tariff-rate quota on food imports as country struggles to cope with inflation and the strong US dollar, nation's finance ministry says
Yonhap News Agency (10/28)

 Food & Beverage

Fresh Produce

SAVRpak joins third cohort of 1915 Studios gBETA, an accelerator program by GP and gener8tor; SAVRpak produces non-woven airlaid sachets that remove excess moisture from the air inside food containers to extend shelf life of produce, keep hot food crispy
PR Newswire (10/28)

Fresh Foods

Lidl GB unveils fresh meat trays made from a minimum 30% prevented ocean plastic produced by Bantam Materials; plastic comes from discarded water bottles found in Southeast Asia within 30 miles of a coastline or major waterway that feeds into the ocean
Packaging News (10/31)

Fruits, Vegetables & Salads

Twenty percent of UK consumers say they expect to buy less chilled foods over the coming year, while over one-third expect to add more vegetables or pulses to meals to make them go further, according to Kantar data
Princes Limited (10/31)

Meat & Poultry

Foster Farms recalls approximately 148,000 lbs. of fully cooked frozen chicken breast patty products that may be contaminated with hard pieces of plastic
Centers for Disease Control and Prevention (CDC) (10/31)

Executive Perspective: Kerry Group's Q3 volume growth broad-based across its regions, channels and markets, led by excellent performances in its snacks, beverage, meat and bakery segments, says CEO Edmond Scanlon
Food Ingredients First (10/28)

Fish/Seafood

Checkers & Rally's announces limited-time offering of new Family Movie Night Meal Deal, featuring four single sandwiches--choice of Checkerburger/Rallyburger, Spicy Chicken, Crispy Fish, Chili Dog--as well as four small fries and four small soft drinks
Chew Boom (10/31)

Cargill partnering with Skyvest to create a JV aimed at serving Ecuadorian shrimp farmers' increasing demand for high-quality shrimp feed
Pivotal Sources (India) (10/31)

Dairy Products/ Dairy Alternatives

Asda launches range of new Christmas foods; range includes Extra Special Queso de Oveja con Ajo Negro and Hidden Centre Red Leicester Bake with Chilli and Bacon Jam
Asda Stores Ltd. (10/31)

FrieslandCampina Professional signs 10-year sponsorship with the ASEAN Coffee Federation to be its founding partner and exclusive dairy milk brand; partnership will see the boddies co-develop a milk science module
PR Newswire (10/31)

Milk/Milk Alternatives

DSM unveils DelvoONE portfolio of all-in-one cultures for fermented milk products; portfolio includes five cultures to promote taste, texture and health benefits for dairy products
NuFFooDS Spectrum (India) (10/31)

Coffee

China-based Tuobo Packaging says it not only offers the most competitive prices on the market for paper coffee cups but also sells custom coffee paper cups manufactured with the highest quality materials
M2 PressWIRE (10/31)

Smile Compostable Solutions wins compostability category for US Plastics Pact Sustainable Packaging Innovation Award; the pods are a sustainable solution for PP coffee pods, especially where there is limited recycling available and food contact is present
PR Newswire (10/31)

Packaged Foods

Candy prices in the US up 13% year-over-year in September, according to data from Bureau of Labor Statistics; candy prices up 2% between August and September
Business Insider (10/31)

Nestle Lanka reports Q3 net earnings of 3.1B rupees, up from year-ago earnings of 1.5B rupees, amid growth in top line as a result of price increases; revenue rises 87.5% to 21.3B rupees
Sri Lanka Daily Mirror (10/31)

Non-Alcoholic Beverages

Class action lawsuit filed against Nestle accusing company of falsely advertising that Ovaltine is a good source of vitamins and minerals and contains no artificial ingredients
Legal Newsline (10/31)

Executive Perspective: Keurig Dr Pepper's cold beverages portfolio continues to perform exceptionally well, with strong in-market execution and increased marketing investment, says CEO Ozan Dokmecioglu
FoodBev Media (10/31)

Alcoholic Beverages

Bacardi announces launch of Legacy, the company's first made-in-India whiskey, created from a blend of Indian and Scottish malts with Indian grains; the beverage will retail 'in the mid-premium range'
just-drinks.com (10/31)

Campari Group to acquire 70% stake in Wilderness Trail--a bourbon and rye whiskey producer in Danville, Kentucky--for US$420M; as part of the agreement, Campari will acquire the remaining 30% in 2031, valuing complete ownership at US$600M
Associated Press (10/31)

 Tobacco & Cannabis

Tobacco, Cannabis & Derivatives

Canadian cannabis retail sales projected to reach C$4.5B in 2022, up from C$3.8B in 2021; however, sales growth shows signs of slowing, reducing 2030 market size estimates to C$10.1B from C$11.2B, analysts say
Cantech Letter (10/31)

New Jersey regulators approve group of 18 recreational marijuana licenses to companies that were not previously growing, selling cannabis
Philadelphia Inquirer (10/28)

 Stock

Latest: Oct, 31 2022

Latest Value Prev Chg YOY Chg
Watchlist
Archer Daniels Midland (ADM) 96.98 94.88 2.21% 50.97%
CHS Inc (CHSCP) 27.11 27.30 -0.70% -11.41%
Farmland Partners (FPI) 14.01 14.21 -1.41% 24.64%
Fresh Del Monte Produce (FDP) 26.08 26.27 -0.72% -22.13%
JBS SA (JBSS3) :BVMF 25.79 24.93 3.45% -31.19%
SAMPLE REPORT