Author: Dipti Barve

Initially, the development work is anticipated to progress in Washington, Oregon, California and Arizona, before expanding nationwide across the United States. Canada based MustGrow Biologics Corp. has announced the signing of a Contract Services Agreement (the “Agreement”) with Oregon-based Bio Ag Product Strategies to develop and commercialize MustGrow’s soil amendment and biofertility technologies, including TerraSanteTM. The Agreement is a non-exclusive contract, leaving MustGrow the ability to seek commercial collaborations and funding partnerships. MustGrow recently outlined its soil amendment (“Soil Amendment) and biofertility (“Biofertility”) development programs, and working with Bio Ag Product Strategies to develop and commercialize these technologies demonstrates the…

By the end of 2025, YaraVita’s capacity will be doubled when the facility is operational. Yara International announced that it will build a new global production plant for specialty crop nutrition products and biostimulants designed to increase yields and improve quality. The plant will be one of the largest in the world for these products, which are crucial for achieving food security and combating climate change. The new plant will allow Yara to increase its footprint in this specialty crop nutrition business, one of the fastest growing markets in agriculture. Sales of YaraVita specialty crop nutrition products and biostimulants have…

It is anticipated that full integration between xarvio FIELD MANAGER and Kubota’s KSAS platform will be commercially available in Japan from spring 2024. BASF, Kubota and ZEN-NOH will collaborate to help improve and optimize rice production in Japan. The collaboration consists of two phases, beginning with the integration of BASF’s advanced xarvio® FIELD MANAGER crop optimization platform with Kubota’s state-of-the art KSAS operating platform to assess operability. By connecting xarvio FIELD MANAGER with Kubota’s powerful KSAS farming and service support system, the seamless transfer and use of xarvio FIELD MANAGER’s variable application maps for fertilization by KSAS compatible rice transplanters…

This investment strengthens the portfolio of Yara Growth Ventures in smart farming equipment, for improved sustainability in agriculture. Oslo based Yara Growth Ventures invests in Ecorobotix, who develops smart, innovative, and sustainable solutions for agriculture. Their ARA smart spraying system allows for a reduction of chemical crop inputs like herbicides by 70-95 per cent. Such drastic savings significantly benefit growers by reducing input costs, whilst improving the environmental footprint of modern farming. The Switzerland based scale-up company was founded in 2011 by Aurelien Demaurex and Steve Tanner. The current USD 52 million (CHF 46 million) funding round is jointly led…

Under four-year safe trade project, researchers will develop and refine a fit-for-purpose ‘toolkit’ that can be used to improve state-level decision-making about biosecurity risks. CSIRO will lead four-year safe trade project, thanks to funding from Hort Innovation, on pest and disease management measures for inter-state trade. It will develop a toolkit to improve decision making on biosecurity risk, working closely with Australia’s domestic biosecurity regulators across all states and territories. While Australian produce is renowned for having stringent biosecurity practices along all stages of the production and supply chains, State and Territories have differing phytosanitary, or pest and disease management,…

 Tepbac will use funding to  scale its suite of technologies – known to reduce risk, simplify farming operations, and save costs – enabling better farming decision-making and quality of life. Founded by Phong Tran, whose family has farmed shrimp for over 25 years, Tepbac began as a media company and has grown into one of the leading aquaculture news websites globally. Now, with investment from the Netherlands-based global aquaculture investment fund Aqua-Spark*, global agrifoodtech VC AgFunder, and Vietnam-focused VC fund Son Tech Investment, the company is focused on digitising shrimp farming. Its mission is to help shrimp farmers improve performance,…

Stamicarbon will deliver the Process Design Package and the proprietary Safurex® high-pressure equipment and associated services for the urea melt and prilling plant. Netherlands based Stamicarbon, the innovation and license company of MAIRE Group, has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China. This will be the largest Stamicarbon Ultra-Low Energy plant with a design capacity of 3850 MTPD and already the seventh plant based on this innovative design. Stamicarbon will deliver the Process Design Package and the proprietary Safurex® high-pressure equipment and associated services for the urea…

Origin expects that this deal will add $8 million to revenue in 2023 increasing to $55 million in 2024. Origin Agritech Ltd. , announced that its majority owned joint venture has signed a deal with Shihezi city in Xinjiang, under which the JV will be granted 200,000 mu (roughly 33,000 acre) of farm land for growing NEC corn. Origin’s minority partner in the JV is a regional farming and feedstock company. The JV partner is responsible for financing, both with its own funds and with bank financing, the contract growing of NEC corn and for the construction of a grain…

Sales declined by 13.4 per cent in the first quarter of 2023 to €19,991 million (Q1 2022: €23,083 million). Germany based BASF has released preliminary figures for the first quarter of 2023. Sales declined by 13.4 per cent in the first quarter of 2023 to €19,991 million (Q1 2022: €23,083 million). This was mainly driven by considerably lower volumes. Sales were considerably lower than average analyst estimates for the first quarter of 2023 (Vara: €21,819 million). EBIT before special items of BASF Group amounted to an expected €1,931 million in the first quarter of 2023, a decline of 31.5 per…

  Wakao Foods is entering the Singaporean market with Seven plant-based products. Wakao Foods, a leading plant-based food brand, is pleased to announce its foray into the Singaporean market. The company will launch seven popular products, including Butter Jack, BBQ jack, Raw Jack, Continental Burger Patty, Jack Supreme Burger Patty, Hot & Spicy Sausages, and American Herbs Sausages, in the Singapore market. These products will be available at retail stores such as Everyday Vegan Grocer and HoReCa and online on popular e-commerce platforms such as Shopee, Lazada, Amazon Singapore, and Redmart. In addition to retail stores and e-commerce platforms, Palate Sensations,…