Author: Hithaishi CB

Boosts advance research and innovation in Australian forest and wood products Australia is aiming at establishing new high-value wood products with the launch of forestry research projects. The first of four $5 million national open calls began on 17th May.The annual national open calls are open to applications from all Australian-based researchers supporting the forest and wood product industries, and is not limited to the AFWI research centres. Project applications close on 12 July, 2024. For further details on this funding scheme, including eligibility requirements, refer to the relevant Grant Guidelines and Application form template on the AFWI website.The funding…

According to Bioceres CEO Federico Trucco, the first seeds were aimed at agricultural input retailers in Argentina. The Argentine company, Bioceres Crop Solutions, has announced its first sales of HB4 transgenic wheat seed, the first time this genetically modified (GM) wheat technology has become commercially available to any interested country. The company offers four varieties of HB4 wheat in its Argentine portfolio, which are Bermejo, Paraná, Traful, and Iruya HB4. One solution would be the adoption of weather-tolerant genetically modified wheat varieties. But embracing biotechnology, particularly when it comes to a food grain like wheat, has never been simple. Despite the…

One of the singular largest loans in the bank’s decades-long history supports Thailand’s ambitious Bio-Circular-Green (BCG) strategy NatureWorks, a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, today announced the historic financial support from Krungthai Bank PCL to optimize the capital structure for the new fully-integrated Ingeo™️ PLA manufacturing facility in Thailand. The financing from Krungthai Bank, Thailand’s third largest bank, amounting to $350M USD (12,600M Baht Equivalent), is one of the singular largest loans in the bank’s decades-long history and shows confidence in NatureWorks’ market leadership and global economic impact. Today, the companies participated in a signing ceremony…

Transaction will accelerate scaling Arcadia’s wheat IP with Above’s vertically integrated, farm-to-fork supply chain Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, and Above Food Corp., an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, announced today that Above Food will purchase the GoodWheatTM brand of better-for-you wheat products from Arcadia for $4 million net. “We see this as the beginning of a partnership between Arcadia and Above Food to accelerate scaling Arcadia’s wheat IP,” said Stan Jacot, president and CEO of Arcadia. “The GoodWheat brand fits…

FarmRaise delivers software and educational resources that enable farmers to master their farm funding FarmRaise launched its novel product aimed at transforming the administration of farmer-facing programs, including financial incentives and sustainability programs. This innovative solution marks a significant step forward in empowering farmers and institutions alike with user-friendly tools. FarmRaise delivers software and educational resources that enable farmers to master their farm funding. With a deep commitment to simplifying farm-specific administrative tasks, FarmRaise develops solutions that are simpler and more impactful than existing small business management systems. “At FarmRaise, we are dedicated to equipping farmers with the tools they need…

Research Shows New Process Doubles Precision Fermentation Yields and Decreases Production Time A new research with innovative technology from Chicago-based Hydrosome Labs is poised to solve multiple problems faced in precision fermentation, a process that involves the customization of yeast and/or bacteria to produce specific molecules for use in a wide variety of applications including food, ingredients, biofuels, industrial enzymes, and pharmaceuticals. This new technology also has the potential to help solve a global industry bottleneck in fermentation capacity and equipment, allowing for the production of dramatically higher yields in the same size or previously unsuitable tanks. The breakthrough comes…

Gavin Jackson to retire from his position after leading the BASF team for eight years and having a rich experience of over 30 years in the industry Parvana Wali, Head of Rotational Crop, Asia Pacific, will take over as Head of Agricultural Solutions of BASF Australia and New Zealand, as of 1 July 2024. She will succeed Gavin Jackson who will be retiring from his position on 30 June 2024 but will stay on to 30 September 2024 to support the handover. Gavin is widely regarded in the Australian agriculture industry with over 30 years of experience, having started his…

Frontier Commodities (Frontier), an innovative absolute return commodity strategy, announced its launch. Frontier’s strategy for professional investors focuses on long/short investments in metals, energy, agricultural and environmental commodities. Frontier takes a unique approach to commodity investing, employing a “quantitative” trading style that combines compelling fundamental analysis with advanced systematics and risk management. Frontier uses a proprietary, AI-powered database and algorithms as well as a deep, established network of commodity experts to make its investment decisions. Frontier is led by Aline Carnizelo, Managing Partner, supported by an experienced in-house team. Carnizelo has 18 years of experience in cross-asset investing, including derivatives…

New technology center will develop industry-ready alternatives to meat, dairy, seafood and egg GEA has begun construction of its technology center for alternative proteins in Janesville, WI (USA). Scheduled to open in 2025, the center will scale up the production of novel plant-based, microbial, and cell-based foods. Here, GEA aims to support manufacturers in meeting the demand for complementary proteins and ingredients to traditional animal-based products. “This investment underscores our commitment to innovation and sustainability in the food industry,” said Arpad Csay, who leads GEA’s new food activities in North America, at the groundbreaking ceremony on May 8, 2024. The…

SlurryForSoil’s new concentrated formula will lower costs for dairy farmers while reducing the product’s carbon footprint The new formulation is four times more concentrated, giving users the same performance at a fraction of the cost while also reducing the packaging required, and lowering the weight. It will be launched at Dairy Tech on 7th February 2024 at Stoneleigh Park in Warwickshire. “The new formulation has enabled us to reduce the cost of production and we’re passing that saving onto our customers,” explains Sylgen Animal Health Director, Romney Jackson. “Farmers will save 37% per treatment. Which, when combined with the reduced…