Author: Hithaishi CB

By Chuck Magro, Chief Executive Officer, Corteva Corteva delivered a solid start to 2023, reflecting focused execution coupled with continueddemand for our innovative technology solutions. Our strategic actions to focus our portfolio inareas where we deliver differentiated value to customers are translating into accelerated growth innew product sales, continued margin expansion, and higher quality earnings. Ag fundamentals remain constructive as tight global grain supply continues to put pressure onending stocks, keeping crop prices above historical averages and farm income levels healthy. Wealso see customer buying behaviors beginning to normalize as supply chain reliability improves. We are on track to deliver…

“Investment in global hubs to improve supply security, cost position and sustainability profile with Annual cost savings of €200 million from 2025 onwards”, explains Johann-Caspar Gammelin, President of Evonik’s Nutrition & Care division. At Evonik we are transforming the operating model of its Animal Nutrition business to further increase its customer focus, ensure competitiveness and enable further profitable growth. Moving forward, the amino acids business and the specialty nutrition business will operate separately and according to different models – in line with their respective requirements and market conditions. Additionally, Evonik is optimizing the production setup for the manufacture of MetAMINO®…

JACA aims to form policy recommendations about cultivated meat Japan Association for Cellular Agriculture (JACA), a Japan-based non-profit research institute hosted the inaugural meeting in Tokyo to promote and foster the domestic cultivated food industry. JACA aims to form policy recommendations about cultivated meat, contributing to key issues in Japan such as food security and sustainability. JACA convened around 150 stakeholders from the Japanese Parliament, government officials from Japan and abroad, industry associations, member companies, and academia to build a consensus on necessary measures on food safety requirements for cultivated food. The consortium also discussed measures to protect Japanese farmers’…

Kelvin Tio, Managing Director at Indonesia’s Asian Agri, explains Vietnam’s Asian Agri 2030 (AA2030) commitments and contribution to United Nations Sustainable Development Goals (UN SDGs) With the growing impact of climate change, Asian Agri acknowledges our responsibility of ensuring the transparency of our business. Throughout our history, apart from focusing our attention on environmental aspects, we have always placed social and economic development at the heart of our business. We are committed to performing the sustainable transformation of our industry, providing opportunities for our people and surrounding communities. Indonesia has made great strides in cementing its role as a key…

Australia-United Kingdom Free Trade Agreement (A-UK FTA) Australian producers, agricultural importers and exporters have exciting prospects for trade opportunities with the Australia-United Kingdom Free Trade Agreement (A-UK FTA) effective from 31 May 2023. Within 10 years, tariffs on agricultural goods under the FTA will be completely eliminated. With the elimination of tariffs on 99% of Australian goods exported to the United Kingdom, including Australian farm exports, Australian producers and agricultural exporters will have the best access to the UK since the 1970s. The deal includes the immediate elimination of all tariffs on wine, the majority of seafood (including tariffs on…

USDA aims to expand bilateral trade relationships in the agricultural trade mission to Japan, June 5-8 U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead the trade mission. The delegation includes a robust representation of the U.S. agriculture sector, including businesses, state departments of agriculture, and commodity groups. “As one of the world’s leading economies, Japan is a significant market for U.S. food and agriculture exports. It is an incredible honor to lead this delegation as we work to expand our bilateral trade relationship even further. The diverse set of businesses in…

Heilongjiang Institute and Qingdao Guoxin Blue Silicon Valley Development Co., Ltd. jointly signed a salmon and trout strategic cooperation agreement China’s Heilongjiang Institute and Qingdao Guoxin Blue Silicon Valley Development Co., Ltd. signed a strategic cooperation agreement on May 27 on salmon and trout. In Qingdao Haitian Center, an exclusive forum on the development of large-scale farming ships of high quality was held. The “Strategic Cooperation Framework Agreement for the High-quality Development of the Salmon and Trout Industry” deal is singed by Wang Yumei and Zhao Yu on behalf of Heilongjiang Institute of the Chinese Academy of Water Sciences and…

Vietnam’s rubber exports to South Korea account for a total market value of $18,92 million, ranking fourth after Thailand, Indonesia, and China as the top exporters. Recent statistics from the General Department of Customs indicate that, as of the first quarter of 2023, Vietnamese rubber exports to South Korea totaled 12,470 tonnes at a market value of $18.92 million. This marks an uptick of 5.6 % in volume but a downtick of 15% in value year-on-year. Vietnam’s natural rubber is the primary product exported to South Korea. Particularly, SVR 10 accounted for the largest portion of the total exported rubber,…

China Seed Congress 2023 and Nanfan Agricultural Silicon Valley Forum push for revitalization of seed industry The 2023 China Seed Congress and Nanfan Agricultural Silicon Valley Forum convened more than 3,000 domestic and international members and industry players to articulate proposals for the revitalization of the Chinese seed industry and the further development of Nanfan Agricultural Silicon Valley. The members analyzed the development of the seed industry in China, outlined strategies for business growth, and exchanged valuable points of view on the revitalization of the sector. Various experts and scholars proposed effective methodologies to identify emerging trends and challenges in the current…

Aims to increase the growth of agarwood by accelerating the yield Hong Kong’s Agroforestry Group has announced the expansion of its Aquilaria programme through collaboration with a Malaysian research and development company. The collaboration is driven by renowned scientific advisor Dr Baharuddin Salleh and includes Aquilaria inoculation and post-inoculation product development. In terms of inoculation, it is aimed specifically at increasing the success, speed and yield of agarwood in inoculated trees. Each stage in the inoculation process requires a different mixture of compounds. Agroforestry Group invests heavily in finding an optimal balance between performance enhancement and cost minimization. Established in…