Technology
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BASF to run agricultural unit as separate business
The European multinational company is granting more autonomy for select businesses to free up cash flow and improve profitability, but there are no plans to sell them.
By Nathan Owens • Dec. 8, 2023 -
Schnucks is giving grocery shoppers an express lane to local produce
Following a successful pilot, the Midwestern grocer plans to expand its use of tracking technology to digitally alert customers when freshly picked foods arrive in stores.
By Sam Silverstein • Dec. 8, 2023 -
Tyson’s insect bet will spur further adoption in the space, IFT member says
Protein producers adopting bugs for use in animal feed provides a lower barrier for entry, potentially making it easier to introduce insects into consumer diets, experts say.
By Chris Casey • Dec. 5, 2023 -
Retrieved from Aigen on December 04, 2023Deep Dive
Agtech funding is rebounding. Which startups attract investors?
Venture capital firms are moving away from vertical farming and plant-based foods, instead seeing new opportunities in artificial intelligence and alternative fertilizers.
By David Silverberg • Dec. 4, 2023 -
Opinion
Making agtech smarter needs to be a COP28 priority
To accelerate climate action, a broad coalition of stakeholders must come together to advance agricultural innovation and find more efficient production methods.
By Wendy Gonzalez • Dec. 1, 2023 -
Tyson debuts $300M highly automated chicken plant
The Virginia facility is one of the food giant's most technologically advanced, and is expected to churn out 4 million pounds of protein a week.
By Sarah Zimmerman • Nov. 30, 2023 -
Deere must face ‘right-to-repair’ lawsuits, court rules
A federal judge denied the tractor maker’s motion to dismiss claims that it “monopolizes” repair services to pad profits.
By Nathan Owens • Nov. 29, 2023 -
Retrieved from Alyssa Whitcraft via Arizona State University on November 27, 2023
NASA is helping Hawai’i farmers grow more food with AI
Through the use of machine learning and satellite technology, researchers are working with Maui farmers to address food security and rebuild the island’s agriculture sector with a focus on local tradition.
By Lauren Liebhaber • Nov. 28, 2023 -
Deere braces for sharp drop in tractor demand, despite profitable year
Adverse conditions in the U.S., Europe and South America are expected to weigh on demand for heavy equipment by as much as 20%.
By Nathan Owens • Nov. 27, 2023 -
Cultivated meat labeling puzzle could bring legal headaches
Though regulators came to a consensus on what to call the namesake product in 2022, continuing debates over package labeling rules could still create headwinds for players in the space.
By Elizabeth Flood • Nov. 27, 2023 -
Nutrien acquires soybean breeder as demand for biofuels intensifies
The deal will expand the company’s line of row crop products sold throughout the South as burgeoning renewable energy markets take shape.
By Nathan Owens • Nov. 20, 2023 -
Retrieved from University of Florida on November 16, 2023
An AI taste ‘connoisseur’ could be the future of crop breeding
Researchers at the University of Florida are using artificial intelligence to determine which chemical compounds produce the best fruit flavors based on consumer preferences.
By Tasmiha Khan and Iman Adem • Nov. 20, 2023 -
CNH Industrial begins job cuts as weak market factors loom
The agricultural machinery company is trimming workforce costs after a “disappointing quarter” affected by low demand for tractors and combines, the CEO said.
By Nathan Owens • Nov. 17, 2023 -
Nutrien partners with agtech startup on a more sustainable fertilizer
CoteX and the manufacturing giant will explore market opportunities for a controlled-release nitrogen fertilizer that minimizes environmental impact, yet is suitable for large acreage crops.
By Sarah Zimmerman • Nov. 17, 2023 -
Agco launches venture fund to expand precision agricultural capabilities
The machinery giant also announced the acquisition of additional software assets, which add to a pending joint venture agreement with tech company Trimble.
By Nathan Owens • Nov. 16, 2023 -
Deep Dive
The food industry is all in on regenerative agriculture. Can farmers be convinced?
Companies are racing to capitalize on a burgeoning industry focused on reducing emissions in agriculture. But first, they'll have to prove it's profitable to go green.
By Miranda Lipton • Nov. 15, 2023 -
Tight cold storage supply gives food suppliers frostbite
Construction is booming, but it may not be enough to meet rapidly rising demand for warehouse space.
By Erin X. Wong • Nov. 14, 2023 -
Fertilizer companies optimistic for demand rebound as profit slumps continue
CF Industries, Mosaic and Nutrien improved sales volumes during the third quarter, a bright spot for executives as low prices continue to muck up their earnings.
By Nathan Owens • Nov. 13, 2023 -
Opinion
The fresh produce industry is more volatile than ever. Can tech help?
Improved data and collaboration will be key to bringing fruits and vegetables supply chains into the 21st century.
By Patrick McCullough • Nov. 10, 2023 -
Innovation, venture capital can support agriculture’s sustainability goals: report
Efforts like feed additives for cattle and implementing solar panels on farms can help producers decrease their carbon footprint, Ceres said in its latest report.
By Chris Casey • Nov. 10, 2023 -
Midwest dairy co-op partners with biotech firm to upcycle co-products
A new technology is being developed by Foremost Farms and Gingko Bioworks to convert raw materials such as whey and lactose, which are often lost in wastewater, into value-added products.
By Nathan Owens • Nov. 9, 2023 -
Bayer weighs crop science breakup as part of restructuring
The agrichemical and pharmaceutical giant is looking to turn its business around following continued losses linked to waning glyphosate sales.
By Nathan Owens • Nov. 8, 2023 -
Crowded cultivated meat industry primed for ‘shakeout’
A financial advisory report predicts a challenging environment for big and small players in the space, which could lead to consolidation.
By Elizabeth Flood • Nov. 8, 2023 -
How an AI-powered robot could lend fruit farmers a helping ‘hand’
Specialty crop growers have some of the highest labor costs in agriculture, but automation remains difficult due to the delicate nature of produce.
By Lydia Noyes • Nov. 6, 2023 -
Bunge partners on blockchain tech to trace soy sustainability
The grain trader will work with one of the world's largest animal feed producers to ensure products sourced from Brazil are free from deforestation.
By Sarah Zimmerman • Nov. 3, 2023