1.Howard Buffett will invest $500m into a country-wide irrigation project and an agri training institute in Rwanda through his Sequoia Farm Foundation.
2. Food & agriculture was one of the top 10 industry sectors for the first time attracting Chinese overseas M&A investment in 2014, according to a recent report from KPMG.
3. The private equity arm of Cargill has closed two funds: Black River Agriculture Fund 2 on $587m and Black River Food Fund 2 on $700m.
4. The €167 billion Dutch pension fund PGGM has committed between €50 million and €100 million to Black River Food Fund 2, a private equity fund managed by the PE subsidiary of US agribusiness Cargill.
5. To “maximize efficiencies and meet growing demand for its products,” Tyson Foods has announced it will spend $110m to make “major improvements” to its Vienna, Georgia, chicken processing plant.
6. The US Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), the Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) are hosting a public meeting next month to update stakeholders on work to improve foodborne illness source attribution estimates for major pathogens.
7. USDA announced $30 million in funding today for 22 projects to help citrus producers combat Huanglongbing (HLB), also known as citrus greening, a devastating citrus disease that threatens U.S. citrus production.
2. Food & agriculture was one of the top 10 industry sectors for the first time attracting Chinese overseas M&A investment in 2014, according to a recent report from KPMG.
3. The private equity arm of Cargill has closed two funds: Black River Agriculture Fund 2 on $587m and Black River Food Fund 2 on $700m.
4. The €167 billion Dutch pension fund PGGM has committed between €50 million and €100 million to Black River Food Fund 2, a private equity fund managed by the PE subsidiary of US agribusiness Cargill.
5. To “maximize efficiencies and meet growing demand for its products,” Tyson Foods has announced it will spend $110m to make “major improvements” to its Vienna, Georgia, chicken processing plant.
6. The US Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), the Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) are hosting a public meeting next month to update stakeholders on work to improve foodborne illness source attribution estimates for major pathogens.
7. USDA announced $30 million in funding today for 22 projects to help citrus producers combat Huanglongbing (HLB), also known as citrus greening, a devastating citrus disease that threatens U.S. citrus production.
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