Thursday, 30 July 2015

Global Agriculture, Food & Nutrition news - 30July'15 !

1. Researchers at Queen’s University Belfast have made a breakthrough discovery in lowering levels of arsenic in rice.

2. The Food Safety and Inspection Service (FSIS) and the Food and Drug Administration (FDA) are two of the services to receive funding in the FY2016 Agriculture Appropriations Bill in Washington, US.

3. Over 100 more protected names for British food, more research for food innovation and less red tape will boost exports and give a £7 billion injection to the British food industry.

4. Nestlé has opened a $50m research and development centre in Solon, Ohio, for new product development for its global frozen and chilled food business.

5. PepsiCo and Starbucks are partnering to distribute RTD coffee and energy drinks from Starbucks in Latin America, eyeing up a market worth $4bn and projected to grow by 22% over five years.

6. Charoen Pokphand Foods (CPF) is set to expand its Russian presence with the acquisition of an integrated poultry business from Dutch firm Agro Invest Brinky for €614m ($680m).

7. Scientists have identified two microorganisms (Lucern seeds & Rhizobium bacteria) that can build bigger and more resilient feed crops, potentially boosting farmers’ bottom lines by millions of dollars.

8. Fourteen leading UK food and drink companies have united to help fund £3.7m for six research projects that aim to tackle diet-related health problems.

9. The opening of the upgraded €50 million food processing facility for ABP Food Group in Cahir, Tipperary, Ireland, should generate more than €1 billion to the Irish economy over five years.

10. A US$336m pig farm project has begun in Russia, thanks to Russian bank Sberbank CIB’s approval of a major loan for the initiative

11. Terra Global Capital raising $100m anti-deforestation fund, with a plan to invest forest-linked agri crops and carbon credits from mitigating deforestation.

12. FAO says Family farming investments are vital to 'inclusive growth which will drive the world's population out of hunger.

13. Agro Nica to raise $60m to invest in Nicaragua, Andean cacao farms. 

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