Sunday, 8 November 2015

Global Agricutlure, Food & Nutrition Roundup - 08Nov'15 !

1. Gladstone acquires $4m-worth of Florida farmland.

2. Organic crops are more profitable, but take-up is slow. Organics make up less than 1% of US corn and soy acreage despite higher returns.

3. The commercial distribution of agriculture technologies, and how to get them in front of farmers, is one of the main hurdles that agtech companies and their venture capital partners face, according to speakers at the World Agri-Tech Investment Summit in London this week.

4. ExactTarget Co-Founder Chris Baggott to Create $1bn Company Using Uber and Food Trucks.

5. Rabobank estimates that Agtech companies will Attract Over $4bn in Investment in 2015.

6. The UK government's Agri-Tech strategy was identified a key national industry and was awarded £160 million in funding by the Treasury department.

7. Chilean fund Sembrador raising $50m for permanent crops in Colombia.

8. A study suggesting men consuming two or more sugary drinks per day are more likely to suffer heart failure does not provide conclusive evidence, say medical professionals while industry calls it 'unhelpful'.

9. Eagle Product Inspection has partnered with J-Pak, in Africa, to distribute its x-ray inspection systems for applications including bakery, dairy, snacks, confectionery, cereals and grains. It can also detect contaminants in powdered tea, coffee, baby formula milk powder, fruit juice, plastic bottles of milk, glass bottles and cans of lemonade.

10. Major food commodity prices rose in October, spurred by weather-driven concerns about sugar and palm oil supplies, according to the UN Food and Agriculture Organisation (FAO).

11. The abandonment of the one-child policy in China is expected to grow sales of infant formula by 10-15%, with 1.5-2 million more babies likely to be born each year in the country.

12. Cargill plans to close its chocolate plant in Lititz, Pennsylvania axing 130 jobs in January 2016 as it restructures its manufacturing footprint in its chocolate and cocoa business.

13. A number of specific foods including potato chips, refined grains, processed meats, and soda are all associated with excess weight gain, finds new research.

14. Fears of job losses following the merger of Kraft and Heinz appear to have been realised, as the food giant announced factory closures and job cuts in North America.

15. Helping small-scale farmers and producers in developing countries to access the global marketplace can help to boost nutrition and development, say the UN Food and Agriculture Organisation (FAO) and the World Trade Organisation (WTO).

16. Italian milk and wheat company Newlat has acquired Kraft Heinz’s infant and health foods manufacturing plant in Parma for an undisclosed sum.

17. Nomad has completed its acquisition of Findus becoming the largest frozen food in Western Europe, it announced yesterday.

18. World's biggest rice brand Uncle Ben's and Food giant MARS pledged to sustainable source 100% of their rice by 2020.

19. $90m Nestlé plant opens in Malaysia;

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