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Bunge looks for smaller acquisitions after $8.2B Viterra buy
As the company works to build an agri-trading powerhouse second only to Cargill by revenue, it's seeking more bolt-on purchases.
By Sarah Zimmerman • Aug. 3, 2023 -
Farm production costs skyrocketed 15.2% in 2022
Expenses are only expected to surge higher this year, creating a difficult calculus for farmers as they also grapple with declining prices.
By Sarah Zimmerman • Aug. 2, 2023 -
Trendline
Top 5 stories from Agriculture Dive
Declining farm income and other production challenges have pushed farmers to rethink their operations and adopt new technology in a bid to diversify potential revenue streams.
By Agriculture Dive staff -
Fertilizer company JR Simplot reaches $150M deal with EPA to address plant waste
The manufacturer allegedly failed to manage hazardous materials from phosphate production.
By Sara Samora • Aug. 2, 2023 -
Aemetis secures $25M to turn methane from cows into renewable energy
The USDA-backed loan will allow the biofuels company to fund biogas digester projects for eight new dairies.
By Nathan Owens • Aug. 1, 2023 -
Danone to deconsolidate dairy assets seized by Russia
The Activia yogurt maker reported a $767 million write-off after Russia took control of local operations and appointed a new CEO.
By Sarah Zimmerman • Aug. 1, 2023 -
High costs, low values stunt the pork industry: CoBank
As retail prices remain elevated, soft domestic and global demand are compounding market challenges for pork producers.
By Nathan Owens • July 31, 2023 -
Pilgrim’s Pride expects chicken rebound as beef and pork supplies tighten
Net income fell 83% on weaker chicken prices, but the company is optimistic the worst is over.
By Nathan Owens • July 28, 2023 -
SEC to overhaul disclosure rules for cybersecurity attacks
After a fierce debate, the agency voted to require companies to come clean on material breaches within four business days of determination.
By David Jones • July 27, 2023 -
ADM earnings jump on record Brazil soybean and corn crops
The agriculture giant is exporting more from South America after investing in port infrastructure to gain a competitive edge.
By Sarah Zimmerman • July 27, 2023 -
Fed raises interest rates following June pause
Rate hikes may be pushing the agriculture industry to adjust operations as farm lending slows, according to the Federal Reserve Bank of Kansas.
By Grace Noto • July 27, 2023 -
Indoor farming company AppHarvest files for bankruptcy
The startup, backed by Martha Stewart and now-U.S. Sen. J.D. Vance, couldn't overcome high operational costs and lower than expected crop yields.
By Sarah Zimmerman • July 26, 2023 -
Dairy outlook turns sour on softer prices, fewer cows
Higher costs and drought conditions have pressured farmers to thin their herds amid a milk glut.
By Nathan Owens • July 20, 2023 -
John Deere acquires precision agtech startup Smart Apply
The purchase expands Deere’s portfolio of products aimed at helping growers achieve their sustainability goals.
By Nathan Owens • July 18, 2023 -
Russia seizes Danone assets, upending dairy giant’s exit from the country
Brewing company Carlsberg also lost control of its subsidiary as Russia makes it harder for Western companies to offload operations.
By Sarah Zimmerman • July 18, 2023 -
Cargill, John Deere team on regenerative agriculture
Cargill pays people to farm sustainably. Now farmers can use John Deere tech for accuracy.
By Nathan Owens • July 17, 2023 -
Upcycled chicken producer Do Good Foods files for bankruptcy
The 2-year-old company developed a closed-loop system to convert grocery items that can’t be sold or donated into nutrient-dense animal feed.
By Chris Casey • July 11, 2023 -
Bunge, Chevron acquire Argentina seed business
The investment adds a new oil source to the companies’ global supply chains, expanding their feedstocks and biofuels capabilities.
By Nathan Owens • July 7, 2023 -
Walmart adds production facility to beef up end-to-end Angus supply chain
The retailer plans to break ground on the facility in Olathe, Kansas, later this year ahead of an expected opening in 2025.
By Catherine Douglas Moran • July 7, 2023 -
This solar-powered robot weeds crops using AI
Created by a former Tesla engineer and Proofpoint product lead, the Aigen Element can help farmers reduce their costs and environmental footprint.
By Nathan Owens • July 6, 2023 -
Breeders close to commercial-ready tomatoes with high disease resistance
Partners NRGene and Philoseed said early adopter tests show positive results against Tomato Brown Rugose Fruit Virus.
By Nathan Owens • July 5, 2023 -
Egg production recovers as bird flu subsides
May production levels totaled a record 9.37 billion eggs, with cases of highly pathogenic avian influenza dwindling.
By Nathan Owens • June 28, 2023 -
USDA to invest $500M in biofuels growth after industry pushback
The funding for new infrastructure projects comes after EPA blending revisions disappointed advocates.
By Nathan Owens • June 27, 2023 -
Agrivoltaics hit ‘watershed moment’ as farmland transitions increase, says farmer-turned-developer
More farmers are using land for agriculture and solar energy generation, diversifying revenue streams.
By Diana DiGangi • June 27, 2023 -
California grants pork industry some Prop 12 relief
Industry advocates say the ruling allows a smoother transition for pork already in the supply chain from farms that do not meet the state’s new animal housing requirements.
By Nathan Owens • June 26, 2023 -
Deep Dive
5 trends set to define agriculture in the second half of 2023
With rising input costs, changing weather patterns and the upcoming farm bill, the old ways of doing business may not be working anymore.
By Nathan Owens , Sarah Zimmerman , Shaun Lucas • June 26, 2023