CHICAGO, —Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to sell its Crop Risk Services (CRS) business to Validus Holdings, Ltd. (Validus) (NYSE: VR) for $127.5 million, subject to certain working capital and balance sheet adjustments. The deal includes a marketing services agreement under which ADM and Validus will […]
WASHINGTON, – The U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA) today announced four grants totaling more than $13.6 million to combat a scourge on the nation’s citrus industry, citrus greening disease, aka Huanglongbing. The funding is made possible through NIFA’s Specialty Crop Research Initiative (SCRI) Citrus Disease Research and Extension […]
WASHINGTON, — Agriculture Secretary Tom Vilsack today announced the release of a report studying the lifecycle greenhouse gas (GHG) balance of corn ethanol. The report, A Life-Cycle Analysis of the Greenhouse Gas Emissions of Corn-Based Ethanol, finds that GHG emissions associated with corn-based ethanol in the United States are about 43 percent lower than gasoline […]
WASHINGTON – Agriculture Secretary Tom Vilsack today announced that 88 high-impact projects across the country will receive $225 million in federal funding as part of the USDA’s Regional Conservation Partnership Program (RCPP). In addition, partners have proposed to contribute up to an additional $500 million to improve the nation’s water quality, combat drought, enhance soil […]
WASHINGTON, – The U.S. Department of Agriculture (USDA) today announced that starting March 20, 2017, organic producers and handlers will be able to visit over 2,100 USDA Farm Service Agency (FSA) offices around the country to apply for federal reimbursement to assist with the cost of receiving and maintaining organic or transitional certification. “USDA is […]
Sumitomo Corporation (“Sumitomo”) and Fyffes plc (“Fyffes”) are pleased to announce that they have reached agreement on the terms of a unanimously recommended cash offer by Sumitomo pursuant to which Swordus Ireland Holding Limited (“Bidco”), a wholly-owned subsidiary of Sumitomo, will acquire the entire issued and to be issued share capital of Fyffes. · Under […]
Imagine if your favourite chocolate bar tasted just as good, but with much less sugar. This could soon be a reality, thanks to a major breakthrough by Nestlé scientists. Using only natural ingredients, researchers have found a way to structure sugar differently. So even when much less is used in chocolate, your tongue perceives an […]
Cadbury and Fairtrade today announced a ground-breaking commitment to help more cocoa farmers, their families and their communities, by extending its farmer-focused Cocoa Life programme to Cadbury products globally. Starting in the UK & Ireland in May 2017, with a phased roll-out, Cocoa Life – an industry leading sustainable cocoa farming programme – will be […]
WASHINGTON, – Agriculture Secretary Tom Vilsack today announced that USDA is seeking new proposals for cutting-edge projects that will provide new conservation opportunities through its competitive Conservation Innovation Grants (CIG) program. Through USDA’s Natural Resources Conservation Service (NRCS), the department will invest up to $25 million for projects that spark the development and adoption of […]
LA CROSSE, Wisc., Oct. 11, 2016 – Following a roundtable discussion with dairy producers near La Crosse, Wisc. today, Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture (USDA) is offering to purchase $20 million of cheddar cheese to reduce a private cheese surplus that has reached record levels, while assisting food banks […]
