CHICAGO, —Archer Daniels Midland Company (NYSE: ADM) announced today that it had completed the sale of its sugarcane ethanol operations in Limeira do Oeste, in the Brazilian state of Minas Gerais. “ADM’s Corn business is delivering on its strategy of diversifying our portfolio and expanding our global footprint, while addressing underperforming businesses,” said Chris Cuddy, […]
Leverkusen, May 23, 2016 – In response to further market speculation and stakeholder inquiries, Bayer is publicly disclosing the contents of its private proposal to acquire Monsanto. Bayer has made an all-cash offer to acquire all of the issued and outstanding shares of common stock of Monsanto Company for USD 122 per share or an […]
WASHINGTON, – The U.S. Department of Agriculture (USDA) today awarded $16.5 million in grants to support research into methods for boosting agriculture productivity and ensuring food security in the face of pests, diseases and a changing climate. In addition, USDA announced that it is seeking applications for the next round of projects, which will focus […]
MINNEAPOLIS– SUPERVALU INC. (NYSE: SVU) today announced that it plans to transition to selling 100 percent cage-free eggs at its grocery retail banners by 2025 or sooner based on available supply, affordability and customer demand. Currently, cage-free eggs account for nearly 12 percent of the company’s total grocery retail egg sales. “Our decision to move […]
CHICAGO, — Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to sell its sugarcane ethanol operations in Limeira do Oeste, in the Brazilian state of Minas Gerais, to JFLim Participações S.A. “We regularly review our asset portfolio to determine how best to maximize shareholder returns, and in this case, […]
ATLANTA, – U.S. Department of Agriculture (USDA) officials today joined 15 national and regional philanthropic partners to announce a new initiative to bolster the supply chain for local food systems around ten key U.S. cities. The project, dubbed ‘Food LINC’, will connect demand for local food in ten urban areas with supply from farmers and […]
WASHINGTON, – The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) today announced the official launch of GroupGAP, a new certification program that helps small and mid-sized growers and cooperatives meet retailers’ on-farm food safety requirements. “We know that GAP certification can sometimes be cost-prohibitive for smaller farmers,” said AMS Administrator Elanor Starmer. “GroupGAP […]
Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan Investment Board (“CPPIB”) for the purchase by a wholly owned subsidiary of CPPIB of a 40% equity interest in Glencore Agricultural Products (“Glencore Agri”), for an aggregate consideration of US$2.5 billion payable in cash upon closing, […]
Springdale, Ark. – The efforts of Tyson Foods, Inc. (NYSE: TSN) to operate responsibly and with more transparency are outlined in the company’s first comprehensive sustainability report since its 2014 acquisition of The Hillshire Brands Company. For the first time, the online report is being issued in segments over five weeks, beginning with today’s release […]
LIMA, Peru, – Agriculture Secretary Tom Vilsack and U.S. Trade Representative Michael Froman announced today that the U.S. government has reached agreement with the government of Peru to remove barriers for U.S. beef exports to Peru that have remained in effect since 2003, opening one of the fastest growing markets in Latin America to all […]
