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Big food’s regenerative agriculture pledges mostly just talk
Most businesses lack quantitative targets to reach their goals and only a few of them offer financial commitments to support farmers, according to a FAIRR report.
By Sarah Zimmerman • Sept. 22, 2023 -
Deere lays off more than 200 workers in Illinois
The agriculture equipment said it's balancing its production workforce with the needs of its Harvester Works factory in East Moline.
By Nathan Owens • Sept. 22, 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 -
Incobrasa breaks ground on $250M soybean plant expansion
The oilseed processor and biodiesel maker is adding a crushing facility in Illinois to increase its production capacity.
By Sara Samora • Sept. 22, 2023 -
Climate activists warn Wall Street investors of JBS listing risks
Critics say the meatpacking giant’s plan to restructure diminishes the voting power of existing and future minority shareholders.
By Nathan Owens • Sept. 21, 2023 -
Potential Hormel strike looms after Minnesota workers reject contract offer
Union members at the Spam maker’s largest facility say the company’s “record profits are just wages not shared fairly with the rest of us,” joining workers around the country in a fight for improved benefits and pay.
By Nathan Owens • Sept. 20, 2023 -
Extreme heat is causing cows to produce less milk
Lower supply is pushing butter and cheese prices higher, which could help dairy producers who have suffered from deteriorating margins.
By Sarah Zimmerman • Sept. 19, 2023 -
Mars pushes regenerative agriculture in $1B climate initiative
The M&Ms and Skittles maker will reformulate its recipes and prioritize sourcing from farms that embrace sustainable practices as the CPG giant barrels toward net-zero emissions.
By Sarah Zimmerman • Sept. 18, 2023 -
BioBetter opens molecular farming plant using tobacco to help grow cultivated meat
The Israeli startup created a manufacturing platform for producing growth factors using tobacco plants as self-sustained, animal-free bioreactors.
By Elizabeth Flood • Sept. 18, 2023 -
Former Tesla engineer joins Guardian Agriculture as farm drone maker ramps up production
The company is set to make its first deliveries to customers later this year following approval from the Biden administration.
By Sarah Zimmerman • Sept. 15, 2023 -
Mission Produce profits derailed by weak avocado harvest in Peru
The produce giant had locked in lower prices for customers earlier this year on the expectation of a bumper crop, but extreme weather wrecked those plans.
By Sarah Zimmerman • Sept. 14, 2023 -
Upside Foods announces first large-scale production plant for cultivated meat
The company selected the Chicago metro area as home for its next phase of growth.
By Elizabeth Flood • Sept. 14, 2023 -
Dairy industry teams with cybersecurity group to beef up defenses
As cyber crimes become more prevalent, the International Dairy Foods Association joins other food companies in efforts to share information and bolster protections.
By Nathan Owens • Sept. 12, 2023 -
Eat Just’s cultivated meat division fails to pay $30M worth of invoices
The company’s Good Meat subsidiary is working to reach a settlement with bioreactor specialist ABEC, a source said.
By Elizabeth Flood • Sept. 12, 2023 -
US farm income to see largest-ever drop
A combination of high expenses and weak prices for major crops and livestock are expected to lead to an estimated 23% decline in profits.
By Nathan Owens • Sept. 11, 2023 -
Shipping container farming startup to go public in deal with SPAC
Freight Farms’ merger with blank check company Agrinam will create a business valued at $147 million, and comes as other controlled agriculture companies struggle financially.
By Sarah Zimmerman • Sept. 8, 2023 -
Bayer to invest around $236M to advance more sustainable crop protection products in Europe
A new research and development facility in Germany will help develop the next generation of chemicals and build upon the biotech giant's commitment to regenerative agriculture.
By Nathan Owens • Sept. 7, 2023 -
Cargill food safety exec named IFT board president
Sean Leighton will take over the Institute of Food Technologies as the organization deals with safety issues around items such as cultivated meat and alternative proteins.
By Elizabeth Flood • Sept. 7, 2023 -
Mycoprotein maker Enough raises over $40M to double production
The Scottish company has ambitious goals of producing one million tons of its mycoprotein product “Abunda,” which is the equivalent of replacing five million cows or more than one billion chickens.
By Elizabeth Flood • Sept. 6, 2023 -
Bayer renews partnership with Pairwise to advance gene-edited short corn
The collaboration explores applications of the startup's CRISPR technology for future use in the crop science giant’s Preceon brand.
By Nathan Owens • Sept. 5, 2023 -
Pivot Bio taps new CEO as biofertilizer startup plans manufacturing expansion
A grain-trading insider is set to help the ag tech company scale and capitalize on growing demand for alternatives to traditional crop protection products.
By Sarah Zimmerman • Sept. 1, 2023 -
Hormel lowers outlook amid challenging pork and turkey backdrop
Weak prices offset sales volume growth in the third quarter as the food processor struggled with supply chain issues that resulted in a hefty arbitration payment.
By Nathan Owens • Sept. 1, 2023 -
Q&A
Talking the future of food with Ginkgo Bioworks’ Patrick Boyle
As the head of Codebase, Boyle was a synthetic biologist "before it was cool.” Here’s how he helps food brands come up with animal-free proteins.
By Judy McGuire • Sept. 1, 2023 -
Minerva buys 16 Marfrig meat plants for $1.5B
The Brazil meat exporter plans to acquire the beef giant’s processing facilities in South America to grow its wholesale commodity business, while Marfrig sharpens its focus to value-added products.
By Nathan Owens • Aug. 30, 2023 -
Mondelēz leans on startups to help fuel ambitious growth plans
The Oreo manufacturer said SnackFutures, its venture capital arm, plans to at least double the number of companies in its portfolio by 2030.
By Christopher Doering • Aug. 29, 2023 -
EPA denies petitions for stronger CAFO regulations
An advisory committee will instead study the extent of pollution on so-called "factory farms" and make recommendations to the agency.
By Sarah Zimmerman • Aug. 28, 2023