News
Australia secures 90, 000 tonnes of urea to shield farms from fertiliser shortages
4+ hour, 18+ min ago (647+ words) - Australia secured approximately 90, 000 tonnes of urea to stabilise fertiliser supply amid global market disruptions linked to Middle East conflict. - The government partnered with CSBP and Incitec Pivot, with Export Finance Australia facilitating the procurement of the first three shipments to…...
World Bank-backed fund launches $163m push as "perfect storm" fuels global hunger
2+ day, 20+ hour ago (807+ words) The Global Agriculture and Food Security Program (GAFSP), a multilateral fund hosted by the World Bank, has launched a new US$163 million call for proposals aimed at supporting smallholder farmers in some of the world's poorest countries at a time…...
Amaggi makes ethanol push with stake in Brazilian biofuel company FS
2+ day, 18+ hour ago (279+ words) Amaggi is entering the biofuel sector by acquiring a 40% stake in Brazilian corn ethanol company FS, bolstering the commodity company's decarbonization efforts and diversifying its operations. The partnership is designed to streamline and improve corn origination, logistics, and exports by…...
Oishii secures $150m Series C as premium strategy sets it apart from vertical farming failures
3+ day, 16+ hour ago (938+ words) Indoor vertical farming company Oishii has announced the first closing of a $150 million Series C financing round, led by SPARX Asset Management, with participation from Nomura Real Estate Development, MISUMI Group, Mizuho Bank and others. The raise comes at a…...
Up and to the right," Bunge taps into global biofuel opportunity, demand for soybean meal
3+ day, 18+ hour ago (703+ words) Bunge is capitalizing on years of investment into its global footprint, with the commodity giant identifying opportunities in biofuels, feed, and food amid ongoing global volatility, as executives shared at BMO's Global Farm to Market conference on May 13. Bunge released…...
AI and operational agility set to reshape agriculture trading, Mc Kinsey analysis shows
3+ day, 20+ hour ago (854+ words) In its latest report, How agility and AI could rewire agriculture trading, the consultancy argues that merchants and processors must fundamentally rethink how trading organisations operate, moving toward more agile structures supported by advanced analytics and emerging forms of AI....
Bayer bets on "stronger than ever" policy tailwinds to scale camelina for biofuels
3+ day, 21+ hour ago (1053+ words) Bayer is doubling down on biofuel feedstocks, announcing a long-term strategic alliance with bp to scale camelina as an intermediate oilseed crop aimed at supplying the fast-growing markets for sustainable aviation fuel (SAF), renewable diesel and biodiesel. The partnership will…...
Collaboration refresh: Philippines, Japan seek deeper agriculture partnership ahead of presidential visit
4+ day, 6+ hour ago (579+ words) - The Philippines and Japan are working to expand their agricultural partnership, with a focus on fisheries and technology, ahead of President Ferdinand Marcos Jr. s visit to Japan. - Planned amendments to the bilateral Memorandum of Cooperation will formally include fisheries,…...
Ready to move: Kheti Buddy eyes Europe, N America as agribusinesses race to prove sustainability
4+ day, 6+ hour ago (921+ words) - Kheti Buddy is expanding into Europe and North America, driven by stricter sustainability regulations and the need for farm-level data among global agribusinesses. - The platform's scientific credibility is enhanced by large-scale deployments in India, including a World Bank pilot, and…...
Resurrect Bio closes $10. 3 M Series A as investors back AI-led crop immunity
4+ day, 16+ hour ago (731+ words) UK ag-biotech spinout Resurrect Bio has closed its Series A funding round at $10. 3 million, oversubscribed from an earlier $8. 1 million first close, in a move that underscores rising investor interest in gene-edited approaches to crop protection. The round was led by…...