By Lynda Kiernan-Stone, Global AgInvesting Media Top agricultural cooperative GROWMARK and leading farmer-owned global agribusiness CHS announced the launch of Cooperative Ventures, a $50 million capital fund designed to back advancements in breakthrough technologies for the agricultural industry. The partners will be equals in the venture, which will be established as its own independent legal entity with teams in both Bloomington, Illinois, and St. Paul, Minnesota. This fun
The Farmers Elevator Company in Honeyford in northeast North Dakota accomplished a historic event on November 1 when it loaded the longest train in U.S. history. The 8.500-foot, or 1.6-mile long unit train full of corn was bound for Canada. In the early 1980s, trains were usually only 10 cars long. But, as technology advanced, trains began to add cars. The U.S. standard became 110 cars, and in Canada, 142 cars - something that industry experts believe will soon be adopted as
Landus Cooperative, the largest agricultural co-op in the state of Iowa, is considering moving its headquarters from Ames to the city of Des Moines. The shift in location follows the appointment of Landus’ new CEO Matt Carstens last year, who had previously been senior vice president of Truterra, a division of Land O’Lakes focused on agricultural technology and data.
The cooperative also recently opened an Innovation Center in Ralston, northwest of Des Moines, that will conn
New research from NASA indicates that as early as by 2030 global supplies of corn, soybeans, wheat, and rice will look much different compared to today due to climate change. A study published in the journal Nature Food used advanced agricultural and climate models to carry out an analysis of future global food production, concluding that increases in temperature, shifts in rainfall, and increased surface carbon dioxide levels will change agriculture as we know it decades soo
U.S. agricultural organizations are praising the passing of the Infrastructure and Jobs Act by the House of Representatives on November 5. About to be signed into law, the bill includes funds to modernize the country’s transportation systems, including the locks and dams critical to its waterways that transport the bulk of the country’s grain exports. The legislation would increase spending on infrastructure by $550 billion over five years, including $110 billion for U.S. roa
Nature’s Path has expanded the breadth of its vision to transform the health of the planet through organic food with the acquisition of a majority stake in Anita’s Organic Mill - one of Canada’s most respected millers and manufacturers of organic whole grain flours. Established in 1997, Anita’s Organic Mill sources organic grains from farmers across Canada, which the company then stone-mills on-site at its facility in Chilliwack, British Columbia, which also includes a retail
MINNEAPOLIS, November 8, 2021 – The 7th annual Organic & Non-GMO Forum will take place here next month, in-person, December 1-2, and focus on the opportunities, innovations, and challenges in the burgeoning plant-based sector. Propelled by market drivers including a rise in demand for wellness-focused organic food, a stronger concern for natural, more sustainable products and a desire to lessen the environmental impact of animal production, the global plant-based protein mark
Eight agribusiness and financial groups, including &Green Fund, The Dutch Impact Fund, DuAgro, AGR13 Fund (managed by Rabobank), Gaia Group, JGP Asset Management, Syngenta, Sustainable Investment Management, and VERT, have signed onto a commitment worth $3 billion to invest in soybean and cattle production that is free of deforestation and land conversion in South America. These signatories, which signed on at the COP26 World Leaders Summit, are the first to back the Innovati
After two years of discussions and planning and two voting periods, the Boards of Directors for the Farmers Win and Five Star cooperatives have agreed to stop the proceedings on the merger of the businesses. According to Iowa state law, both cooperatives would need to achieve a 50 percent-plus-one quorum before then achieving a two-thirds majority vote to approve the deal.
During the first voting period, Five Star cooperative was successful in achieving both of these voting
ADM and Gevo, a producer of energy-dense liquid hydrocarbons and renewable chemicals with net-zero greenhouse gas emissions, have signed a memorandum of understanding to partner on the production of sustainable aviation fuel and other low-carbon hydrocarbon fuels. Under the terms of the agreement, ethanol and isobutanol will be processed into renewable low-carbon hydrocarbons, including sustainable aviation fuel (SAF), using Gevo’s technology and capabilities. Approximately 9