After a series of high profile acquisitions and more likely on the way, China is poised to have a much larger footprint in the global food supply chain in the near future, according to a new report from Rabobank.
The move to acquire Bright Agrotech will give Plenty the breadth of expertise and IP to scale with rapid speed, and is a natural move after a four-year relationship, according to Matt Barnard, cofounder and CEO.
The highs and lows of the food e-commerce space continued this week with Territory raising $6.7m in Series A funding in the same week that Maple closed and sold some of its assets to the UK's Deliveroo.
Tyson Foods Appoints its First Chief Sustainability Officer
Major poultry producer Tyson Foods has named Justin Whitmore to the newly-created role of Chief Sustainability Officer. The appointment follows the company’s introduction of a new initiative that puts sustainability at the core of the company’s future aspirations.
US farmland values fell 0.2 percent in Q3, representing a shift from 0.7 percent growth during Q2. Whole Foods is in a spot over two cases of Hepatitis in Detroit, while Western Growers plans to award startups at its upcoming AGM.
Three industry mergers & acquisitions top this week's Industry-in-Brief as the debate over GM salmon and food labeling continues, and a Saudi Arabian dairy company's purchase of alfalfa land in California causes concern.