Latin America

© GettyImages/metamorworks

Blue economy impact fund adds €30m to its war chest

By Jane Byrne

The Ocean 14 Capital fund, focusing exclusively on the multi-trillion-dollar ‘blue economy’, has received an investment of €30m (US$32.1m) from Ingka Investments, one of the three core businesses of Ingka Group, the largest owner and operator of IKEA...

© GettyImages/Tero Vesalainen

MarinTrust launches public consultation

By Jane Byrne

MarinTrust is inviting feedback from stakeholders as it evaluates the effectiveness and impacts of its review system for its program aimed at improving the global responsibility of the sourcing and production of marine ingredients.

Grain ship at the port of Paranaguá, Brazil © GettyImages/Ziviani

Brazil expected to export record level of soybeans

By Jane Byrne

A USDA attaché report for Brazil has increased the 2022/23 forecast for the country’s soybean production to 153 million metric tons (MMT). It also revises upwards its soybean export estimate to 97MMT, a new record.

© GettyImages/JJ Gouin

US soybean exports outpacing last season

By Jane Byrne

Soybean markets remained supported in recent days due to dwindling US supply amid incredibly strong export demand, finds a CRM Agri report.

© Protenga

Protenga gets funding boost from The Yield Lab Asia Pacific

By Jane Byrne

The Yield Lab Asia Pacific is the latest investor in Asian insect ingredient developer, Protenga. The Singapore-based company’s most recent funding round also saw participation from SEEDS Capital and JBI Innovations.

© GettyImages/Richard Drury

EU agrees deforestation law

By Jane Byrne

A provisional political agreement has been reached between the EU Parliament and the Council in relation to EU regulation on deforestation-free supply chains.

© GettyImages/alxpin

Higher prices drive profits for BioMar

By Jane Byrne

BioMar says it grew its reported revenue by 41% in Q3, even with slightly lower volume sales than last year, while earnings recovered significantly compared to the same quarter in 2021.

© GettyImages/vestenskov

WASDE: US corn production revised higher

By Jane Byrne

This month’s WASDE saw corn production in the US forecast higher, to 353.84Mt, a slight hike on the 352.95Mt estimated in October, leading to a slightly eased ending stock projection.

© GettyImages/Image Source

Zero deforestation soy funding scheme looks to widen net

By Jane Byrne

SIM says the Responsible Commodities Facility (RCF), a new system of financial incentives for farmers in Brazil who commit to deforestation- and conversion-free (DCF) soy cultivation, is progressing as scheduled.

Feed flow throughout the plant © Andritz

Mitigating energy and production costs in feed milling

By Jane Byrne

As rising gas and electricity costs pressure feed mill profitability in many markets, feed compounders are looking to maintain maximum feed plant capacity, lower the total costs of ownership of their processing plants, and optimize use of resources to...