Regions

© GettyImages/nicolas_

Gene editing wars: Experts warn FSA is misleading public

By Jane Byrne

Campaigners representing UK business, farming, certification, academia, and science have lodged a complaint against the UK’s Food Standards Agency (FSA), raising concerns about its public consultation process on precision bred organisms for use in animal...

© GettyImages/Olha Pylypenko

Agri-commodity market trends

IGC forecasts 7% jump in global soybean output

By Jane Byrne

World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).

© GettyImages/invincible_bulldog

New commodity carbon accounting approach adds up

By Lynda Searby

By combining land conversion data and trade statistics, start-up, AdAstra, claims to have come up with a way of calculating carbon emissions from deforestation for commodities such as soy and corn with greater accuracy.

© GettyImages/Dzmitry Dzemidovich

ForFarmers sees increase in gross profit

By Jane Byrne

ForFarmers' financial results for Q3 2023 show a recovery of underlying EBITDA. While sales volumes declined compared to the same period in 2022, they were roughly equal to Q2 this year.

© GettyImages/Cecilie_Arcurs

Bunge reveals value of CJ Selecta acquisition

By Jane Byrne

Bunge disclosed the value of the CJ Selecta deal during its call with analysts following the company’s Q3 2023 earnings release last week. It is paying out around US$600m to acquire the Brazilian manufacturer and exporter of soy protein concentrate (SPC).

Aerial view of Odessa Port, Ukraine © GettyImages/graphixel

Ukrainian corn crop forecast to grow by 17%

By Jane Byrne

A recent USDA attaché report sees improved grain production in Ukraine over the next 12 months, with volumes set to exceed the previous year, particularly for corn.