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An example of a few headlines sent to our customers on Oct, 06 2023
Agriculture Industry

powered by Industry Intelligence, Inc.

October 06, 2023

Industry Roundup

Corn / Maize

Chicago Board of Trade soybean and corn futures close lower on Oct. 3, pressured by steady progress of the US harvest; wheat traded with a positive sign due to the buying actions of speculative funds
CE Noticias Financieras (Latin America) (10/04)

Mexico's corn imports hit record highs in the 2022-2023 season that ended Sept. 30 and will reach another all-time high in the 2023-2024 cycle, according to USDA estimates
CE Noticias Financieras (Latin America) (10/03)

Oils

Economist Intelligence Unit: Sunflowerseed oil prices down in August and could keep declining for foreseeable future; 2023/2024 market expected to remain balanced, with modest consumption growth, as sunflowerseed oil struggles to compete with rapeseed oil
World Commodity Forecasts (10/03)

Potatoes

Kraft Heinz launches multichannel 'Deliciously Predictable' campaign for its Ore-Ida brand that features people literally singing the praises of the brand's predicable quality amid life's many uncertainties
Adweek LLC (10/04)

Rice

Kroger meal solutions brand Home Chef launches Tempo, a new line of 12 ready-to-heat and eat meals, including Garlic sesame chicken stir fry with brown rice and green beans, and Basil pesto white bean primavera
Supermarket News (10/05)

Wheat

Weetabix unveils new-look packaging and traceability website, which champion its use of home-grown wheat sourced within 50 miles of its mills; packaging also features a NaviLens code, allowing blind and partially sighted shoppers to access the website
Grocer (UK) (10/04)

Chicago Board of Trade agricultural futures rise across the board on Oct. 2, led by wheat
Xinhua News Agency (China) (10/03)

Animal Farming / Meat Production

French government starts its first campaign to vaccinate ducks against bird flu, hoping it will prevent the mass slaughter of millions of birds that can result
Thai News Agency (10/03)

Cannabis Farming

New York announces opening of license applications for all cannabis cultivation, processing, distribution, sale and microbusinesses; state will begin awarding licenses in early 2024
States News Service (10/04)

Dairy Farming

Canadian government launches C$333M fund to provide non-repayable compensation to dairy producers and processors who have lost market share due to concessions made by the government in trade deals
FoodNavigator.com (10/03)

Regenerative Agriculture

Nestle Malaysia partnering with Malaysian Cocoa Board to promote sustainable and responsible sourcing, as well as the adoption of regenerative agriculture practices by farmers
Business Times (10/03)

Agricultural Chemicals

Evonik modernizes infrastructure at Antwerp site to support supply of AgraLi and blueSulfate, two by-products of methionine production typically used as fertilizers; upgrades include automated loading process
Evonik Industries AG (10/05)

BASF highlights commitment to affordable solutions for growers, offering low-interest financing of BASF products
BASF SE (10/04)

Agricultural Packaging

LC Packaging, onion specialist M.B. Nieuwenhuijse support the extraction of 50,000 kg of ocean-bound plastic via Plastic Bank partnership; during a period of one year, each net bag supplied by LC Packaging prevented 56g of plastic from entering the ocean
LC Packaging International BV (10/04)

Industry players develop colorful banana bunch band that's industrially compostable; Taghleef Industries supplied NATIVIA NTSS BOPLA facestock, which was coated with Artimelt's biobased adhesives, printed by Aleithe Haftetiketten with Zeller+Gmelin's inks
Taghleef Industries LLC (10/04)

Agricultural Waste

Egypt taps Weser, Dieffenbacher, Andritz to build greenfield plant in Toshka area to produce high-density, medium-density fiberboard (HDF/MDF)--mainly for flooring, furniture industries--using date palm fronds from date farm; production to begin fall 2025
Andritz AG (10/05)

Crop Production / Yield

Mondi partners with Cotesi to launch Advantage Kraft Mulch, a paper alternative to plastic mulching film used to protect plants; compostable crop protection is made from 100% kraft paper, offers crop protection that decomposes, leaving no residues
Mondi Group (10/04)

Food Crops

Zimbabwean confirms strategic partnership with Iran in mining, energy, pharmaceuticals, agriculture, sciences, and technology sectors; Zimbabwe ambassador says alliance seeks to neutralize negative effects of unfair sanctions imposed on both countries
Chronicle, The (Zimbabwe) (10/04)

Plant Extracts / Plant-Based

Researchers develop biodegradable nonwoven packaging material made with needle-punched banana fiber; boxes lined with nonwoven felt increase lifespan of sensitive fruits, vegetable by 1-5 days: PSG College of Technology
Agriculture Daily (10/05)

Elmhurst® 1925 Announces the Newest Addition to Its Unsweetened Plant Milk Line: Milked Coconuts & Cashews
Business Wire (10/05)

Agribusiness & Raw Foods

Executive Perspective: Bonduelle reiterates that it intends to maintain its presence in china, says CEO Xavier Unkovic
MarketLine (10/05)

Bunge shareholders approve US$34B merger with Viterra; merger expected to close in mid-2024
Business Wire (10/05)

PhosAgro joins the UN Global Compact’s new Forward Faster initiative, aimed at achieving the UN Sustainable Development Goals more quickly
OJSC PhosAgro (10/05)

 Food & Beverage

Fresh Foods

ProAmpac to present its fiber-based food-to-go packaging for the convenience store industry at NACS show, says the products elevate products and sales, optimize transportation and storage, reduce labor, produce less waste and are more sustainable
ProAmpac LLC (10/04)

Sixty-eight percent of US shoppers say they are willing to pay a premium for fresh food, a year-over-year increase of seven percentage points, according to Deloitte survey
Grocery Dive (10/03)

Nuts / Peanuts

Rite Aid announces launch of Ello Market, a better-for-you snack concept; products include pistachios, dry roasted peanuts, chocolate almonds, trail mix varieties
Supermarket News (10/04)

Fruit / Vegetable Juices

Gulf Union Foods partners with Appetite Creative to offer a connected packaging experience for its juice brands; by scanning QR codes on carton packs, users can play two juice-themed games, also take shareable selfies with a fruity tiara or as a mango
MarketLine (10/05)

Britvic announces the acquisition of Extra Power energy drink brand in Brazil; Britvic also acquires three soft drink, juice and acai smoothie brands in the country: Flying Horse, Juxx and Amazoo
FoodNavigator.com (10/05)

Fruits, Vegetables & Salads

Blue Apron announces return of its Thanksgiving menu; items include Savory Butter Roasted Turkey Breast, Homemade Garlic & Herb Gravy, Fresh Cranberry Sauce with Ginger & Maple Syrup, and Roasted Brussels Sprouts with Fried Rosemary & Pumpkin Seeds
Business Wire (10/03)

McDonald's purchases more than 70% of the ingredients it uses to prepare its food in Mexico from local suppliers, company says; ingredients include meat, chicken, bread, vegetables, coffee and eggs
CE Noticias Financieras (Latin America) (10/03)

Meat & Poultry

Sunnyvalley Smoked Meats recalling Kirkland Signature Master Carve Half Ham, Natural Juices Boneless Smoked Half Ham sold at Costco stores in Northern California because of potential listeria contamination
Food Safety News (10/05)

Tyson Foods announces limited-time return of its Halloween-inspired Tyson Spooky Nuggets, featuring pumpkins, bats and ghosts
PR Newswire (10/04)

Cold Cuts / Processed Meats

Kroger announces launch of Kroger Mercado, a Hispanic-inspired brand joining the retailer's Our Brands' roster; products include Oaxaca Cheese Ball, Ready to Cook Flour Tortillas and Chorizo Ground Sausage 
PR Newswire (10/03)

Conagra Brands to exhibit at the National Assn. of Convenience Stores Expo Oct. 4-6; brands to be displayed include Slim Jim, Penrose, David, Bigs and Andy Capp's
PR Newswire (10/03)

Fish / Seafood

Illinois-based CenSea recalls whole octopus after product tests positive for salmonella
Food Safety News (10/03)

Eggs

Zacks: Cal-Maine Foods' fiscal Q1 adjusted EPS fare better than estimate, despite bottom line falling 99% year-over-year on lower conventional shell egg prices, higher labor costs, other costs; sales down 30% after exceptionally strong year-ago sales
Zacks Equity Research (10/04)

Cal-Maine Foods, Inc. Completes Acquisition of Egg Production Assets of Fassio Egg Farms, Inc.
Business Wire (10/04)

Dairy Products / Dairy Alternatives

Vivici, a Fonterra and dsm-firmenich joint venture in food technology, plans to market its fermentation-derived dairy protein in early 2024, confident of gaining US regulatory approval; company sees applications across a broad range of food and beverages
FoodNavigator.com (10/05)

Kraft Heinz's Philadelphia cream cheese brand announces collaboration with Milk Bar to offer new Red Velvet Philly Bagel Bomb, available at Milk Bar dessert shops; menu item features a cream cheese core with chocolate, wrapped with red velvet bagel dough
Business Wire (10/04)

Milk / Milk Alternatives

Oatly announces that its oatmilk products are now available at all 265 Meijer locations
Globe Newswire (10/03)

Coffee

Nespresso and Blue Bottle Coffee collaborate to launch Blend No. 1, a limited-edition capsule that blends Blue Bottle and Nespresso coffees; beverage available for purchase on Nespresso.com and at Nespresso boutiques
PR Newswire (10/05)

Nestle Brazil announces launch of Nomad, a specialty coffee subscription club that has a fixed duration of six months; the coffees will be sent to customers' homes every month in 12 individual portions accompanied by a short coffee course
CE Noticias Financieras (Latin America) (10/03)

Sugars / Honey / Sweeteners

Marco's Pizza announces limited-time offering of new Hot Honey Magnifico Pizza, featuring two kinds of pepperoni, romesan seasoning, sauce, cheese and Mike's Hot Honey
PR Newswire (10/04)

Global consumption of sugar-sweetened beverages up at least 16% since 1990, led by Mexico, Ethiopia, the US and Nigeria, according to report
CE Noticias Financieras (10/03)

Packaged Foods

McCormick CEO on larger-size Super Deal range of spices gaining share in Q3 after 11% consumption growth in Q2, as consumers seek value; since pre-COVID, household penetration is greater for larger sizes, while home-cooking remains elevated
Industry Intelligence Inc. (10/05)

Morgan Stanley estimates 7% of US population will be taking weight-loss drugs by 2035, cutting their daily calorie consumption by as much as 30%; major food companies like Conagra, Mondelez and Campbell Soup could see 3% hit to their bottom lines by 2035
The New York Post (10/05)

Non-Alcoholic Beverages

Executive Perspective: Molson Coors is responding to growing consumer interest in wellness by entering non-alcoholic beverage categories that may include energy drinks, says CEO Gavin Hattersley
CNBC LLC (10/05)

PEPSI MAX® TEAMS UP WITH EA SPORTS FC™ TO PROVIDE FANS WITH IN-GAME ULTIMATE TEAM™ REWARDS
PR Newswire (10/05)

Alcoholic Beverages

Bacardi's Angel's Envy whiskey brand announces limited-edition US launches of Angel's Envy 2023 Cask Strength Rye and Angel's Envy 2023 Cash Strength Bourbon; both beverages available beginning Dec. 1
PR Newswire (10/05)

Constellation Brands raises its forecasts for annual earnings as beer shipments beat market expectations in its fiscal Q2
MarketLine (10/05)

 Tobacco & Cannabis

Tobacco, Cannabis & Derivatives

White House highlights University of Minnesota's text-messaging program aimed at decreasing tobacco use among American Indians as part of Cancer Moonshot program; program focuses on culturally relevant messaging
Targeted News Service (Press Releases) (10/03)

MediPharm Labs, a specialist in cannabinoids, announces settlement with Hexo regarding commercial dispute; decision awards MediPharm US$9M
PR Newswire (10/03)

 Stock

Latest: Oct, 05 2023

Latest Value Prev Chg YOY Chg
Watchlist
Archer Daniels Midland (ADM) 73.13 73.47 -0.46% -15.23%
CHS Inc (CHSCP) 30.02 30.00 0.07% 4.09%
Farmland Partners (FPI) 10.44 10.26 1.75% -19.51%
Fresh Del Monte Produce (FDP) 25.83 25.69 0.54% 6.30%
JBS SA (JBSS3) :BVMF 18.21 18.15 0.33% -27.80%
SAMPLE REPORT