Paris | Reuters — British market intelligence firm Mintec announced on Tuesday the acquisition of Agribriefing in a deal it said would create a leading global provider of data on […] Read more

Mintec acquires Agribriefing to expand agrifood data offering

Activist investor reported building stake in Bayer, seeking breakup
Bayer up for 'constructive dialogue'
Reuters — Activist investor Bluebell Capital Partners has built a stake in Bayer AG and is pushing for a breakup of the German pharmaceutical and agriculture company, Bloomberg reported on […] Read more

McDonald’s reported set to exit Kazakhstan on Russia war spillover
Reuters — McDonald’s Corp. is set to abandon Kazakhstan as disruptions triggered by the Ukraine crisis have left the nation without a substitute for Russian meat supplies, Bloomberg News reported […] Read more

China to launch grain reserves company in 2023
Reuters — China’s state-owned grains trader COFCO said on Thursday a new joint venture it has set up with state stockpiler Sinograin to manage the country’s huge grain reserves will […] Read more

U.S. FDA reported weighing CBD regulation in food, supplements
Reuters — The U.S. Food and Drug Administration (FDA) is planning to make recommendations on how to regulate the use of popular cannabis compound CBD in food and supplements, the […] Read more

China must raise self-reliance in ag tech, Xi says
Seed industry seen as weak link in food chain
Beijing | Reuters — President Xi Jinping wants China to accelerate efforts to achieve self-reliance in agricultural technology, identifying seed development and core equipment among areas to focus on, state […] Read more

Mexico says it aims for agreement with U.S. on GM corn in January
U.S. officials threatening action under CUSMA pact
Mexico City | Reuters — Mexico and the United States aim to reach an agreement in January over a pending Mexican ban on imports of genetically modified (GM) corn, the […] Read more

Ford hikes price of cheapest F-150 electric truck variant
Reuters — Ford Motor Co. has raised the price of the cheapest variant of its F-150 Lightning electric truck by nine per cent, to US$55,974, the company’s website showed on […] Read more

Commodity merchant Louis Dreyfus creates food solutions unit
Company to draw on existing oilseeds processing portfolio
Paris | Reuters — Agricultural commodity merchant Louis Dreyfus Co. (LDC) has created a food and feed solutions business line as part of efforts to diversify its activities in step […] Read more

U.S. threatens legal steps over Mexico’s planned GMO corn ban
Planned ban would see imports of yellow corn cut in half
Glacier FarmMedia – The United States threatened legal action Nov. 28 against Mexico’s plan to ban imports of genetically modified corn in 2024, saying it would cause huge economic losses […] Read more