Business & Markets: Page 157

Mergers & Acquisitions

Bunge, Viterra merge to form $34B agribusiness

As part of the $18 billion deal, Bunge shareholders will own about 70% of the combined company.

Brand Insights

5 Ways to Prepare your Facility for AI Implementation

Easy Automation, Inc.

Learn five key areas to target when laying the groundwork for a potential AI implementation at your facility. Brand Insights from Easy Automation, Inc.

Company News

Russia's VTB to sell grain trader Demetra-Holding

Country's second largest bank has decided to sell its 45% stake in the grain company and is looking at foreign and domestic buyers.

Commodities

Numbers show US is a grain production powerhouse [Infographic]

This infographic illustrates 2022 USDA reports on corn, barley, sorghum and feed grains in the U.S.

Mergers & Acquisitions

Report: Bunge sealing $30+ billion merger with Viterra

Talks to merge the two companies were announced May 25.

Legislative News

AQUAA Act would increase US offshore aquaculture

Bill that would provide necessary regulatory framework reintroduced in US Senate

Legislative News

Bill would streamline FDA approval of feed additives

Bipartisan legislation introduced in US Senate to establish a new pathway at the US Food and Drug Administration for novel feed additives that increase livestock efficiency and production.

Company News

DSM-Firmenich alleges patent infringement, takes legal action

Company has initiated legal action against a Chinese supplier and intermediate manufacturer of biotin

Legislative News

ADM soybean plant fined $20K for violating air quality regulations

According to an administrative consent order, the company's Des Moines soybean facility exceeded allowable volumes of particulate matter and volatile organic compounds.

Grain Trade & Export

China soybean imports hit record 12M tonnes in May

Soybean arrivals for the first five months were up 11.2% year-on-year.

Commodities

Corn crop condition declines with dry weather

USDA: Weekly export inspections of corn fell to 1.180 million tonnes from 1.346 million tonnes the prior week.

Grain Processing

Summit partners with ethanol plant on carbon capture project

Absolute Energy in Saint Ansgar, Iowa, is the latest company to join Summit's carbon capture and storage project.

Legislative News

FDA to bring last set of antibiotics under vet oversight

Final 4% of drugs identified as medically important oversight will transition to prescription-only status this month.

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