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AI could pose risk for food and ag companies
ADM and other businesses are disclosing potential pitfalls of artificial intelligence as the technology becomes more essential for growth.
By Nathan Owens • Aug. 22, 2024 -
Hormel taps former Applegate president to lead retail division
The appointment of John Ghingo comes as the company plans to double down on its snacking business amid volatility in the turkey sector.
By Chris Casey • Aug. 22, 2024 -
Trendline
Top 5 stories from Agriculture Dive
Declining farm income and other production challenges have pushed farmers to rethink their operations and adopt new technology in a bid to diversify potential revenue streams.
By Agriculture Dive staff -
Pilgrim’s Pride to pay chicken farmers $100M in record price-fixing settlement
The poultry processor, along with rivals Tyson and Perdue Farms, was accused of conspiring to suppress broiler grower compensation nationwide.
By Chris Casey • Aug. 21, 2024 -
Louis Dreyfus forms dedicated pulses unit
The processor is capitalizing on global demand for beans, peas, chickpeas and lentils, which have gained prominence as a meat alternative.
By Sarah Zimmerman • Aug. 21, 2024 -
Farm groups pressure Canada’s government to prevent rail shutdown
A work stoppage at the country’s main railroads would create extensive disruption for grain farmers and U.S. agriculture, stakeholders say.
By Larry Avila , Sarah Zimmerman • Aug. 21, 2024 -
Rebuilding the US cattle herd could take years, analyst says
Strong cattle prices are encouraging ranchers to sell rather than retain their animals despite feed cost and pasture improvements.
By Nathan Owens • Aug. 20, 2024 -
These farmers didn’t know their land was contaminated with PFAS. Now they’re suing.
Some states are ordering farms to stop selling their products after testing positive for the “forever chemicals.”
By Leah Borts-Kuperman and Sarah Zimmerman • Aug. 20, 2024 -
Column
Agtech seedlings: Cargill tests irrigation tech on cotton fields
Also in this week's farm technology news: Suzano invests in agtech for eucalyptus farming, and rock-picking startup TerraClear picks a Farmer Business Network exec to be its next CEO.
By Sarah Zimmerman • Aug. 16, 2024 -
Deere earnings beat expectations following layoffs
Despite declining profits in the third quarter, the manufacturer is positioning itself ahead of industry competitors through steep production cuts.
By Nathan Owens • Aug. 16, 2024 -
Canada rail embargoes intensify ahead of potential work stoppage
If a labor deal isn’t reached before Aug. 22, it could be the first time that both of the country’s major railroads are simultaneously shut down.
By Larry Avila • Aug. 16, 2024 -
Cargill revenue falls, breaking two-year record earnings streak
Slumping commodity prices are pressuring the world's largest grain trader, which is reportedly planning to restructure operations.
By Sarah Zimmerman • Aug. 15, 2024 -
The 4 types of agtech startups attracting venture investment
Despite a tough funding environment, companies that address farm profitability and sustainability have remained somewhat resilient in this year's second quarter, according to Pitchbook.
By Sarah Zimmerman • Aug. 14, 2024 -
Tyson cuts more jobs at North Carolina chicken plant
The meat processing giant is initiating another round of layoffs at its Wilkesboro facility to support demand for fully-cooked products.
By Nathan Owens • Aug. 14, 2024 -
States press EPA for pesticide rule that would shield Bayer from glyphosate lawsuits
The Roundup maker has embarked on an aggressive state and federal lobbying campaign as it looks to stem financial fallout from thousands of claims alleging the herbicide causes cancer.
By Sarah Zimmerman • Aug. 12, 2024 -
Nutrien taps new CFO as fertilizer profits decline
Mark Thompson, who joined the company in 2011, has held various business executive roles, overseeing commercial development and integration activities.
By Nathan Owens • Aug. 12, 2024 -
Agco top shareholder explores board changes in escalating power struggle
India-based TAFE is calling for a strategic refresh, expressing "serious concerns" with the manufacturer's acquisition-based growth strategy.
By Sarah Zimmerman • Aug. 9, 2024 -
Column
Agtech seedlings: Plant communication technology gets big funding boost
Also in this week’s farm technology news: Tanzanian espresso farmers team with researchers on precision tech, and a new insect plant in Canada showcases the future of protein production.
By Leah Borts-Kuperman • Aug. 9, 2024 -
USDA overhauls lending programs to expand access for farm loans
The updates, which include repayment flexibility and lower security requirements, are “some of the most significant changes” to the Farm Service Agency in the last 40 years.
By Sarah Zimmerman • Aug. 8, 2024 -
Tyson taps new president of international sales
Devin Cole, who recently rejoined the company to lead its global McDonald’s business, is taking over responsibilities from Amy Tu, who is retiring.
By Nathan Owens • Aug. 8, 2024 -
Deere joins White House initiative to strengthen supply chains
A federal freight data-sharing platform now has 80 members, according to the Department of Transportation.
By Alejandra Carranza • Aug. 7, 2024 -
Tyson profits soar after ‘remarkable turnaround’ in chicken
Operational efficiencies following a string of cost-cutting pushed third quarter earnings for the nation’s largest meat company higher than executives expected.
By Nathan Owens • Aug. 5, 2024 -
Corteva’s seed innovation pipeline boosts sales
In a tough economic environment, farmers are choosing to invest in seeds over pesticides and herbicides.
By Sarah Zimmerman • Aug. 5, 2024 -
How climate change is threatening popular food ingredients
Rising global temperatures and devastating weather events are jeopardizing popular flavors including vanilla and lavender.
By Elizabeth Flood • Aug. 5, 2024 -
Pilgrim’s eyes acquisitions as chicken profits soar
The JBS-owned poultry giant is seeing rising demand from fast-food restaurants and grocery stores with consumers viewing chicken as an affordable option.
By Sarah Zimmerman • Aug. 2, 2024 -
CNH’s new CEO designates agriculture a core business amid market challenges
The tractor maker is also building out its leadership team again to address sales headwinds as demand wanes.
By Nathan Owens • Aug. 1, 2024