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Wednesday, September 14, 2022
US poultry workers await approval for US$85 million antitrust deal
A class of present and former poultry employees, who alleged major US chicken processors such as Sanderson Farms, Wayne Farms, and Cargill conspired to suppress wages, has petitioned a federal court in Maryland to accept US$84.8 million in ...
Wednesday, September 14, 2022
Major Norwegian fisheries pay US$85 million price fixing settlement
Major Norwegian fisheries are now free from antitrust litigation relating to their alleged scheme to fix the price of farm-raised Atlantic salmon, following approval of their US$85 million settlement with salmon processors and other direct ...
Monday, September 12, 2022
Hawaii, US aquaculture industry reaches US$79.7 million in sales in 2021
The aquaculture industry in Hawaii, the United States, produced a record US$79.7 million in sales last year, fueled in large part by algae farms.
Monday, September 5, 2022
USDA announces US$21.9 million in additional grants
The United States Department of Agriculture's (USDA) Agricultural Marketing Service (AMS) announced on August 31 an additional US$21.9 million of funding being awarded to 111 grant projects through the Meat and Poultry Inspection Readiness ...
Friday, September 2, 2022
Norway-based Aquaticode raises $6 million in first external funding round
Aquaticode, a Norway-based tech developer that identifies performance traits across multiple farmed fish species to boost production, has raised $6 million in its first external funding round.
Wednesday, August 31, 2022
Nigeria expected to produce 2.5 million tonnes of aquaculture fish annually
Experts from the University of Stirling's Institute of Aquaculture (UK) used scenario analysis to determine how Nigeria can achieve its goal of producing 2.5 million tonnes of farmed fish annually, Fish Information & Services reported.
Wednesday, August 31, 2022
Danish aquaculture startup raises US$1 million to commercialise system for monitoring shrimp
Sincere Aquaculture, a Danish startup, has raised €1 million (US$1 million) in a bid to commercialise an affordable system that will allow shrimp farmers to monitor the biomass and health of their stock.
Tuesday, August 30, 2022
Betagro reportedly planning US$554 million IPO
Thai integrated food producer Betagro is said to be planning a ฿20 billion (US$554 million) initial public offering, which could be Thailand's second largest public listing this year, Bloomberg reported on August 23.
Tuesday, August 30, 2022
Brazil's grain, oilseed harvest in 2022/23 to hit 308 million tonnes
Brazil's CONAB anticipated that the country's 2022/23 grain and oilseed harvest would reach 308 million tonnes, due to positive performance and strong international demand for corn, soybean, rice, beans and cotton.
Monday, August 29, 2022
Norway's Artec Aqua in US$175.1 million-plus deal to set up land-based salmon farm in Iceland
Artec Aqua, a Norwegian based turnkey supplier for onshore aquaculture, has signed a £150 million-plus (US$175.1 million) deal to build a large land-based salmon farm in Iceland.
Monday, August 29, 2022
Canada provides $45 million funding to support pork industry in fighting ASF
Canada is investing $45 million to help its pork industry deal with a potential outbreak of African swine fever (ASF).
Thursday, August 25, 2022
Abu Dhabi, UAE, to vaccinate 2.1 million animals in latest campaign
Abu Dhabi, the United Arab Emirates, is set to vaccination 2.1 million animals as part of its 14th annual livestock vaccination campaign, the Abu Dhabi Agriculture and Food Safety Authority (Adafsa) announced.
Tuesday, August 23, 2022
Tyson Foods invests US$200 million in Texas, US beef plant
Tyson Foods announced on August 18 the company will invest US$200 million at its Amarillo, Texas, US beef plant to expand and upgrade operations and build a new team member well-being area.
Tuesday, August 23, 2022
Vietnam aims to produce 5.6 million tonnes of farmed seafood yearly by 2025
Vietnam has rolled out a plan to significantly increase its aquaculture production.
Monday, August 22, 2022
World Bank's International Finance Corp to buy US$25.6 million worth of bond from Vietnamese pork producer
The World Bank's International Finance Corp will buy ₫600 billion ($25.6 million) worth of convertible bond to be issued by Vietnamese pork producer and feed mill operator BaF.
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