Post Archive

Ocado buys two U.S. robotic companies for $287M

Ocado said it has agreed to buy San Francisco-headquartered robotics firm Kindred Systems for $262m in cash and Las Vegas firm Haddington Dynamics for $25m in cash and shares.
November 03 , 2020

Hurricane Eta bears down on Central America

Eta is projected to hit Nicaragua, before moving northward to Honduras and Guatemala. Costa Rica and Panama, two of the region's biggest banana and pineapple exporters, are not expected to be heavily impacted.
November 03 , 2020

U.S. Labor Department overhauls H-2A wage methodology in victory for farmers

The U.S. Department of Labor has announced a final rule that will allow farms that use H-2A workers to pay lower wages, in a major victory for U.S. farmers who have long complained of labor high costs.
November 03 , 2020

Tim York announced as new CEO of California Leafy Greens Marketing Agreement

York was named as the new Chief Executive Officer of the California Leafy Greens Marketing Agreement (LGMA) and will replace Scott Horsfall who is retiring in early 2021.
November 02 , 2020

Latin America’s fresh produce exports unscathed by Covid-19

Two affiliates of the Duke Center for International and Global Studies explained the reasons why Latin America was able to protect its fresh produce exports during the pandemic - and even in some cases increase them.
November 02 , 2020

FDA announces two E. coli outbreaks with genetic links to past romaine events

However, the organization says that a specific food product has not yet been identified for the two outbreaks which have so far led to at least one reported death.
October 29 , 2020

U.S. approves use of Bayer weed killer for five years

The U.S. Environmental Protection Agency said on Tuesday it will allow farmers to spray crops with weed killers based on the chemical dicamba that are sold by Bayer AG and other companies, after a U.S. appeals court blocked sales in June.
October 29 , 2020

Del Monte posts flat Q3 and announces $100M asset sale

Del Monte also announced the sale of "non-strategic and under-utilized assets" for a total anticipated cash amount of approximately $100m, which the company expects to achieve over the next 12 to 18 months. 
October 29 , 2020

Packaged salads, berries and apples drive Q3 organic fresh produce growth

July-September sales increased 16 percent and volume up 15 percent from the same period in 2019, according to the Q3 2020 Organic Produce Performance Report.
October 29 , 2020

Shipping companies expect U.S. import binge to lose steam

Container shipping companies got stung late last year and early this year when the pandemic halted trade around the world, and they question whether the U.S. import boom can be sustained.
October 28 , 2020

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