Grain

EQS-News: BayWa AG expects earnings to improve in the financial year 2024

Retrieved on: 
Wednesday, April 10, 2024
IPP, Pressure, Farm, Growth, Grain, AG, Heat, Disease, Agriculture, CPO, Federation, Gardening, Building material, EnergySolutions, Sale, Food, Insurance, Wind, Independent power producer, Investment, Housing, Aquaculture, Electric vehicle, Crop protection, Lubricant, BayWa, Weather, Renewable energy

BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.

Key Points: 
  • BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
  • After deducting interest and tax, BayWa closed the past financial year with a loss of €93.4 million, down €332.9 million year on year.
  • “We are using 2024 for consolidation,” says Marcus Pöllinger, Chief Executive Officer of BayWa AG.
  • BayWa anticipates strong earnings growth in the current financial year, largely driven by a good apple harvest in New Zealand.

IMPROVING HEMP YIELDS TO INCREASE PROFTABILITY FOR FARMERS

Retrieved on: 
Thursday, April 4, 2024
Dicarboxylic acid, Farmer, Grain, Growth, Rotation, FHF, The Honourable, Economic development, CBD, Health Canada, FBN, Parity, Breeding, HGI, Farmers Business Network, Verve, Agriculture

During the five-year project, partners will work to position hemp as a protein-rich crop with increased yields and expanded ingredient and food usages.

Key Points: 
  • During the five-year project, partners will work to position hemp as a protein-rich crop with increased yields and expanded ingredient and food usages.
  • “Improving the yield of hemp increases the profitability of the crop, bringing benefit to farmers, while also bringing more healthy and sustainable high-protein options for ingredient manufacturers and food processors.”
    Fresh Hemp Foods, Farmer’s Business Network Canada and Verve are industry leaders in their respective fields.
  • FBN manages hybrid canola and hemp breeding programs and together with Verve has the largest hemp seed genetics portfolio in North America.
  • Fresh Hemp Foods, established in 1998, is a global leader in contract hemp production, food ingredient processing and hemp-based consumer packaged goods.

Yield10 Bioscience Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024
Research, USDA, Gene, Canadian Food Inspection Agency, Farmer, Grain, Tax, Webcast, BRS, PNT, Sale, Aviation, Biofuel, Yield10 Bioscience, Carbon, Genome, Michigan State University, EPA, Investment, RSR, Vision, DOE

WOBURN, Mass., April 01, 2024 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) ("Yield10" or the "Company"), an agricultural bioscience company, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • -Management will host a conference call today at 4:30 p.m. (ET) to review financial results and provide a corporate update
    WOBURN, Mass., April 01, 2024 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) ("Yield10" or the "Company"), an agricultural bioscience company, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • During the fourth quarter of 2023, research and development expense increased by $0.1 million from $1.9 million in the fourth quarter of 2022 to $2.0 million.
  • General and administrative expenses decreased by $0.1 million to $1.3 million during the fourth quarter of 2023, from $1.4 million during the fourth quarter of 2022.
  • Yield10 Bioscience management will host a conference call today at 4:30 p.m. (ET) to discuss the fourth quarter and full year 2023 results.

Grain Farmers of Ontario calls on Government to Exempt Food Production from the Carbon Tax

Retrieved on: 
Thursday, March 28, 2024
Farmer, Grain, Federation, Commons, Liberal, Easter, Carbon, House, Parliament, Government, Senate, Agriculture

Guelph, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Grain Farmers of Ontario, the province's largest commodity organization, representing Ontario's 28,000 barley, corn, oat, soybean and wheat farmers, today calls on the federal Liberal government to institute a grain drying exemption to the carbon tax ahead of the April 1, 2024 increase.

Key Points: 
  • Guelph, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Grain Farmers of Ontario, the province's largest commodity organization, representing Ontario's 28,000 barley, corn, oat, soybean and wheat farmers, today calls on the federal Liberal government to institute a grain drying exemption to the carbon tax ahead of the April 1, 2024 increase.
  • Despite the fact that farmers have no viable alternatives to dry grain and must use current technology to ensure that wet grain is dried, the federal government continues to burden farmers with this increasing tax.
  • Farmers are rightfully concerned that they are being penalized for drying their grain when they have no alternatives, and Canadians are rightly confused about why the government is adding costs to food production when there are lineups at food banks across the country," said Jeff Harrison, Chair, Grain Farmers of Ontario.
  • Grain Farmers of Ontario is the province's largest commodity organization, representing Ontario's 28,000 barley, corn, oat, soybean, and wheat farmers.

Miami International Holdings Announces Troy Kane Joins Executive Management Team as President of MGEX

Retrieved on: 
Tuesday, April 9, 2024
Citadel, MIH, BGC Partners, Minneapolis Grain Exchange, Grain, Growth, DePaul University, Finance, Citadel Securities, CME Group, Chicago Mercantile Exchange, FICC, Chicago Board of Trade, Roosevelt University, CME, MGEX, OTC, Commerce, Management

Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.

Key Points: 
  • Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.
  • "Troy brings a wealth of experience and expertise to his new role as the President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to the MIH executive management team," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH.
  • Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at Chicago Board of Trade.
  • Mr. Kane earned a bachelor's degree in commerce from DePaul University and a master's degree in business administration from Roosevelt University.

Miami International Holdings Announces Troy Kane Joins Executive Management Team as President of MGEX

Retrieved on: 
Tuesday, April 9, 2024
Citadel, MIH, BGC Partners, Minneapolis Grain Exchange, Grain, Growth, DePaul University, Finance, Citadel Securities, CME Group, Chicago Mercantile Exchange, FICC, Chicago Board of Trade, Roosevelt University, CME, MGEX, OTC, Commerce, Management

Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.

Key Points: 
  • Mark Bagan will continue as CEO of MGEX during a transition period after which time he is expected to continue with MGEX as Executive Vice Chairman of the Board.
  • "Troy brings a wealth of experience and expertise to his new role as the President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to the MIH executive management team," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH.
  • Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at Chicago Board of Trade.
  • Mr. Kane earned a bachelor's degree in commerce from DePaul University and a master's degree in business administration from Roosevelt University.

Moderate sales but improved margins for Canadian food and beverage manufacturers in 2024

Retrieved on: 
Tuesday, April 9, 2024
FCC, Meat, Pressure, Grain, Growth, Agriculture, Knowledge, Population growth, Food, Taste, Drink, Fruit, Habit, Optimism, Crown, Economics, Convenience food

Canada's food and beverage manufacturers face a mix of obstacles and optimism for profit margin improvements in the year.

Key Points: 
  • Canada's food and beverage manufacturers face a mix of obstacles and optimism for profit margin improvements in the year.
  • After hitting a record $165 billion in food and beverage manufacturing sales last year, 2024 is expected to see sales moderate in sync with slowing inflation and tighter household budgets.
  • "FCC Economics is projecting a slight decrease of 1.4 per cent in food and beverage manufacturing sales for 2024.
  • "While challenges persist, 2024 holds promise for Canadian food and beverage manufacturers," said Gervais.

BALCONES DISTILLING CELEBRATES THE SOLAR ECLIPSE WITH LAUNCH OF MIRADOR ECLIPSE AMERICAN SINGLE MALT

Retrieved on: 
Monday, April 8, 2024
Eclipse, Grain, Mirador, House, Beauty, Symbolism, Light, Heart, Entremet, Fruit, SRP, ABV

WACO, Texas, April 8, 2024 /PRNewswire/ -- Today Balcones Distilling proudly announces the launch of its latest whisky creation: Balcones Mirador Eclipse American Single Malt. Inspired by the extraordinary phenomenon of a solar eclipse, this limited edition release is a testament to the artistic whisky-making approach of Balcones and unwavering commitment to innovation and craftsmanship.

Key Points: 
  • With the award-winning, Waco-based distillery located in the heart of the eclipse's path of totality, the latest limited edition American Single Malt release is a celestial celebration of innovation
    WACO, Texas, April 8, 2024 /PRNewswire/ -- Today Balcones Distilling proudly announces the launch of its latest whisky creation: Balcones Mirador Eclipse American Single Malt.
  • Inspired by the extraordinary phenomenon of a solar eclipse, this limited edition release is a testament to the artistic whisky-making approach of Balcones and unwavering commitment to innovation and craftsmanship.
  • With an ABV of 55% and a 750mL bottle, Mirador Eclipse embodies the spirit of Texas in every sip.
  • For more information on Balcones Distilling and Balcones Mirador Eclipse, and where to purchase your own whisky, visit BalconesDistilling.com .

Press release - Deal on trade support for Ukraine with more protection for EU farmers

Retrieved on: 
Tuesday, April 9, 2024
ATM, Deep, Farmer, Grain, Face, Aggression, EPP, Poultry, Parliament, Commission, Council, Honey, European Commission

These unilateral trade liberalisation measures will help stabilise the Ukrainian economy and facilitate the country’s gradual integration into the EU’s internal market.

Key Points: 
  • These unilateral trade liberalisation measures will help stabilise the Ukrainian economy and facilitate the country’s gradual integration into the EU’s internal market.
  • Quote
    Rapporteur Sandra Kalniete (EPP, LV) said: "The ripple effects of Russia's relentless targeting of Ukraine and its economy are being felt by EU farmers.
  • Under this new agreement with the Council, we have fortified safeguards to protect EU farmers in case of market turbulence sparked by Ukrainian imports.
  • The current trade measures expire on 5 June 2024, and new regulations should enter into force immediately following this date.

Nasoya Celebrates Plant-Based for Earth Day; Launches Limited-Edition Tofu Packaging Available Throughout April

Retrieved on: 
Monday, April 1, 2024
Attention, Taste, Grain, Earth Day, Marketing communications, Nature, Marketing, Salad, Pulmuone, Lead, Meal, Convenience food

and FULLERTON, Calif., April 1, 2024 /PRNewswire/ -- Nasoya , the nation's number one brand of tofu and pioneer in the plant-based foods revolution, is introducing a limited-edition packaging redesign in honor of Earth Day.

Key Points: 
  • and FULLERTON, Calif., April 1, 2024 /PRNewswire/ -- Nasoya , the nation's number one brand of tofu and pioneer in the plant-based foods revolution, is introducing a limited-edition packaging redesign in honor of Earth Day.
  • enjoying nature and highlights Nasoya's organic tofu products, including Super Firm, Extra Firm, Firm and Silken varieties, as more sustainable sources of protein.
  • We're excited to unveil our limited-edition Earth Day packaging to draw additional attention to all the possibilities and benefits tofu has to offer."
  • Nasoya is also hosting a giveaway, offering tofu fans a chance to win an exclusive kit packed with eco-friendly essentials.