Grain

EQS-News: Q2 2023/24: Verbio holds its own in a volatile market environment

Retrieved on: 
Thursday, February 8, 2024

In doing so Verbio generated Group revenue of EUR 908.9 million in the 1 HY 2023/24 (1 HY 2022/23: EUR 1,077.7 million).

Key Points: 
  • In doing so Verbio generated Group revenue of EUR 908.9 million in the 1 HY 2023/24 (1 HY 2022/23: EUR 1,077.7 million).
  • In addition, Verbio was able to increase the production volume of biomethane to 275.9 GWh in Q2 2023/24, from 261.1 GWh in Q2 2022/23.
  • As a result, Verbio generated an EBITDA of EUR -5.2 million (Q2 2022/23: EUR 1.7 million).
  • Verbio invested EUR 54.2 million in property, plant and equipment in the second quarter of 2023/24 (Q2 2022/23: EUR 52.0 million).

Worksport Reports 2,050% Increase in Q4 2023 YOY Revenue, Following a 2,400% YOY Q3 Revenue Advance

Retrieved on: 
Tuesday, February 6, 2024

This followed another momentum-related YOY increase when revenue in Q3 FY2023 increased approximately 2,400%, with revenues rising to US$458,483 when compared with US$18,350 in Q3 FY2022.

Key Points: 
  • This followed another momentum-related YOY increase when revenue in Q3 FY2023 increased approximately 2,400%, with revenues rising to US$458,483 when compared with US$18,350 in Q3 FY2022.
  • As a reflection of Worksport’s on-going production ramp-up and projected sales, the Company enjoyed an 83% quarter-to-quarter increase in North American revenues to US$839,716 in Q3 2023, compared with US$458,483 in Q3 2023.
  • “Management anticipates revenues continuing to multiply into 2024 and beyond,” said Worksport CEO Steven Rossi.
  • During Q4 2023, the Company completed and launched a second production line in its state-of-the art 220,00 sq.

CN Announces Fourth Quarter and Year-End Results

Retrieved on: 
Tuesday, January 23, 2024

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2023.
  • For the fourth quarter, the Company delivered diluted earnings per share (EPS) of C$3.29, an increase of 57% and adjusted diluted EPS of C$2.02, a decrease of 4%.
  • (1) Operating ratio for the fourth quarter increased by 1.4-points to 59.3%.
  • (1)
    Operating performance improved across most measures in the fourth quarter of 2023 when compared to the same period in 2022.

Unique collaboration to produce bread with lower carbon footprint in Norway

Retrieved on: 
Monday, January 22, 2024

Reitan Retail, Norgesmøllene, Felleskjøpet Agri and Yara have entered a collaboration to produce a bread, made from Norwegian oats, with lower carbon footprint.

Key Points: 
  • Reitan Retail, Norgesmøllene, Felleskjøpet Agri and Yara have entered a collaboration to produce a bread, made from Norwegian oats, with lower carbon footprint.
  • Oats will be the first available product, with between 25-30 percent lower carbon footprint than regular oats produced with traditional mineral fertilizers.
  • "Our ambition is to make bread with a lower carbon footprint, that is also healthy, tasty and affordable.
  • Tools to measure the carbon footprint will help raise awareness of products’ carbon footprint, the climate impact of food production and give farmers and food producers opportunities to reduce their carbon footprint.

Elmhurst® 1925 Launches The First Ever Plant-Based Sour Cream In A Pouch

Retrieved on: 
Monday, January 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240129961843/en/
    Elmhurst® 1925 Launches The First Ever Plant-Based Sour Cream In A Pouch (Photo: Business Wire)
    As Elmhurst grows its plant-based offerings, a dairy-free sour cream alternative is a natural next addition to its product line-up.
  • Made with minimal ingredients, without sacrificing flavor or texture, this is a 1-to-1 replacement for dairy-based sour cream that can level up every dip, potato, and taco just as well as the traditional sour cream you know and love.
  • The squeezable pouch provides a mess-free, dairy-free, low-sodium sour cream alternative – making this plant-based Sour Cream tastier, easier and more convenient than ever.
  • Clean-label connoisseurs will be proud to dollop, cook and bake with Elmhurst Sour Cream.

Daily Harvest Supports Heart & Brain Health by Joining the American Heart Association's Life Is Why Campaign

Retrieved on: 
Monday, January 29, 2024

NEW YORK, Jan. 29, 2024 /PRNewswire/ -- Daily Harvest, the company on a mission to make it easy to eat more sustainably-grown fruits and vegetables, is proud to announce its support of the American Heart Association's Life Is Why™ campaign, which inspires consumers to celebrate their reasons to live healthier, longer lives – by giving. Starting now through Oct. 31, 2025, Daily Harvest will donate $20 to the Association's life-saving work for every customer who buys the brand's new Love Your Heart Collection.

Key Points: 
  • Starting now through Oct. 31, 2025, Daily Harvest will donate $20 to the Association's life-saving work for every customer who buys the brand's new Love Your Heart Collection .
  • The collection includes Daily Harvest's recent innovations, including hearty Pastas and nourishing Grains , and makes it easy to eat in a way that supports heart health.
  • "We are thankful for Life is Why retailer, Daily Harvest, for their support of our mission and work to bring health and hope to everyone, everywhere."
  • To order Daily Harvest's Love Your Heart Collection benefiting the American Heart Association, click here and to learn more about the Life is Why campaign, visit heart.org/lifeiswhycampaign .

SenesTech Signs Poppe Enterprises for Evolve™ Distribution in Grain Management Market

Retrieved on: 
Monday, January 29, 2024

Poppe Enterprises will be a stocking distributor for Evolve™ soft bait and has placed its initial stocking order.

Key Points: 
  • Poppe Enterprises will be a stocking distributor for Evolve™ soft bait and has placed its initial stocking order.
  • Joel Fruendt, SenesTech's President and CEO, said: "Grain storage operations have unique challenges when it comes to rodent pest control.
  • "We are partnering with a leader and innovator in grain management and pest control, Poppe Enterprises.
  • Poppe Enterprises has a keen focus on innovation, safety, and sustainability, and a strong reputation in this substantial market.

Barchart and AgVision Announce Integration Partnership for Digital Agriculture

Retrieved on: 
Thursday, January 18, 2024

Through this partnership, AgVision will seamlessly integrate their grain accounting software solutions into Barchart's elevator-branded Marketplace mobile apps and online grower portals.

Key Points: 
  • Through this partnership, AgVision will seamlessly integrate their grain accounting software solutions into Barchart's elevator-branded Marketplace mobile apps and online grower portals.
  • This integration will facilitate secure real-time access to critical producer data, including scale tickets and contracts, delivered directly to growers' mobile phones.
  • "We're excited to partner with AgVision to help our mutual agribusinesses customers connect more effectively with their growers through streamlined access to personalized grain accounting data," said Barchart CEO Mark Haraburda.
  • To learn more about these solutions or to join our network of agribusiness clients and service providers, please contact us today .

Wheat Pool 2.0: The time might be ripe for a revival of Prairie co-ops

Retrieved on: 
Wednesday, January 17, 2024

The Saskatchewan Wheat Pool, the once-mighty agricultural co-operative that became Viterra, is remembered by its iconic, but decaying, grain elevators that still dot much of the province’s rural landscape.

Key Points: 
  • The Saskatchewan Wheat Pool, the once-mighty agricultural co-operative that became Viterra, is remembered by its iconic, but decaying, grain elevators that still dot much of the province’s rural landscape.
  • Others come only after a raw, hard struggle, a grim rancher straining to pull the calf from a desperate cow.
  • Others come only after a raw, hard struggle, a grim rancher straining to pull the calf from a desperate cow.
  • Bunge, headquartered in Missouri, wants more of it; the wheat pool founders, based all over the province, wanted some of it.

Increasingly consolidated industry

  • The top five companies already control 90 per cent of the global grain trade; six of them sell 70 per cent of all agrochemicals and four of those also sell 60 per cent of all the seed.
  • Farmers owing money on contracts they were unable to fulfill because of events out of their control.

The view from Australia

  • To get a glimpse into what was lost when the Wheat Pool became Viterra, we can look to Australia.
  • Like Canada, farmers in Australia no longer have a national wheat marketing board.
  • Unlike in Canada, however, Australian farmers held on to their co-operative grain handling company, Co-operative Bulk Handling (CBH).


As a result, CBH says average post-farmgate costs for its members are 15 per cent lower than for Australian farmers who rely on multinational corporations — including companies like Bunge and Viterra — for storage, movement, marketing and export. Through CBH, Australian farmers don’t just have a powerful corporate entity looking out for their financial interests, but a company that can help them navigate government lobbying and relationships with agricultural input providers and their growing arsenal of data being used to power artificial intelligence applications.

Co-operative green shoots

  • While there are places in rural Prairies Canada that are prospering — especially those proximate to urban centres — the long-term trends remain.
  • But while perhaps dormant, the co-operative impulse is not gone and may indeed be ripe for a reawakening.
  • He is a fourth-generation farmer, small-business owner and director on the board of the Agricultural Producers Association of Saskatchewan.


Marc-Andre Pigeon receives funding from the co-operative and credit union sectors as well as funding from government funding bodies for his research into co-operatives and credit unions. Natalie Kallio receives funding from the co-operative and credit union sectors as well as from government funding bodies for research into co-operatives.

Global Level Sensor Market Size, Share & Trends Analysis Report 2023-2030: Market Anticipates Robust Growth, Driven by Technological Advances in MEMS and Nanotechnology

Retrieved on: 
Monday, January 15, 2024

The global level sensor market size is anticipated to reach USD 8.37 billion by 2030, expanding at a CAGR of 7.3% over the forecast period.

Key Points: 
  • The global level sensor market size is anticipated to reach USD 8.37 billion by 2030, expanding at a CAGR of 7.3% over the forecast period.
  • Programmable measuring instruments and specialized accessories are likely to drive the level sensor market demand over the forecast period.
  • Level Sensor Market: Movement & Market Share Analysis, 2022 & 2030
    5.2.
  • Level Sensor Market: Movement & Market Share Analysis, 2022 & 2030