Soybean

Grains Innovation Fund Reaches its 15th Year, Open for Applications

Retrieved on: 
Wednesday, August 23, 2023

Guelph, Ontario, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Grain Farmers of Ontario, the province's largest commodity organization, representing Ontario's 28,000 barley, corn, oat, soybean, and wheat farmers, is now accepting applications for the 2024 Grains Innovation Fund.

Key Points: 
  • Guelph, Ontario, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Grain Farmers of Ontario, the province's largest commodity organization, representing Ontario's 28,000 barley, corn, oat, soybean, and wheat farmers, is now accepting applications for the 2024 Grains Innovation Fund.
  • "This year marks the 15th anniversary of the Grains Innovation Fund.
  • "Grains Innovation Fund projects continue to break new ground and help drive the market reach and use of Ontario's exceptional grain products."
  • Applications for the 2024 Grains Innovation Fund must be must be submitted by email to [email protected] by 4 p.m. on November 3, 2024.

butter LONDON Introduces Chelsea Blooms, an Indulgent Manicure Candle with a Refreshing Scent of Fresh Florals and Warm Spices for the Perfect Me-Time Experience

Retrieved on: 
Monday, August 21, 2023

ATLANTA, Aug. 21, 2023 /PRNewswire-PRWeb/ -- "Chelsea Blooms is the second iteration of our treatment candle that was a phenomenal success last holiday season," says Julie Campbell, Executive Vice President and CMO. "It is the perfect product for self care at home and makes a unique gift for upcoming holidays. We created a skin-softening treatment that hit on all of the senses of feel good beauty for a truly indulgent experience."

Key Points: 
  • Beauty and nail care brand butter LONDON has announced its newest indulgent launch, the Chelsea Blooms Manicure Candle Intensive Nail & Skin Treatment Candle!
  • This skin-softening manicure candle features a fresh floral scent with comforting warm notes making it the perfect candle for a luxurious at-home spa day.
  • We created a skin-softening treatment that hit on all of the senses of feel good beauty for a truly indulgent experience."
  • Chelsea Blooms is an Intensive Nail & Skin Treatment Candle that upgrades at-home manicures with a soothing scent.

Pattern Ag amplifies analytics tool to predict the presence of foliar diseases in corn and soybeans

Retrieved on: 
Thursday, August 17, 2023

EMERYVILLE, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Pattern Ag, the leader in Predictive Ag technology, announced the addition of corn and soybean foliar diseases to its groundbreaking Complete Bio Panel for fall 2023.

Key Points: 
  • EMERYVILLE, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Pattern Ag, the leader in Predictive Ag technology, announced the addition of corn and soybean foliar diseases to its groundbreaking Complete Bio Panel for fall 2023.
  • U.S. farmers lose an average of 2 billion bushels of corn and 350 million bushels of soybeans yearly to pests and pathogens.
  • With the new analytics in the Complete Bio Panel, Pattern Ag can help farmers predict and prevent more than 70% of those losses.
  • Pattern Ag uses analytics to help farmers optimize their spending on crop protection, seed selection, and fertility inputs while improving the long-term productivity of their land.

Moolec Science Presents 'Piggy Sooy', a Soybean Platform That Can Produce Significantly High Amounts of Pork Proteins

Retrieved on: 
Tuesday, June 27, 2023

The animal protein reached a high expression level up to 26.6% of total soluble protein in soy seeds, 4x higher than initially projected by the Company.

Key Points: 
  • The animal protein reached a high expression level up to 26.6% of total soluble protein in soy seeds, 4x higher than initially projected by the Company.
  • After this achievement, the Company's soybean platform was renamed "Piggy Sooy".
  • With this groundbreaking achievement, Moolec consolidates its position as a category creator and a pioneer in Molecular Farming for the food industry.
  • Moolec Science is producing several meat proteins in plants as functional ingredients to improve the taste, appearance, texture, and nutrition of meat alternatives.

ICL Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023

Net financing expenses for the second quarter of 2023 were $49 million, up versus $14 million in the corresponding quarter of last year.

Key Points: 
  • Net financing expenses for the second quarter of 2023 were $49 million, up versus $14 million in the corresponding quarter of last year.
  • Tax expenses in the second quarter of 2023 were $84 million, reflecting an effective tax rate of 33%, compared to $540 million in the corresponding quarter of last year.
  • In connection with ICL’s second quarter 2023 results, the Board of Directors declared a dividend of 6.32 cents per share, or approximately $81 million, versus 29.18 cents per share, or approximately $375 million, in the second quarter of last year.
  • The dividend will be payable on September 13, 2023, to shareholders of record as of August 30, 2023.

Franklin Farms Transforms Traditional Tempeh with Launch of Soy-Free Chickpea Tempeh

Retrieved on: 
Tuesday, August 8, 2023

PARSIPPANY, N.J., Aug. 8, 2023 /PRNewswire-PRWeb/ -- Franklin Farms®, a division of Keystone Natural Holdings, recently introduced its latest plant-based offering with the launch of Chickpea Tempeh. This new plant-based product offers vegetarians, vegans and all food lovers a soy-free option that is rich in flavor and packed full of nutritious benefits. Franklin Farms Chickpea Tempeh recently launched at Price Chopper and Market 32 stores in the Northeast.

Key Points: 
  • Franklin Farms®, a division of Keystone Natural Holdings, recently introduced its latest plant-based offering with the launch of Chickpea Tempeh.
  • PARSIPPANY, N.J., Aug. 8, 2023 /PRNewswire-PRWeb/ -- Franklin Farms®, a division of Keystone Natural Holdings, recently introduced its latest plant-based offering with the launch of Chickpea Tempeh.
  • Inspired by traditional soy tempeh, Franklin Farms Chickpea Tempeh provides 9g of protein and 9g of dietary fiber per serving.
  • "Like our chickpea tofu, Franklin Farms Chickpea Tempeh is a highly versatile meal solution that can be prepared and enjoyed in a variety of cuisines," said Cindy Wong, Vice President of Sales, Franklin Farms.

Surimwon Agricultural Corporation Co., Ltd., which was finally selected for the support project by the Ministry of SMEs and Startups, launched 'BomChoYu Fish Soy Sauce'

Retrieved on: 
Monday, August 7, 2023

SEOUL, South Korea, Aug. 7, 2023 /PRNewswire/ -- The Ministry of SMEs and Startups selected 30 companies to participate in this year's Social Economy Enterprise Growth Support Project on the 18th, while Surimwon Agricultural Company, a food company, was finally selected as one of the top 30 companies.

Key Points: 
  • SEOUL, South Korea, Aug. 7, 2023 /PRNewswire/ -- The Ministry of SMEs and Startups selected 30 companies to participate in this year's Social Economy Enterprise Growth Support Project on the 18th, while Surimwon Agricultural Company, a food company, was finally selected as one of the top 30 companies.
  • The newly launched Spring Choyeo Soy Sauce by Surimwon Agricultural Corporation uses anchovies and fermented soybeans made from Korean soybeans in spring and early summer, making it clear, transparent, and fishy, and it is easy to cook with a sauce for roasting, seaweed soup, seasoned vegetables, or cooking that is a mother's concern.
  • Located in Nonsan, Chungcheongnam-do, Surimwon Agricultural Corporation produces and distributes a number of traditional Korean foods such as red pepper paste, salted anchovies, and salted shrimp, and manufactures all products with the best natural ingredients.
  • This item can be purchased here: https://www.ebay.com/itm/114543764965

American Financial Group, Inc. Announces Second Quarter Results

Retrieved on: 
Wednesday, August 2, 2023

Second quarter 2023 gross and net written premiums were up 12% and 10%, respectively, when compared to the second quarter of 2022.

Key Points: 
  • Second quarter 2023 gross and net written premiums were up 12% and 10%, respectively, when compared to the second quarter of 2022.
  • The Property and Transportation Group reported an underwriting profit of $32 million in the second quarter of 2023, compared to $39 million in the second quarter of 2022.
  • Catastrophe losses in this group were $15 million in the second quarter of 2023, compared to $19 million in the second quarter of 2022.
  • The Specialty Financial Group reported an underwriting profit of $10 million in the second quarter of 2023, compared to $37 million in the second quarter of 2022.

Non-GMO High Oleic Soybean Production Expands to New York and Ohio

Retrieved on: 
Thursday, July 27, 2023

ST. LOUIS, July 27, 2023 /PRNewswire/ -- A new licensing agreement between the Missouri Soybean Merchandising Council (MSMC) and seed company SEEDWAY will increase the supply and availability of heart-healthy high oleic soybean oil through the expansion of SOYLEIC® soybean production in New York and Ohio. This new license is a major step forward for SOYLEIC® soybean production and availability, making non-GMO high oleic soybean oil more accessible across the U.S., meeting increasing demands for higher-performing oils.

Key Points: 
  • ST. LOUIS, July 27, 2023 /PRNewswire/ -- A new licensing agreement between the Missouri Soybean Merchandising Council (MSMC) and seed company SEEDWAY will increase the supply and availability of heart-healthy high oleic soybean oil through the expansion of SOYLEIC® soybean production in New York and Ohio.
  • This new license is a major step forward for SOYLEIC® soybean production and availability, making non-GMO high oleic soybean oil more accessible across the U.S., meeting increasing demands for higher-performing oils.
  • High oleic soybean oil boasts many benefits when compared to conventional oils and brings many attractive traits to the table.
  • And while there are other high oleic soybean varieties on the market, SOYLEIC® is currently the only non-GMO option available.

Why Russia pulled out of its grain deal with Ukraine – and what that means for the global food system

Retrieved on: 
Wednesday, July 19, 2023

The Russia-Ukraine grain deal that has been critical to keeping global food prices stable and preventing famine is currently in tatters.

Key Points: 
  • The Russia-Ukraine grain deal that has been critical to keeping global food prices stable and preventing famine is currently in tatters.
  • So, what is the grain deal, and why is it so important to the global food supply chain?

What makes Ukraine such an important part of the global food supply chain?

    • More than 400 million people relied on foodstuffs from Ukraine before Russia invaded Ukraine in February 2022.
    • One key reason for that is Ukraine has approximately one-third of the world’s most fertile soil, which is known as chernozem, or black soil.

What happened when war broke out?

    • Even before the war, famine was increasing across the globe.
    • Other researchers have suggested global hunger is the highest it’s been since at least the early 2000s.

How did the grain deal come about?

    • The U.N. and Turkey brokered what is officially known as the Black Sea Grain Deal with Ukraine and Russia on July 22, 2022.
    • While the original agreement was to last 120 days, it has been extended several times since.
    • Ukraine has exported more than 32 million tons of food products through the Black Sea since August 2022.
    • The U.N. has estimated that the grain deal has reduced food prices by more than 23% since March 2022.

Why is the Black Sea so important for Ukrainian exports?

    • Before the war, 90% of Ukraine’s agricultural exports were transported on the Black Sea.
    • While Ukraine also ships its grain and other food over land through Europe, doing so costs a lot more and takes more time than sea exports.

Why did Russia say it’s pulling out of the deal?

    • Over the following two days, it attacked Odesa with drones and missiles in one of the largest sustained assaults on the port.
    • Russia also said it would deem any ship in the Black Sea bound for a Ukrainian port to be a legitimate military target.
    • Chicago wheat futures, a global benchmark, are up about 17% since Russia left the deal.