USDA

Hemp, Inc. Welcomes USDA Approval of GMO Hemp Strain – A Step Forward in Cannabis Biotechnology

Retrieved on: 
Tuesday, April 9, 2024
CBG, LCM, MCT, Health, USDA, Cannabinoid, Absorption, Oil, CBGA, Biotechnology, Textile, Relaxation, Paint, Risk, Coffee, Clothing, GMO, Cellulose, News, Anxiety, University, Food, Cannabis, Plant, CBDA, CBN, OTC, Restaurant, Water, Jan Vansina, THC, Paper, Agriculture

The newly approved GMO hemp variety, a breakthrough by the University of Wisconsin, is known as "Badger G".

Key Points: 
  • The newly approved GMO hemp variety, a breakthrough by the University of Wisconsin, is known as "Badger G".
  • Hemp, Inc. recognizes the pivotal role of biotechnology in the evolution of the cannabis industry.
  • This innovative strain stands to solve a pivotal problem in the hemp cultivation sector: regulatory compliance regarding THC levels.
  • This milestone in GMO hemp sets the stage for Hemp, Inc. to continue its commitment to innovation, sustainability, and legal compliance within the industry.

2Blades Receives Congressional Funding to Advance Corn Mycotoxin Research

Retrieved on: 
Tuesday, April 9, 2024
USDA, Congress, Agricultural Research Service, Research, Food security, University, Mycotoxin, Member of Congress, Renewable energy

Evanston, IL, April 09, 2024 (GLOBE NEWSWIRE) -- 2Blades will receive up to $1,000,000 in funding from Congress to further its research on mycotoxigenic fungi in corn at the University of Minnesota – St. Paul.

Key Points: 
  • Evanston, IL, April 09, 2024 (GLOBE NEWSWIRE) -- 2Blades will receive up to $1,000,000 in funding from Congress to further its research on mycotoxigenic fungi in corn at the University of Minnesota – St. Paul.
  • The funding is part of the United States Department of Agriculture, Agricultural Research Service (USDA ARS) FY2024 spending package that was approved by Congress in March.
  • With this funding, 2Blades will be able to enhance its research initiatives at the University of Minnesota – St. Paul, including applying its proprietary technology platforms and resources to identify novel resistance genes against Fusarium and Aspergillus, two of the most significant mycotoxin-producing fungi.
  • The funding from Congress highlights the critical role that governments can play in addressing global challenges such as food security and sustainable agriculture.

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.

Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.

Retrieved on: 
Thursday, March 28, 2024
Capital Bank, USDA, SBA, EVP, Partnership, LLP, Capital, C&I, Head, Acquisition, Small Business Administration, Melissa, CBNK, Government, Security (finance)

At closing, Capital shareholders will own approximately 84% and IFH shareholders will own approximately 16% of the combined company.

Key Points: 
  • At closing, Capital shareholders will own approximately 84% and IFH shareholders will own approximately 16% of the combined company.
  • Including Windsor Advantage’s industry leading government guaranteed servicing platform, Capital is well positioned to capitalize on this growing niche.
  • A. Riddick Skinner, EVP of Government Lending at IFH, will join Capital Bank as Head of Government Guaranteed Lending Program.
  • Raymond James & Associates, Inc. served as financial advisor and Wyrick Robbins Yates & Ponton LLP served as legal advisor to IFH.

The Breakthrough Institute Endorses the EMIT LESS Act, A Step Toward Reducing Enteric Methane Emissions

Retrieved on: 
Thursday, March 28, 2024
Health, USDA, Methane, Meat, Congress, Farmer, University, EMIT, Livestock, Research, Milk, Food, Breakthrough, Diet, Drinking, Legislation

Targeting enteric fermentation in livestock production represents an opportunity to curb nearly one-quarter of U.S. methane emissions.

Key Points: 
  • Targeting enteric fermentation in livestock production represents an opportunity to curb nearly one-quarter of U.S. methane emissions.
  • Reducing enteric methane emissions can be both a climate win, and an economic imperative by reducing the cost of cattle feed.
  • The legislation directs the U.S. Department of Agriculture (USDA) to expand domestic capacity to develop and increase the adoption of enteric methane solutions.
  • Furthermore, the bill would make enteric methane reduction products and practices eligible for cost-share under several USDA conservation programs.

Farmers Edge and Gevo Enter Collaboration on Climate-Smart Farm-to-Flight Project

Retrieved on: 
Tuesday, April 9, 2024
Other Energy, Air, Transport, Agriculture, Alternative Energy, Natural Resources, Energy, Gevo, Ethanol, USDA, Aviation biofuel, GEVO, Education, Acquisition, Edge, Farmer, Multimedia, SAF, Renewable energy

Farmers Edge Inc. a pure-play digital agriculture company, and Gevo Inc. (NASDAQ: GEVO), a leader in renewable fuels, have entered a collaboration as part of Gevo’s Climate-Smart Farm-to-Flight project that utilizes funding from a U.S. Department of Agriculture (USDA) grant.

Key Points: 
  • Farmers Edge Inc. a pure-play digital agriculture company, and Gevo Inc. (NASDAQ: GEVO), a leader in renewable fuels, have entered a collaboration as part of Gevo’s Climate-Smart Farm-to-Flight project that utilizes funding from a U.S. Department of Agriculture (USDA) grant.
  • Farmers Edge has already been working with growers in Canada on carbon-intensity programs for the past 3 years and will bring their experience to the recruitment and education aspects of the project.
  • Collaborating with growers across three states, Farmers Edge will support in the data capture associated with the qualifying sustainability practices and calculation of field-level CI scores.
  • Farmers Edge is committed to helping growers be the best by digitizing their operations and telling their sustainability story through data.

Radcolube® Introduces Innovative Solutions for Firearm Maintenance: Bio-Based CLP 2oz Needle Nose Bottles

Retrieved on: 
Tuesday, April 9, 2024
CLP, Firearm, Military personnel, Temperature, USDA, PROMO, Telescopic sight

BATAVIA, Ill., April 9, 2024 /PRNewswire-PRWeb/ -- Radco Industries Inc., a leading provider of advanced firearm maintenance products, is proud to announce the launch of two new products designed to meet the diverse needs of shooters, hunters, military personnel, and firearm enthusiasts: Traditional CLP Wipes and Bio-Based CLP 2oz Needle Nose Bottles.

Key Points: 
  • Radcolube® is excited to introduce Bio-Based CLP 2oz Needle Nose Bottles, featuring a USDA-certified formula that is 73% bio-based.
  • Radcolube® is excited to introduce Bio-Based CLP 2oz Needle Nose Bottles, featuring a USDA-certified formula that is 73% bio-based.
  • Designed to clean, lubricate, and protect firearms and mechanical equipment, Radcolube® Bio-Based CLP 2oz Needle Nose Bottles offer high-performance results while reducing environmental impact.
  • Use the PROMO code BIO-CLP for 10 percent off your purchase of the new Bio-Based CLP 2oz Needle Nose Bottles on our website: Radcolube® CLP

Aemetis Approved by USCIS for $200 million of EB-5 Investment in Biogas, SAF and Carbon Sequestration Projects

Retrieved on: 
Thursday, March 21, 2024
Ethanol, USDA, NCE, Natural gas, Oil, Growth, Authority, Unemployment, EB-5, ATC, Aviation, Biofuel, Carbon, Sugar, CO2, USCIS, JCE, Region, RD, Renewable natural gas, Engineering, RNG, SAF, Renewable energy

Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.

Key Points: 
  • Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.
  • The Riverbank plant was recently granted Authority to Construct (ATC) air permits and is designed to produce 78 million gallons per year of SAF for the aviation market.
  • Aemetis has already secured more than $3 billion of contracts to supply airlines with SAF.
  • The Project’s two primary locations are the Aemetis Advanced Fuels Keyes 65 million gallon per year ethanol plant and the Riverbank Industrial Complex.

Innovative Food Holdings, Inc. Reports Financial Results for Fourth Quarter and Fiscal Year 2023

Retrieved on: 
Thursday, March 21, 2024
E-commerce, Working capital, USDA, GAAP, Rationalization, OTCQB, Marketing, Advertising, Food industry, Pharmaceutical industry

BONITA SPRINGS, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs, today reported its financial results for the fourth quarter and fiscal year of 2023.

Key Points: 
  • Bill Bennett, Chief Executive Officer of IVFH, remarked, “2023 marked an incredible turnaround for Innovative Food Holdings.
  • Excluding the effect of restructuring, severance, and one-time related outflows and expenses during the year, the company has become cash flow positive.
  • Revenues in fiscal year 2023 decreased 8.5% to $72.2 million, impacted by a 6.5% decrease in specialty foodservice revenue.
  • The following table sets forth IVFH’s revenue by business category for the year ended December 31, 2023, and December 31, 2022 (unaudited):

USDA-APHIS Determines that Yield10 Bioscience’s Omega-3 Camelina Varieties May Be Planted and Bred in the United States

Retrieved on: 
Thursday, March 21, 2024
USDA, DHA, Oil, Eicosapentaenoic acid, Rothamsted, Partnership, BRS, Sale, Weed control, Salmon, Yield10 Bioscience, EPA, CFR, RSR, Dicarboxylic acid, Genetic engineering, Dietary supplement

WOBURN, Mass., March 21, 2024 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) (“Yield10” or the “Company”), an agricultural bioscience company, today announced that USDA-APHIS’s Biotechnology Regulatory Services (“BRS”) has determined that Yield10’s Camelina sativa ("Camelina”) varieties developed using genetic engineering (modified Camelina) to produce omega-3 fatty acids are not subject to the regulations under 7 CFR part 340, and may be grown and bred in the United States. The global markets for omega-3 fatty acids include aquafeed used for salmon and trout farming, pet feed, baby formula, nutraceutical and pharmaceutical products. Most omega-3 fatty acids are produced from ocean-caught fish. Production constraints and supply volatility of traditional fish oil sources are creating gaps in supply and driving the growing demand for new sources of omega-3. Utilizing Camelina as a land-based production platform has the potential to provide a new, reliable supply for omega-3 fatty acids. Yield10’s submissions along with the USDA-APHIS BRS responses are posted on the USDA’s website.

Key Points: 
  • Utilizing Camelina as a land-based production platform has the potential to provide a new, reliable supply for omega-3 fatty acids.
  • An RSR filed in July 2023 covers Camelina engineered to produce eicosapentaenoic acid (“EPA”) where the engineered omega-3 Camelina produces oil containing approximately 16-20% EPA.
  • In 2020, Yield10 signed a collaboration agreement with Rothamsted to support Rothamsted’s Flagship Program to develop omega-3 oils in Camelina.
  • Yield10 is also engineering second generation omega-3 Camelina lines with herbicide tolerance traits to enable weed control in large-scale commercial planting of the crop.