Royal DSM N.V., the global Life Sciences and Materials Sciences company, has completed the acquisition of certain assets, licenses and other agreements in the area of food enzymes and oilseed processing from San-Diego-based Verenium for $37 million. The acquisition allows ...More
Swiss commodities giant Glencore International announced it will acquire Viterra, Inc., Canada’s largest grain handler, for $6.2 billion, pending regulatory approval. The company also will establish its North American headquarters in Regina. ...More
The U.S. production of fats and oils totaled 12.9 million metric tons for 2011 and is projected to increase at a compound annual growth rate (CAGR) of 0.6% between 2011 and 2016, reaching 13.3 million metric tons in 2016, according to a new report from BCC Research. ...More
While global food prices dropped to an 11-month low, declining 4% from September, prices remain generally higher than last year and remain "extremely volatile," moving in tandem with unstable financial and equity markets, according to new statistics released today ...More
Genetically modified canola endowed with herbicide resistance has escaped from a farm in North Dakota and has been found growing outside of established cultivation regions along roadside across the state, according to a new study published in the journal PLoS ONE. ...More
New statistics released today by the United Nation’s Food and Agriculture Organization (FAO) reveals global food prices remain at near record highs, but held steady between July 2011 and August 2011 at seven points below its all-time high of 238 points in February 2011. ...More
Consuming a daily diet rich in foods that contain omega-3 fatty acids may help reduce the severity of brain damage by 25% after a stroke, according to a new study published in the journal Stroke. ...More
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