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Agrotech, Live Stock

The facility will initially produce both chicken and beef, and with the planned capacity, will be able to distribute products to millions of customers across the United States

GOOD Meat, the cultivated meat division of Eat Just, Inc, has signed an exclusive multi-year agreement with ABEC Inc to design, manufacture, install and commission the largest known bioreactors for avian and mammalian cell culture. With a long history of bio-process equipment innovation, ABEC has the most experience and largest capacity in the biotech industry.

Ten 250,000-liter bioreactors will form the foundation for GOOD Meat’s large-scale cultivated meat facility, which will be located in the United States. When fully operational, the complex will have the capacity to produce up to 30 million pounds of meat without the need to slaughter a single animal.

The facility will initially produce both chicken and beef, and with the planned capacity, will be able to distribute products to millions of customers across the United States.

GOOD Meat remains the only cultivated meat manufacturer in the world to secure regulatory approval.

The facility will initially produce both chicken

Agro chems – Chemicals, Company News, Finance

 Company reported total income of Rs 7707.22 Cr during the Financial Year ended March 31, 2022 as compared to Rs.5841.16 crores during the Financial Year ended March 31, 2021.

Deepak Fertilizers and Petrochemicals Corporation Ltd (DFPCL) has posted net profit of Rs.678.27 crores for the Financial Year ended March 31, 2022 as against net profit of Rs.400.31 crores for the Financial Year ended March 31, 2021.

The company has reported total income of Rs.7707.22 crores during the Financial Year ended March 31, 2022 as compared to Rs.5841.16 crores during the Financial Year ended March 31, 2021.

For the quarter ended March 31, 2022, DFPCL has posted net profit of Rs. 279.70 crores as against net profit of Rs. 179.73 crores for the period ended December 31, 2021. The company posted net profit of Rs.113.29 crores for the period ended March 31, 2021.

DFPCL has reported total income of Rs. 2022.53 crores during the period ended March 31, 2022 as compared to Rs. 1972.79 crores during the period ended December 31, 2021. The company reported total income Rs.1580.79 crores during the period ended March 31, 2021.

 Company reported total income of Rs 7707.22

Agrotech, Country, North America

The calculator will help agronomists and farmers make data-based decisions on whether to consider replanting their corn

Syngenta Seeds is offering farmers its NK Corn Replant Calculator for free, which will help agronomists and farmers make data-based decisions on whether to consider replanting their corn.

Recommendations from the NK Corn Replant Calculator are generated from publicly available data, and calculations are based on a farmer’s location, original planting date, replant date, current plant density and desired plant density. While the calculator provides replanting recommendations based on university data, there’s no definitive resource for replant decisions.

The calculator will help agronomists and farmers

AgroPolicy, Agrotech, Dairy, Live Stock

To form joint liability groups to promote the production and marketing of milk and milk products

Kerala will undertake an integrated programme for the dairy farmers and will form joint liability groups to promote the production and marketing of milk and milk products and to take up commercial production of fodder.

J Chinchurani, Minister for Dairy Development, Kerala will inaugurate the initiative at Pathanamthitta on June 3. The minister is scheduled to inaugurate the distribution of identity cards and uniforms to employees of milk cooperatives in Kollam.

A hygienic milk collection room at the Valachira milk cooperative in Kottayam will be launched followed by a cattle feed godown at the Thamarakulam cooperative in Kottayam and a 50 KV solar power plant at the Muthalamada east cooperative besides a bailing unit at the Maniyilparambu cooperative, in Palakkad. A fodder farming initiative in the Ollukara block in Thrissur will also be launched.

To form joint liability groups to promote

Agro Universities, Agrotech, Bee keeping

Collaboration for research and technological exchange was explored between the PAU and Israel during the visit

Yair Eshel, Agriculture Attache, Embassy of Israel, visited the Apiculture Unit of the Department of Entomology, Punjab Agricultural University (PAU) and interacted with apiculture scientists and postgraduate students in apiculture as well as bachelor students in agriculture undergoing an experiential learning programme in commercial apiculture.

Dr DK Sharma, Head of the Department, apprised the visiting member of the progress, achievements and recognitions of the PAU in the discipline of apiculture. He also highlighted the pioneering role of PAU in the successful introduction, multiplication and release of the Italian honey bee in the country.

Dr Pardeep Kumar Chhuneja, Incharge of the Apiculture Unit, shed light on PAU’s strong outreach programme in the promotion of Apiculture, including the training programmes for the Apicultural scientists of other State Agricultural Universities and ICAR Institutes. Dr Chhuneja informed that Yair also visited the PAU Apiary and research and training facilities including various apicultural research labs like diseases diagnostic lab, bee breeding lab, etc.

During the meeting with apiculture scientists of PAU, collaboration for research and technological exchange was explored between the PAU and Israel, particularly for the production and post-harvest handling of bee products, bee breeding, bee pollination and innovative bee husbandry and data recording technologies. The possibilities of training the PAU Apiculture scientists from Israel in advanced Apicultural technologies were also explored. Yair assured full support for the future joint ventures in apiculture including for some specialised training of the PAU bee scientists in Israel.

Collaboration for research and technological exchange was

Agro Universities, AgroPolicy, Floriculture, Start ups

Inaugurated six distillation units under CSIR-IIIM for lavender situated at six different places

Union Minister of State (Independent Charge) Ministry of Science and Technology; Minister of State (Independent Charge) Ministry of Earth Science; MoS of Prime Minister’s Office and Ministry of Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh said that Bhaderwah is the potential destination of agri-tech startups of the country.

After inaugurating the country’s first ‘Lavender Festival’ Bhaderwah, the Union Minister described Bhaderwah as the birthplace of India’s Purple Revolution.

“The country’s first National Institute of High Altitude Medicine is being built in Bhaderwah which will attract scholars and researchers not only from India but across the globe generating employment opportunities for the region. The establishment of this institute is proof of developmental initiatives reaching far-flung places at an unprecedented rate compared to the last seventy years,” Dr Singh added.

Referring to the lavender cultivation in the region, Dr Singh said that Lavender is an avenue of employment generation and research opening many paradigms of development for the region. He further said that the agriculturist Bharat Bhushan called the Brand Ambassador of Purple Revolution in India is an inspiration for youth in Jammu and Kashmir toward Start-up culture.

Dr Singh said that under lavender cultivation, potential farmers’ income has not only been doubled but quadrupled.

Dr Singh also inaugurated six distillation units under CSIR-IIIM for lavender situated at six different places. Three MoUs were also signed between CSIR-IIIM Jammu with Agro Voltic Power, Mussoorie Uttarakhand, Lyallpur Khalsa College, Jalandhar Punjab and Fine Fragrance Power, Mumbai.

Dr DS Reddy, Director CSIR-IIIM Jammu, Dhanenter Singh, DDC Chairperson, Doda, Sangeeta Bhagat, Vice-Chairperson DDC Doda, Dr Sumit Garola, Nodal Scientist CSIR besides scientists and potential farmers cultivating lavender were present during the festival. Many industrialists and potential farmers were felicitated during the lavender festival.

Inaugurated six distillation units under CSIR-IIIM for

Agro chems – Pesticides, Company News

The insecticide has been developed by Bayer for integrated pest control

UPL has announced a new supply agreement for ‘Spirotetramat’, an insecticide created and developed by Bayer for integrated pest control. The agreement reflects UPL’s OpenAg purpose and commitment to open industry collaboration.

Through this long-term global data access and supply agreement, UPL will use its expertise in insecticides and global research and development network to develop, register and distribute new differentiated solutions containing Spirotetramat, that address farmer needs specifically around resistance management and/or hard-to-control sucking pests.

Mike Frank, President and COO, UPL, said, “As a global leader in crop protection, we have established the OpenAg purpose to drive collaboration with expert industry partners like Bayer. As pests continue to evolve, we must stay agile and ensure our solutions are addressing grower needs. At UPL we are continually working to expand our toolbox of products and solutions.”

Hartmut van Lengerich, Head of Global Crop Protection Asset Management, Bayer Crop Science, said, “This global agreement represents an expanded partnership between our two companies. Our industry is aware of the increasing challenges growers face in managing pests effectively. Spirotetramat protects growers’ plants from a wide range of pests, leading to healthier crops, and UPL’s Spirotetramat offerings will expand this protection even further with additional differentiated products for the global agricultural community.”

The insecticide has been developed by Bayer

Company News, Finance

The company plans to go in for a brownfield project in the coming years

Agri-sciences company PI Industries plans Capex of around Rs 500 crore for the coiming year. This was stated by Manikantan Viswanathan, Chief Financial Officer, PI Industries.

According to Rajnish Sarna, Joint MD, PI Industries the Capex is likely to be used for maintenance, R&D etc. The company plans to go in for a brownfield project in the coming years.

The total Capex for PI Industries Ltd. for FY22 stood at Rs 320.4 crore.

The company plans to go in for

Company News, Finance

The company posted a 116 per cent growth in its consolidated net profit at Rs 152 crore for fiscal 2021-22

Surat-based Anupam Rasayan India will raise funds for an aggregate amount not exceeding Rs 800 crore through the issue of equity shares by way of a qualified institution’s placement (QIP), under the relevant provisions of applicable laws and subject to the approval of the company’s shareholders and receipt of applicable regulatory approvals.

The company has posted a 116 per cent growth in its consolidated net profit at Rs 152 crore for fiscal 2021-22. The company’s revenues grew 31 per cent during the fiscal year at Rs 1,066 crore against Rs 810 crore in FY 2021. Net profit in the fourth quarter more than doubled and reached Rs 46.102 crores as against Rs 22.144 crores last year.

The company posted a 116 per cent

Agrotech, Middle East countries, Start ups

AgNext is uniquely positioned to provide pioneering technologies that can be instrumental in fostering a digitized ecosystem for quality-based food trade in the MENA region.

Gurugram based Agritech start up AgNext Technologies, a leading agritech start-up, has opened its first international office in the Middle East, as a part of its global expansion strategy. Located in Abu Dhabi, the office will serve as the company’s international headquarters to facilitate overseas operations in MENA markets. With the aim to bring deep-tech enabled solutions for improved, quality-driven food trade, the company will be forging a high-impact leadership team that will be based in Abu Dhabi.

Speaking about the expansion, Taranjeet Singh Bhamra, Founder & CEO, AgNext Technologies said, “After establishing market leadership in India, we are excited to enter the UAE, which is a recognized world leader in food trade and agriculture 4.0. AgNext is uniquely positioned to provide pioneering technologies that can be instrumental in fostering a digitized ecosystem for quality-based food trade in the MENA region. By connecting buyers and sellers on the axis of quality through AgNext Global Network (AGN), we can deliver superior market linkages, end-to-end traceability and export fulfillment. This ultimately culminates into an improved food trade experience with better price realization for our customers. The country’s food trade potential is immense and it offers us fertile grounds to facilitate our global expansion plans for MENA and other markets.”

It is estimated that lack of quality assessment solutions lead to approximately $90 billion in losses globally in agricultural trade. AgNext has innovated deep-tech enabled solutions that address this issue and provides blockchain-enabled traceability across the supply chain. The company has the largest commodity portfolio across grains, oilseeds and pulses, spices, animal feed and beverages segment, with comprehensive physical and chemical analysis solutions. AgNext has collected over 3 million+ food samples to build unique and massive datasets across diverse food categories.

By opening their first international office in Abu Dhabi, AgNext will work to deepen their reach into the MENA markets by diversifying its commodities portfolio and accelerating innovation to drive quality-based food trade.

AgNext is uniquely positioned to provide pioneering

AgroPolicy, Foodgrains, India

Piyush Goyal, Union Minister for Consumer Affairs & Food and Public Distribution, Commerce & Industry, and Textiles was speaking at the World Economic Forum at Davos, Switzerland.

India will continue to allow wheat export for countries which are in serious need, are friendly and have the letter of credit, said Piyush Goyal, Union Minister for Consumer Affairs & Food and Public Distribution, Commerce & Industry, and Textiles while speaking at the World Economic Forum at Davos, Switzerland.

 Goyal highlighted that while 7 per cent to 8 per cent rise in wheat production was expected this year, severe heat waves led to early harvest and loss of production. “Given this situation, what we are producing is about enough for domestic consumption,” Goyal added.

India was never a traditional player in the international wheat market and export of wheat only began about 2 years ago. Speaking at the World Economic Forum at Davos, Switzerland, Piyush Goyal, Union Minister for Consumer Affairs & Food and Public Distribution, Commerce & Industry, and Textiles said that last year 7 LMT wheat was exported and majority was done within the last two months when the war between Russia-Ukraine developed.

 “India wheat exports are less than 1 per cent of world trade and our export regulation should not affect global markets. We continue to allow exports to vulnerable countries and neighbors,” the Minister said.

Piyush Goyal, Union Minister for Consumer Affairs

Agrotech, North America, Packaging & Labelling

It eradicates causes of premature moulding, wilting and spoilage of peel-less and packaged produce like berries, leafy greens, grapes, mini cucumbers

SAVRpak, a US-based food technology innovation company, has announced the launch of SAVRpak Drop-In, the first-ever moisture control technology that extends the shelf-life and freshness of produce up to three times.

It creates the perfect atmosphere inside the package for a longer period by eradicating a number of causes of premature moulding, wilting and spoilage of peel-less and packaged produce including berries, leafy greens, grapes, mini cucumbers and others. Successful trials have been completed with Divine Flavor, Ocati, RCG Fruits, and Agrovision.

The SAVRpak Drop-In is a thermodynamic, biodegradable, chemical-free pouch that is placed in produce packaging before being sealed. Within minutes, SAVRpak’s Atmospheric Control and Transmission (ACT) technology begins purifying the atmosphere within the package to slow the aging process by targeting conditions that affect shelf-life, such as excess moisture and condensation, as well as external contaminants like bacteria. As a result, this extends the marketable shelf-life of produce by up to three times – ultimately giving consumers a longer window to enjoy produce at home while reducing waste.

It eradicates causes of premature moulding, wilting

Agro Universities, Agrotech, Start ups

The five-day RIBC 2.0 will be held in association with the Kasaragod-based Central Plantation Crops Research Institute

The Kerala Startup Mission (KSUM), the nodal agency of the Government of Kerala, to promote innovative technical solutions in agriculture, will conduct a ‘Rural-AgriTech Hackathon’ on the sidelines of the Rural India Business Conclave 2.0 (RIBC 2.0). The hackathon will commence on June 9.

The five-day RIBC 2.0 will be held in association with the Kasaragod-based Central Plantation Crops Research Institute (CPCRI). The hackathon will be held at Wintouch Palm Meadows, Kasaragod, while the CPCRI will be the venue for RIBC 2.0.

Students from the technology sector, researchers, start-ups, and professionals can participate in the hackathon for which there is no registration fee. Participants with the best solutions relating to agriculture, including food production, will get an opportunity to take forward their research in association with CPCRI.

The five-day RIBC 2.0 will be held

Finance, Schemes - NABARD, Water

The Saurashtra-Narmada Avataran Irrigation Yojana or SAUNI Yojana has been launched to divert one million acre-feet of flood waters from Narmada to the Saurashtra region

Under the Rural Infrastructure Development Fund (RIDF), the National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 3,245 crore for irrigation and rural drinking water supply projects in Gujarat for 2021-22.

“This is the highest allocation for loan assistance to projects in the state,” said a senior NABARD official. Compared to the Rs 2,989 crore sanctioned in 2020’21, the sanctioned amount under RIDF for 2021-22 was 8.5 per cent more.

The irrigation projects to receive sanction for 2021-22 are two packages of SAUNT Link 3 projects worth Rs 336 crore. The Saurashtra-Narmada Avataran Irrigation Yojana or SAUNI Yojana has been launched to divert one million acre-feet of flood waters from Narmada to the Saurashtra region.

The Link 3 of SAUNI will connect 28 reservoirs of Rajkot, Jamnagar, Devbhumi Dwarka, Porbandar, Morbi and Surendranagar with a 66-kilometre water project.

The other irrigation projects to receive sanction include a Rs 194-crore lift irrigation project in the tribal district of Dahod, Rs 273 crore Panam reservoir based lift irrigation scheme, Rs 114 crore Panam high-level canal-based lift irrigation scheme and Rs 231 crore Vaghrech recharge project. These irrigation projects will increase the irrigation facilities by 75,112 hectares.

The Saurashtra-Narmada Avataran Irrigation Yojana or SAUNI