Former Corteva leader tapped as next AgriNovus CEO
She brings 15 years of experience in the food and agriculture space, including more than seven years at Dow AgroSciences.
Agribusiness
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Q&A with Oliver Winery CEO Pat Brown about the company’s growth
“My goal is, let’s have another 50 years,” Brown said. “How do we set ourselves up to keep the foundation and build on it? And there’s another 50, 100 years in this business or more.”
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Pushback continues against genetically modified salmon raised at Indiana farm
“AquAdvantage” salmon, engineered by biotech company AquaBounty Technologies, most recently drew criticism from environmental advocates at the 2023 Farm Aid event.
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Food prices remain high ahead of July 4 celebrations, Hoosier farmers say
All but two of the items—cheese and pork chops—were more expensive than last year. Cookies, hamburgers buns and lemonade were up the most.
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2023 Innovation Issue: Indiana is primed to reshape the agbioscience industry
The state’s strength in agriculture, plus partners like Purdue University and AgriNovus Indiana, combine to make Indiana a competitive place for generating and attracting ag-related technology and innovation.
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UPDATE: Elanco shares jump 16% as company raises full-year guidance
The company, which makes vaccines, antibiotics and other animal-health products, said it now expects full-year revenue of between $4.57 billion and $4.62 billion.
Through experiences abroad, 29-year-old brings new insights to family business
Christian Huber, 29, could have been complacent in riding the continued success of his family’s seventh-generation business, Huber’s Orchard and Winery. But he feels strongly that that isn’t the way to learn the crafts of winemaking and distilling.
Corteva takes $25M stake in North Carolina gene-editing agriculture company
Corteva, the Indianapolis-based seed and crop protection giant, formed a joint venture with the startup, Pairwise, based in Durham, North Carolina, aimed at increasing crop yield for food, fuel and fiber production.
AgriNovus report details agbioscience sector growth opportunities
The AgriNovus Indiana report quantifies agbiosciences as contributing $22.7 billion to the state’s gross domestic product. It also identifies several key areas of opportunity for growth in this sector.
‘Truly a game changer’: Indiana ag leaders focus on farm bill impact
For Indiana—the seventh-largest agricultural exporter and ninth-largest farming state in the U.S.—the legislation could have wide-ranging impacts.
Elanco to cut 420 jobs in restructuring that will focus on pet health
The company said the restructuring is designed to shift resources from its farm animal operations to its pet health operations and help with the launch of three upcoming products now under regulatory review.
Russia halts wartime deal allowing Ukraine to ship grain in blow to global food security
The Kremlin says Russia will suspend the Black Sea Grain Initiative until its demands to get its own food and fertilizer to the world are met.
Bunge to buy Viterra in $18B deal, creating ag powerhouse
Bunge Ltd.—which is spending $550 million to build a soybean processing plant in Shelby County—could find itself in the crosshairs of antitrust regulators in the United States due to the scale of the deal.
2023 Innovation Issue: Four ways Purdue is driving ag breakthroughs
The Ag-Celerator, one of four funds that make up Purdue Ventures, boasts a $2 million innovation fund for startups in ag-related technologies.
2023 Innovation Issue: Mitch Frazier on a tidal wave of innovation in agriculture is hitting Indiana
Companies across agbioscience are not only delivering life-essential innovations, they are also tackling many of the world’s toughest challenges.
2023 Innovation Issue: Paul Nselel on why agriculture innovation is essential to supporting farmers’ work
Innovation in agriculture has been transformative, with advances in breeding, prevalent use of data analytics and technology serving as important drivers of change.
Westfield-based ag-tech firm Taranis names new CEO
Westfield-based agricultural technology company Taranis Inc. on Tuesday announced the promotion of Opher Flohr to chief executive, succeeding Bar Veinstein.
Indiana-based Oliver Winery planning $12.6M expansion
The winery said new products such as the Melon Mint Moscato, along with its mainstays like Oliver Sweet Red, have fueled the company’s continued growth.
Ag-tech startup Athian secures investors for $5M funding round
Athian expects to begin beta testing for its first product this month. The company was launched last year by Greenfield-based Elanco and Indianapolis-based High Alpha Innovation.
MPS offers first carbon-neutral eggs for U.S. consumer market
North Manchester-based MPS Egg Farms employs roughly 600 people and keeps 12.1 million laying hens, which produce 9 million eggs per day for distribution across the United States.
Indiana horse racing a $2B industry, study finds
Indiana’s horse racing industry has more than doubled in economic value in the past decade, according to a study led by Purdue University.
Business accelerator Gener8tor announces members of latest cohort for agbioscience accelerator
This year’s cohort for Gener8tor’s gBETA agbioscience accelerator includes companies working in everything from cold storage to aquaculture. The program wraps up later this month.
Soybean processor Bunge plans $445 million expansion in Shelby County
A St. Louis-based grain and soybean manufacturer is planning to invest $445 million to expand its processing plant in Morristown.
Indiana-based ag-tech startup lands $3M in seed funding
Carmel-based Hageman Group, Indianapolis-based Allos Ventures and Indianapolis-based Elevate Ventures Inc. all participated in the funding round.