Australia ag robotics startup Agerris raises US4

first_img Australia ag robotics startup Agerris raises US$4. … A Chinese investment company has bought two of the biggest watermelon farms in Australia’s Northern Territory for AUD$27.5 million (US$20 million), in what is reported to be one of the most significant horticultural deals in the state’s history.ABC News reported the Hong Kong-based CK Hutchinson Holdings – which is owned by the autonomous territory’s richest man, Li Ka-shing – bought Stuart and Kane Younghusband’s melon farms near Mataranka, which cover a combined area of about 1,900 hectares.The new owners have signed a 10-year lease with the New South Wales-based Rombola Family Farms, which was this year found to have sold rockmelons (cantaloupes) contaminated with listeria, which led to a miscarriage and the deaths of seven people.ABC said it understands the Foreign Investment Review Board gave its approval for the sale to go ahead, which settled shortly before Treasurer Josh Frydenberg blocked one of CK Holding’s subsidiaries, CK Investment, from buying the majority of Australia’s gas transmission pipeline.The two Mataranka farms, which were run as separate businesses, produced about 25,000 metric tons (MT) of watermelons every year, which is more than half of the Northern Territory’s 46,000MT annual melon production.Agricultural consultant Ian Baker reportedly said the sale of the two properties was one of the biggest horticultural deals he had seen in northern Australia.”In the [Northern Territory] horticultural industry, farms have been selling between $5 [million] and $10 million, so this is a big sale,” Baker was quoted as saying. Monsanto dealt first Australian lawsuit over cance … November 27 , 2018 Aussie produce industry sets ambitious goals for s … You might also be interested in Australia: Queensland govt boosts TR4 funding, cal …last_img read more

Miraculous mangoes How the fruit is advancing pla

first_img Miraculous mangoes: How the fruit is advancing pla … You might also be interested in U.S.: Procacci Brothers acquires family-owned prod … July 13 , 2019 California’s tight supply of avocados has contributed to price peaks this season, due to the unwavering demand for the fruit, says California Avocado Commission’s vice president of marketing, Jan DeLyser.While early forecasts predicted the state would harvest 175 million pounds – almost half of last year’s total volume – this figure has seen a slight dip.DeLyser says that, currently, “[California’s] total volume forecast remains at 170 million pounds.”She explains that the supply was tight this year due to its lighter-than-average volume, which was a result of the extreme heat in 2018.As for this year, “spring rains and market conditions contributed to delayed harvesting on the front end of the season.”This led to a shift of timing versus initial expectations and an extension of the California avocado season into August.”Most of this season’s California avocado crop will be harvested by the end of August, with limited availability of California avocados following, she notes.As the state’s volumes wind down, the avocado import volume is expected to increase as summer transitions into fall.center_img When it came to making sure the state’s limited supply was as sufficient as possible, she explains: “California Avocado Commission has worked with handlers to target supply primarily to loyal customers in California as well as in some other markets.”For many retail customers there has been adequate supply to support on-shelf merchandising and display programs.”In regards to the retail programs the commission typically offers, this year’s circumstances meant there was marked a shift in approach.”As expected, promotion this year does not necessarily mean traditional price promotions, so though demand has been good, feature ad activity is down,” DeLyser comments.”Branded foodservice programs are also down this year but we are already working with targeted chains for next year when supply is expected to be higher.”She indicates that while Hass avocados continue to be the major crop, interest in other local varieties is on the increase.In particular, there have been some targeted retail programs this year with both the Reed and GEM varieties.”Supplies of these varieties are limited but increasing,” she concludes. South Africa: Consecutive record citrus crop expec … Japanese apple saplings reportedly sold illegally … last_img read more