Categories
Agriculture AgTech Crop Insurance Precision Ag

Understory has been awarded as ‘AgTech Insurance Solution of the Year’

Understory, a company solving the coverage crisis with parametric insurance for severe weather, has been awarded ‘AgTech Insurance Solution of the Year’ by AgTech Breakthrough, a leading market intelligence company. Climate-vulnerable businesses around the world rely on Understory’s parametric insurance for financial protection from hail and frost damage. Prior to Understory, the vast majority of […]

Categories
Agriculture Policy

Bounce back plan for food and agriculture industry launched in UK

The measures introduced today will support producers, manufacturers and agri-tech companies across the food supply chain, from farm to fork. The new strategic interventions jointly announced by the Department for International Trade (DIT) and Department for Environment, Food and Rural Affairs (Defra) will offer immediate support to help businesses in the industry grow their trade […]

Categories
AgTech Digital Solutions

The Microsoft for Agritech Startups program

In its efforts to bolster the India’s startup ecosystem, Microsoft announced the launch of the program, “The Microsoft for Agritech Startups” on June 3, 2020. The program is intended to help startups build industry-specific solutions, scale, and grow with access to deep technology, business, and marketing resources. This program offers the best-in-class tech and business […]

Categories
Food Safety Trade

India allows in-transit cold treatment for Australian Fruits

The Indian government has announced market improvements to allow in-transit cold treatment of Australian top fruit, summer fruit and table grapes. Agriculture Minister David Littleproud says India’s approval of in-transit cold treatment of a variety of fruits is a major breakthrough for Australia’s growers. This approval to use in-transit cold treatment is expected to boost […]

Categories
Milk

FDA has given dairies the official permission to label their skim milk as “skim milk.”

Skim milk is milk with the fat or cream removed—skimmed off. According to FDA guidelines, in order to be called “skim milk,” dairies had to add vitamins A and D to the milk before it could be lawfully distributed. Dairies or creameries who did not add those vitamins were prohibited from labeling their skim milk […]

Categories
Intellectual Property Rights Trade

Famed Kashmiri saffron granted Geographical Indication (GI) tag

As per the documents, the Geographical Indication Registry has approved the GI tagging on the Kashmiri saffron, symbolizing its exclusivity in the international market. Directorate of Agriculture has been declared as a registered proprietor of the GI of saffron. In Kashmir, saffron cultivation is done on 3,715 hectares of land. GI tagging will set apart […]

Categories
Investments Strategy

Brand divestment: Hershey’s plans to sell KRAVE, Scharffen Berger and Dagoba

Hershey is looking to divest its high-flying jerky brand KRAVE along with its artisan chocolates Scharffen Berger and Dagoba, Hershey CEO Michele Buck told analysts. KRAVE, a high-end jerky and meat snack company that Hershey acquired for $220 million in 2015, had failed to meet company’s expectations. These are great brands that continue to resonate […]

Categories
Food Laws

Food Labels – often misleading and don’t convey ingredient info.

The internationally accepted definition of a food label is any tag, brand, mark, pictorial or other descriptive matter, written, printed, stencilled, marked, embossed or impressed on, or attached to, a container of food. Food labelling includes any written, printed or graphic matter that is present on the label, accompanies the food, or is displayed near […]

Categories
Uncategorized

Save more, spend less to be shoppers’ new mantra

Shoppers are likely to cut back sharply on discretionary spending after the lockdown, sacrificing outings to malls, restaurants, and salons to save up for immediate needs such as health and hygiene products. The online survey was conducted by Nielsen between 10 April and 14 April among 1,330 people in 23 cities. The findings indicate that […]