Latest News From The Packer Staff

Bankruptcy Puts $370 Million Of California Farmland for Sale
Bankruptcy Puts $370 Million Of California Farmland for Sale

Prima Wawona, a stone fruit producer in Fresno, Calif., announced in October it filed for bankruptcy with more than $600 million in debt.

FDA on purple tomatoes: No further questions
FDA on purple tomatoes: No further questions

The purple tomato is heading to market.

USDA reviews genetically engineered tomato, potato plants
USDA reviews genetically engineered tomato, potato plants

The USDA recently reviewed soybean, tomato, and potato plants modified using genetic engineering to determine whether they presented an increased plant pest risk compared to similar cultivated plants.

NASA and USDA to increase collaborative efforts, including ag research
NASA and USDA to increase collaborative efforts, including ag research

The USDA and NASA are doubling down on agency collaborations that will improve agricultural research and data application, along with fostering the next generation of science and agriculture leaders.

Report: Growers spend $500K average per year on automation
Report: Growers spend $500K average per year on automation

The second annual Western Growers Specialty Crop Automation Report reveals a 25% increase in average year-over-year agtech investment.

Carbon Robotics raises $30M to scale its LaserWeeder platform
Carbon Robotics raises $30M to scale its LaserWeeder platform

Carbon Robotics plans to use new funding to expand sales regions for its weed control platform, as well as scale manufacturing, develop new software and hardware products, and launch into international markets.

Agmatix partners with NASA Harvest to support the use of sustainable agricultural practices
Agmatix partners with NASA Harvest to support the use of sustainable agricultural practices

Satellite imagery alongside ground measurements will be analyzed using the Agmatix platform to inform sustainable on-farm decisions.

Syngenta Group and Yara adopt Varda’s Global Field ID system
Syngenta Group and Yara adopt Varda’s Global Field ID system

Norway-based crop nutrition company Yara and the Syngenta Group have entered into a partnership with agtech startup Varda, which was founded by Yara.

Verdant Robotics raises $46.5M to advance robotic technology
Verdant Robotics raises $46.5M to advance robotic technology

The Hayward, Calif.-based company's commercial robotics-as-a-service (RaaS) services a variety of specialty crops on thousands of acres with orders pending for tens of thousands of additional acres.

Bayer and Ginkgo Bioworks close deal creating a partnership to develop biological products for agriculture
Bayer and Ginkgo Bioworks close deal creating a partnership to develop biological products for agriculture

Bayer has announced the company has closed its previously announced transaction with Ginkgo Bioworks to begin a multiyear strategic partnership to accelerate research and development of ag biological products.

Farmer sentiment improves but farmers still concerned about rising costs
Farmer sentiment improves but farmers still concerned about rising costs

The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading of 117.

BioConsortia showcases innovation pipeline
BioConsortia showcases innovation pipeline

BioConsortia displayed its innovation pipeline on Aug. 30 at its Davis, Calif., headquarters in an investor-focused Technology Showcase event.

FDA releases pesticide residue monitoring report
FDA releases pesticide residue monitoring report

Finding generally strong compliance with federal standards for pesticide tolerances in food, the FDA has published its annual Pesticide Residue Monitoring Program Report for Fiscal Year 2020.