Farmer

FuelPositive Announces Strategic Focus on Manitoba, Expanding Network and New Partnerships

Retrieved on: 
Thursday, April 18, 2024
University, Agriculture, Keystone Association, EEStor, Climate, Communication, Research, Ecology, UAN, Potato, Carbon, Growth, Farmer, Entrepreneurship, AG, Family, Ministry, Soil

With a clear focus on expanding its network, FuelPositive is ready to establish new partnerships that resonate with its mission, values, and most importantly, the needs of the Company’s primary customers – farmers.

Key Points: 
  • With a clear focus on expanding its network, FuelPositive is ready to establish new partnerships that resonate with its mission, values, and most importantly, the needs of the Company’s primary customers – farmers.
  • As part of this initiative, FuelPositive is thrilled to unveil upcoming partnerships that will bolster its presence and deepen its impact throughout Manitoba and beyond.
  • New Manitoba Farmer-Partner and FuelPositive Advisor: Chad Berry
    FuelPositive is delighted to announce the appointment of its new Farmer-Advisor, Chad Berry.
  • FuelPositive is excited to announce a groundbreaking new initiative: expanding our creative team with the addition of talented photographers and graphic designers.

Navitas & Virtual Forest Join Hands to Advance Net-Zero in Agriculture

Retrieved on: 
Thursday, April 18, 2024
Silicon carbide, Food, MPPT, Internet of things, Gallium nitride, Silicon, Partnership, Water, Carbon, Farmer, ICS, River, Electronics, QFN, Renewable energy

The Virtual Forest solar pump with maximum power point tracking (MPPT) operates in conjunction with solar panel and energy storage to provide robust, energy-independent, and pollution-free performance at the point of use.

Key Points: 
  • The Virtual Forest solar pump with maximum power point tracking (MPPT) operates in conjunction with solar panel and energy storage to provide robust, energy-independent, and pollution-free performance at the point of use.
  • Navitas GaNSense™ half-bridge power ICs monolithically by integrating two GaN power FETs with GaN drivers, level-shifters, protection features and high-efficiency loss-less current sensing.
  • Hence, our name — Virtual Forest.”
    “The design team at Virtual Forest adopted the GaNSense half-bridges very quickly, for a fast time-to-market,” said Alessandro Squeri, Navitas’ Senior Sales Director.
  • “With GaNSense 'easy-to-use' features, Virtual Forest comes into the partnership with high efficiency, low component count and a robust design for tough environments.”

JDE Peet’s signs MOUs with Honduras, Peru and Rwanda to combat coffee-related deforestation

Retrieved on: 
Thursday, April 18, 2024
Climate change, Palm oil, Microsoft, Risk, Policy, Partnership, FMCG, Artificial intelligence, FLAG, Farmer, Poverty, Science Based Targets initiative, Common Grounds, Non-governmental organization, Coffee, Agriculture

JDE Peet’s (EURONEXT: JDEP) has expanded its global effort to combat coffee-related deforestation by signing three Memoranda of Understanding (MOUs) with Peru, Honduras and Rwanda.

Key Points: 
  • JDE Peet’s (EURONEXT: JDEP) has expanded its global effort to combat coffee-related deforestation by signing three Memoranda of Understanding (MOUs) with Peru, Honduras and Rwanda.
  • JDE Peet’s has already signed MOUs to combat deforestation with Ethiopia, Papua New Guinea, Tanzania and Uganda.
  • Honduras, Peru and Rwanda are committed to implementing JDE Peet’s’ innovative strategy to ensure all coffee is EUDR compliant, including the identification of coffee plots grown on land deforested after the 2020 cut-off date.
  • Laurent Sagarra, Vice President Sustainability at JDE Peet’s, commented: “We are very proud to further progress our efforts to combat deforestation through these new MOUs with Honduras, Peru and Rwanda.

Farmers & Merchants Bancorp (FMCB) Reports Strong First Quarter 2024 Earnings

Retrieved on: 
Wednesday, April 17, 2024
Sale, Central California, Investment, OTCQX, FleetBoston Financial, Farmer, Environment, Share repurchase, Merchant, S&P Global

LODI, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported net income of $22.7 million, or $30.56 per diluted common share for the first quarter of 2024 compared with $23.5 million, or $30.80 per diluted common share, for the first quarter of 2023. The first quarter of 2023 benefited from cash proceeds from a non-taxable death benefit on bank-owned life insurance (BOLI) of $4.3 million which was partially offset by a $5.7 million loss on the sale of securities based on the decision to reposition the securities portfolio given the interest rate environment. Excluding these first quarter 2023 items, net income for the first quarter of 2024 of $22.7 million was higher than the first quarter of 2023 of $22.5 million while earnings per share of $30.56 in the first quarter of 2024 was higher than the $29.44 in the first quarter of 2023. Annualized return on average assets was 1.71% and return on average equity was 16.33% for the first quarter of 2024 compared with 1.80% and 18.93% for the first quarter of 2023. The expense efficiency ratio for first quarter was 44.94% down from 47.62% for the first quarter of 2023.

Key Points: 
  • Excluding these first quarter 2023 items, net income for the first quarter of 2024 of $22.7 million was higher than the first quarter of 2023 of $22.5 million while earnings per share of $30.56 in the first quarter of 2024 was higher than the $29.44 in the first quarter of 2023.
  • The expense efficiency ratio for first quarter was 44.94% down from 47.62% for the first quarter of 2023.
  • After record-setting annual earnings for the past six consecutive years, we begin 2024 with another strong quarter of earnings and performance.
  • Net recoveries were $53,000 in the first quarter of 2024 compared to net recoveries of $56,000 in the fourth quarter of 2023.

FuelPositive Announces Completion of Factory Acceptance Testing and Shipping of First Commercial System

Retrieved on: 
Monday, April 15, 2024
EEStor, Motivation, Farmer, Entrepreneurship, Environment, Family, Farm, FAT, CIO, Quality of life, First

WATERLOO, Ontario, April 15, 2024 (GLOBE NEWSWIRE) -- FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the "Company" or "FuelPositive") is pleased to announce that the Factory Acceptance Testing (FAT) was successfully completed by FuelPositive’s farmer-partner and advisor, Curtis Hiebert, from Sperling, Manitoba and shipment of the world’s first FuelPositive FP300 system has commenced.

Key Points: 
  • "The Hiebert Factory Acceptance Testing was completed successfully, and our team is thrilled and incredibly proud of this collaborative achievement," stated Nelson Leite, FuelPositive's Chief Technology Officer and Board Member.
  • "The system was demonstrated at our Waterloo facility installed the way it will be installed in Manitoba.
  • "The Factory Acceptance is a huge milestone for us and FuelPositive.
  • The first On-Farm FP300 system ships on April 15, 2024:
    As a result of the major FAT milestone, FuelPositive has remained on schedule and has begun shipping the First FP300 system today.

UPCOMING EVENT: Plant Forward, the premier plant-based food and ingredient returns for its second year

Retrieved on: 
Monday, April 15, 2024
Agriculture, SA1 Swansea Waterfront, Louis Dreyfus Company, Corteva, Roquette, Farmer, Pulse

Also on the agenda are representatives from Danone Canada, Roquette, Sobeys, Plant Up, Three Farmers, Louis Dreyfus Company, Corteva and more.

Key Points: 
  • Also on the agenda are representatives from Danone Canada, Roquette, Sobeys, Plant Up, Three Farmers, Louis Dreyfus Company, Corteva and more.
  • Also attending this year’s event are representatives from the United Arab Emirates, Sweden, Japan, the Netherlands, the United Kingdom and the USA.
  • Plant Forward is presented by Protein Industries Canada, Pulse Canada, Plant-Based Foods of Canada, and the Canadian Pulse and Special Crops Trade Association.
  • To attend, media is requested to stop at the registration desk in the Harbour Ballroom Foyer, located on the second floor by the escalators.

Vive Crop Protection Welcomes Accomplished New Board Member, Susanne Wasson, to Drive Innovation and Growth

Retrieved on: 
Friday, April 12, 2024
Acquisition, Seed, Vive Crop Protection, Farmer, Corteva, CropLife International, HGS, Crop protection, Growth, Management

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Vive Crop Protection is excited to announce the appointment of Susanne Wasson to its Board of Directors.

Key Points: 
  • TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Vive Crop Protection is excited to announce the appointment of Susanne Wasson to its Board of Directors.
  • With an impressive track record as a goal-oriented, innovative leader, Susanne brings a wealth of expertise and strategic vision to further propel Vive Crop Protection's mission of revolutionizing crop protection technologies.
  • "We are thrilled to welcome Susanne Wasson to our Board of Directors," said Darren Anderson, CEO of Vive Crop Protection.
  • We are confident that Susanne will bring fresh perspectives and strategic insights that will help drive Vive Crop Protection in its next stage of growth."

CoBank Quarterly: Sticky Inflation Puts Federal Reserve on the Horns of a Dilemma

Retrieved on: 
Thursday, April 11, 2024
Knowledge, Leg, Consumer, Investment, AI, Research, Growth, House, E85, Farmer, Senate, AG, Legislation, Food, Francis Scott Key, Ethanol, Grain, Congress, Soybean, Cheese, Federal Reserve, Iowa State University, Class, Hand, Plant, Restaurant, Steel, Corn oil, Ministry of Labour, Gasoline, El Niño, EPA, Natural gas, Heat, Artificial intelligence, USDA, Henry Hub, Pressure, Ivory, Policy, Electricity, History, Butter, Cotton, Infrastructure, Representative, Fed, Foodservice, Agriculture

While inflation rates are trending in the right direction, they remain higher than ideal.

Key Points: 
  • While inflation rates are trending in the right direction, they remain higher than ideal.
  • The Federal Reserve has assured interest rate cuts are coming this year.
  • “Inflation is proving to be more difficult to tamp down than expected,” said Rob Fox , director of CoBank’s Knowledge Exchange.
  • To date, neither the House of Representatives nor the Senate Agriculture committees have released text to reauthorize the farm bill.

Sprouts Farmers Market, Inc. Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 1, 2024
Technology, Other Retail, Supermarket, Specialty, Networks, Food, Beverage, Retail, Organic Food, Online Retail, Sprouts, Public expenditure, Farmers' market, SFM, Sprout, Sprouts Farmers Market, Webcast, Growth, Farmer

Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week first quarter ended March 31, 2024.

Key Points: 
  • Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week first quarter ended March 31, 2024.
  • "We were pleased with our impressive financial results this quarter, with strength in comparable store sales, traffic, and ecommerce," said Jack Sinclair, chief executive officer of Sprouts Farmers Market.
  • "These outcomes highlight the effectiveness of our strategy and the exceptional execution by our team members across the country.
  • For the first quarter ended March 31, 2024, there were no adjustments due to special items.

Farmers Edge and Saskatchewan Municipal Hail Insurance Partner to Enhance Hail Business Intelligence with InsurTech Tools

Retrieved on: 
Wednesday, May 1, 2024
Other Professional Services, Data Management, Sustainability, Insurance, Technology, Finance, Food Tech, Professional Services, Agritech, Other Natural Resources, Environment, Artificial Intelligence, Agriculture, Natural Resources, Other Technology, Software, Multimedia, Sixth sense, SMHI, Partnership, Investment, Weather, Fintech, Farmer

Farmers Edge Inc. (“Farmers Edge” or the “Company”), a pure-play digital agriculture company, is pleased to announce a pilot project in partnership with Saskatchewan Municipal Hail Insurance (SMHI).

Key Points: 
  • Farmers Edge Inc. (“Farmers Edge” or the “Company”), a pure-play digital agriculture company, is pleased to announce a pilot project in partnership with Saskatchewan Municipal Hail Insurance (SMHI).
  • The project aims to enhance adjudication processes and support risk monitoring using Farmers Edge InsurTech tools, including weather data and crop analytics.
  • View the full release here: https://www.businesswire.com/news/home/20240501298592/en/
    Farmers Edge Inc, a pure-play digital agriculture company, is pleased to announce a pilot project in partnership with Saskatchewan Municipal Hail Insurance (SMHI).
  • “We’re thrilled to announce our collaboration with Farmers Edge, harnessing cutting-edge predictive analytics and remote sensing technology to support our loss adjustment process,” said Rodney Schoettler, Saskatchewan Municipal Hail Insurance CEO.