AAFC

Barchart Forecasts Slight Production Increase for US Corn and Soybeans in Final 2021 Estimates

Retrieved on: 
Tuesday, November 2, 2021

This compares to the USDA's 4.4B bu of production and 51.5 bu/ac yield.

Key Points: 
  • This compares to the USDA's 4.4B bu of production and 51.5 bu/ac yield.
  • Barchart, a leading provider of data services, software and technology to global commodity buyers, agriculture, and the food supply chain, has released their final 2021 Yield and Production forecasts for U.S. and Canadian field crops.This latest report indicates a slight increase in U.S. crop production and yield for both corn and soybeans, while Canadian production forecasts remain relatively unchanged over the past month.
  • "As we wrap up our 2021 crop production forecasts, we have adjusted our estimates to show a slight increase in yield for U.S. corn (182.8 bu/ac vs. 182.3 in October) and soybeans (51.4 bu/ac vs. 51.3 bu/ac in October)," said Barchart CEO Mark Haraburda.
  • To learn more about Barchart's Crop Production Forecasts or to receive API access, please visit our website .

NRGene Accelerates Growth with a New Office and Genotyping Lab in Canada

Retrieved on: 
Thursday, October 28, 2021

NRGene (TASE: NRGN), a leading genomics company, announces the official opening of its new office and genotyping lab in Saskatoon, Canada.

Key Points: 
  • NRGene (TASE: NRGN), a leading genomics company, announces the official opening of its new office and genotyping lab in Saskatoon, Canada.
  • In May 2020, NRGene announced its intentions to run local operations in Canada and Dr. Masood Rizvi, General Manager of NRGene Canada, was appointed to lead and oversee this expansion.
  • By opening its first genotyping lab in Canada, NRGene fulfilled its strategic decision to strengthen its presence in the industry value chain.
  • This new lab will allow NRGene to provide its customers with full genotyping solution and complement NRGenes computational capabilities.

Barchart Cuts Crop Production Forecasts and Yield for U.S. and Canada

Retrieved on: 
Tuesday, October 5, 2021

U.S. Corn Production - Forecast at 15.3B bu with a yield of 182.3 bu/ac.This compares to the USDA's 15.0B bu of production and 176.3 bu/ac yield.

Key Points: 
  • U.S. Corn Production - Forecast at 15.3B bu with a yield of 182.3 bu/ac.This compares to the USDA's 15.0B bu of production and 176.3 bu/ac yield.
  • Soybean Production - Forecast at 4.4B bu with a yield of 51.3 bu/ac.This compares to the USDA's 4.4B bu of production and 50.6 bu/ac yield.
  • Canadian Spring Wheat Production - Forecast at 746.5M bu with a yield of 46.3 bu/ac.This compares to the AAFC's 668.0M bu of production and 38.7 bu/ac yield (includes spring wheat and winter wheat, excludes durum wheat).
  • Canadian Soybean Production - Forecast at 223.1M bu with a yield of 42.2 bu/ac.This compares to the AAFC's 216.4M bu of production and 40.9 bu/ac yield.

AAFC Appoints Stephen Hackett as Senior Vice President of Structured Finance

Retrieved on: 
Tuesday, September 21, 2021

African Asset Finance Company Inc. ("AAFC"), a U.S.-based non-bank financial and equipment leasing firm, has hired Stephen Steve Hackett, a veteran in international structured finance and international leasing, as Senior Vice President of Structured Finance.

Key Points: 
  • African Asset Finance Company Inc. ("AAFC"), a U.S.-based non-bank financial and equipment leasing firm, has hired Stephen Steve Hackett, a veteran in international structured finance and international leasing, as Senior Vice President of Structured Finance.
  • Given his extensive background and international experience in leasing, structured finance, and corporate finance, we expect Steve to play an integral role in enabling us to achieve these objectives.
  • Mr. Hackett comes to AAFC with extensive experience in financial services, specializing in structured products.
  • African Asset Finance Company Inc (AAFC) is a rapidly growing specialty finance company.

Ethio Lease Appoints Fregenet Getachew Desta as CEO

Retrieved on: 
Wednesday, September 8, 2021

African Asset Finance Company Inc. (AAFC), a U.S.-based non-bank financial and equipment leasing firm, today announced the appointment of Fregenet Getachew Desta as acting CEO of Ethio Lease.

Key Points: 
  • African Asset Finance Company Inc. (AAFC), a U.S.-based non-bank financial and equipment leasing firm, today announced the appointment of Fregenet Getachew Desta as acting CEO of Ethio Lease.
  • Ethio Lease, which provides capital leases to Ethiopian businesses for equipment in a range of vertical markets, is a subsidiary company of AAFC.
  • Ms. Fregenet, who reports to the Board of Directors of Ethio Lease and is a member of the AAFC management team, will lead all activities in Ethiopia.
  • Ms. Fregenet joins Ethio Lease and AAFC with 20 years of experience working in different multinational pharmaceutical companies and International NGOs in the UK, Ethiopia, Kenya, Tanzania and Uganda.

Barchart Raises U.S. Crop Production Forecasts and Cuts Canadian Estimates

Retrieved on: 
Tuesday, September 7, 2021

CHICAGO, Sept. 7, 2021 /PRNewswire/ -- 

Key Points: 
  • Canadian Spring Wheat Production - Forecast at 773.1M bu with a yield of 47.9 bu/ac.
  • This latest report indicates an increase in U.S. crop production for both corn, soybeans and hard red winter wheat, while Canadian production forecasts are showing a decrease for spring wheat and soybeans.
  • Crop production forecasts from Barchart help users stay ahead of the curve throughout the growing season.
  • To learn more about Barchart's Crop Production Forecasts or to receive API access, please visit our website .

Publication of Rapeseed Genome Assemblies Could Inform Breeding of Better-Performing, More Sustainable Varieties

Retrieved on: 
Friday, January 10, 2020

This project reached a key milestone in completing the full assembly and mapping the genomes of 10 diverse varieties, cultivated in the USA, Canada, and Europe.

Key Points: 
  • This project reached a key milestone in completing the full assembly and mapping the genomes of 10 diverse varieties, cultivated in the USA, Canada, and Europe.
  • The genome assembly and complete genome mapping was done using NRGenes DeNovoMAGIC technology.
  • Rapeseed (canola type) is a major vegetable oil crop farmed on approximately 35 million acres around the world.
  • Rapeseed oil is considered a high-quality vegetable oil and is commonly used in food production and diverse industrial applications, including biofuel.