Tyson Foods Inc. is investing in Malayan Flour Mills Berhad (MFM), a Malaysian flour, grain and poultry company. Tyson is planning specifically to invest in the company’s vertically integrated poultry division. Tyson is purchasing a 49 percent stake in MFM’s…
Category:
Agriculture
- AgricultureAMP NewsBusiness
Producers Relieved by Exemption from South African Travel Ban for H-2A Rice Workers
Arkansas produces roughly 50 percent of the rice that is grown in the United States with about 1.5 million acres under cultivation. Producers rely heavily on highly-skilled H-2A visa workers from South Africa. So, it sent shock waves throughout the…
- AgricultureAMP NewsPolitics
Boozman Formally Named Ranking Member of Senate Agriculture Committee
by Tyler Haleby Tyler HaleU.S. Senator John Boozman (R) has officially been named the ranking member of the U.S. Senate Committee on Agriculture, Nutrition and Forestry. During a Tuesday, Feb. 2 hearing for Thomas Vilsack’s nomination to serve as U.S. Secretary of Agriculture, Boozman,…
- AgricultureAMP NewsBusinessStartup AR
AcreTrader Increased Farmland Investments by 12 Times in 2020
by Tyler Haleby Tyler HaleIn 2020, Fayetteville startup AcreTrader experienced significant growth, expanding both its investor pool and total funds raised. According to the company, AcreTrader increased its total funds raised by a factor of 12. The platform’s investor pool also increased in 2020…
- AgricultureAMP NewsBusiness
Terry Harris Retires from Riceland Foods After 45 Years
by AMP Staffby AMP StaffRiceland Foods’ senior vice president of operations Terry Harris has retired from the company after 45 years of service. Harris officially retired on Jan. 29, 2021. He began his career with Riceland in 1975, starting as a quality control grader.…
- AgricultureAMP NewsBusinessManufacturing
Beyond Meat and PepsiCo Join Forces on Plant-Based Protein Venture, Sending BM Stock Soaring
by Tyler Haleby Tyler HalePepsiCo Inc. and Beyond Meat are partnering on a new venture to develop and market snacks and beverages made from plant-based protein. The announcement of the collaboration sent Beyond Meat’s stock soaring on Tuesday. This new venture, called The PLANeT…
- AgricultureAMP NewsPolitics
New Bill Would Increase Governor Appointments to State Plant Board
by Tyler Haleby Tyler HaleA recently filed bill would realign the manner in which the members of the Arkansas State Plant Board are appointed to the agency. House Bill 1210 (HB 1210), sponsored by Rep. David Hillman (R-Almyra), would amend how individuals are appointed…
- AgricultureAMP NewsBusiness
Bill Gates Becomes Biggest U.S. Farmland Owner, Has Extensive Arkansas Land Holdings
by Tyler Haleby Tyler HaleBest known as the co-founder and former CEO of Microsoft, Bill Gates now lays claim to a new title: the biggest farmland owner in the United States. According to the Land Report, which bills itself as the “Magazine of the…
- AgricultureAMP NewsBusinessManufacturing
Peco Foods Adding Operations to Pocahontas Plant as Part of Company Realignment
by Tyler Haleby Tyler HaleAlabama-based Peco Foods will be adding operations to its Pocahontas plant as part of a company-wide realignment. This realignment is aimed at realigning the family-owned poultry company with “changing customer needs and economic conditions,” according to a Peco Foods release.…
- AgricultureAMP NewsBusiness
Six Named to Arkansas Agriculture Hall of Fame in 2021
by Tyler Haleby Tyler HaleSix individuals will be inducted into the Arkansas Agriculture Hall of Fame in 2021 as part of Class XXXIV. The new inductees include Rick Cartwright of Fayetteville, Joe Don Greenwood of Hermitage, the late Russell Roy Reynolds, Randy Veach of Manila,…