In Minnesota, Ceres Global Ag Corp. announced that it is suspending its previously-announced canola crush project at Northgate, Saskatchewan. The company’s decision to pause the project is due to a variety of factors, including but not limited to, inflationary pressures resulting in higher costs than initially projected and shifting macroeconomic conditions. Consistent with the foregoing, […]
In Indiana, Newtown County Enterprise reports that Jasper County will soon have its first E15 fueling station thanks to efforts from two farmer-owned cooperatives and the U.S. Department of Agriculture. Ceres Solutions owns the CountryMark-branded station in Rensselaer, Indiana, where the new fuel will be made available later this year. “As we all look to […]
In California, Land O’Lakes will acquire Ceres for a price of $17.2 million, or $0.40 per share. Land O’Lakes is the largest US grower’s co-operative. The price per share of common stock represents an 81% premium to the closing price of Ceres shares of common stock on June 16, 2016. Upon completion of the transaction, […]
In Brazil, Ceres announced that the company has received approval to initiate field testing of its biotech sugarcane in the country. The company plans to test its biomass and sugar yield and stress tolerance traits in several commercial sugarcane cultivars adapted to Brazil’s major production areas. The field evaluations, which were approved by Brazil’s Ministry of Science, Technology and Innovation, […]
In California, Ceres announced the a realignment of its business to focus on food and forage opportunities and biotechnology traits for sugarcane and other crops. As part of the realignment, the company will restructure its Brazilian seed operations and is exploring discussions with additional local partners and collaborators to support the continued development and commercialization of […]
In Brazil, Ceres says the company is pulling back from research into bioenergy crops due to low prices and a sinking domestic economy and will instead focus on sugarcane for food and feed. Unfavorable biofuels policies as well as delays in bringing to market second generation biofuel production technologies have helped to support the decision […]
In California, Ceres has been awarded a U.S. patent for a genetic sequence derived from soybean, covering uses of the gene in areas such as research, product development and plant transformation. The company believes that its gene is useful in regulating key biosynthetic processes that are the target of a class of commercial herbicides. Ceres […]
In Brazil, Ceres and Raizen announced that they have signed a multi-year collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet sorghum can be grown to complement existing feedstock supplies and extend the operating season of Brazilian sugarcane-to-ethanol mills. Under the collaboration, the companies will each contribute in-kind services and resources […]
In Brazil and California, Ceres and Raízen announced that they have signed a multi-year collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet sorghum can be grown to complement existing feedstock supplies and extend the operating season of Brazilian sugarcane-to-ethanol mills. Under the collaboration, the companies will each contribute in-kind services […]
In California, Ceres has announced three new seed product offerings including three forage sorghum hybrids following positive results from commercial evaluations last season. The company’s expansion into the forage market is expected to bring innovative new products to growers and producers, including hybrids with higher yields, greater disease resistance and improved nutrition. Ceres’ products also […]
