The crop protection company expects $625 million to $675 million of impact from cutting prices on stock held by distributors in Brazil, Argentina, the US and Canada, and will change its US pricing model.
Industrifonden led the Swedish crop genetics company's seed round, taking its total raised to about €7.5 million. The company says its wheat raised yields by up to 41% on saline land in Bangladesh.
Amsterdam-based Source.ag, whose software runs in more than 500 greenhouses in 25 countries, did not disclose terms. Optimal founder Dave Hunter joins as VP Autonomous Control.
NABARD's venture arm has INR 450 crore in commitments for Fund II, which targets a corpus of INR 1,500 crore including a green-shoe option, with NABARD as anchor investor.
Revenue was €1,700.2 million in H1 2026/27 as ethanol margins lifted starch and the sugar loss narrowed. AGRANA guides to full-year EBIT of €90 million to €110 million.
Corteva is now a crop protection company with an $11 billion pipeline. Vylor, the seed and genetics business, targets 2029 net sales of $11.2 billion to $11.9 billion.
First Bridge India Growth Fund led the round. The Jaipur-based maker of power weeders and battery sprayers will expand domestic manufacturing and build dealers in southern India.
From the archive
Reporting from earlier editions of The Agrotech Daily. Figures, prices and policies may have changed since.