Today, the House of Representatives passed S. 764, the Roberts-Stabenow Agreement, with bipartisan support. Tom Dempsey, President & CEO, SNAC International praised the membership for their hard work in getting this legislation passed.
The FAO Food Price Index averaged 163.4 points in June 2016, 6.6 points (4.2 percent) higher than in May. Not only did the June increase mark the fifth consecutive monthly rise, but it also represented the largest monthly increase in the past four years.
Novacap, a Canadian private equity firm, announced today that they have sold Idaho Pacific, a company specializing in dehydrated potato products to Arlon Group, a food and agriculture investment firm with a global network that supports investments across the entire food supply chain in the Americas.