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The Produce Reporter Week in Review – August 25, 2023
Pamela and Greg discuss Hurricane Hilary’s potential effects on fresh produce, a big acquisition in the foodservice business, and the...
Walmart expands drone delivery through partnership with Alphabet
Two years ago, Walmart BB #:143789 embarked on a journey to make the convenience of drone delivery a reality for...
A warm welcome for FDA’s human foods administrator
Blame my odd sense of humor. When I see the words “human foods,” I think of the product that is...
Instacart files for Initial Public Offering
SAN FRANCISCO, August 25, 2023 – Maplebear Inc. d/b/a “Instacart” today announced that it has filed a registration statement on Form S-1...
Peruvian grape exports 30% above last year
So far in 2023, Peruvian grape exports reached 331,022 tons, showing growth close to 30 percent compared to what was...
Big Idaho Potato Truck completes first international trip
Spuddy Buddy, the Idaho Potato Commission’s BB #:162339 smiley mascot, presents his passport for the Big Idaho Potato Truck’s first...
M&A activity: The role of private equity
The role of private equity—and its impact on mergers and acquisitions (M&A)—continues to evolve. Elyse Lipman, CEO of Lipman Family...
Merchants Distributors, Lowes Foods parent gets financial boost
RALEIGH, N.C., Aug. 23, 2023 /PRNewswire/ — First Citizens Bank today announced that it served as syndication agent, joint lead...
Subway announces sale to Roark Capital
MIAMI, Aug. 24, 2023 /PRNewswire/ — Subway today announced that it has entered into a definitive agreement to be acquired...
Plenty expands distribution to Whole Foods, Gelson’s in California
August 24, 2023 SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Plenty Unlimited Inc. BB #:382600 today announced it has doubled its retail presence,...
USDA gives $72.9MM in specialty crop grants
WASHINGTON, Aug. 23, 2023 — The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) today announced $72.9 million awarded...
IFPA previews industry outlook at Global show
Washington D.C. and Newark De. – The Global Produce & Floral Show is a force for discovery. Nowhere is that...
AI sorts crops from weeds
The big money in American agriculture is in the major commodities such as corn, soybeans, and wheat. It would make...
Hurricane Hilary update: Prices rising for many items
Markon Cooperative BB #:123315 released this crop update August 23, 2023: Hurricane Hilary is impacting several markets this week. Long-term...
The Fresh Market announces new partnership
The Fresh Market to Sponsor Season 12 of The VeryVera Show GREENSBORO, NC – August 24, 2023 – Teaming up...
M&A activity: The importance of alignment
The sectors being impacted by mergers and acquisitions (M&A) change over time. Much consolidation has occurred in the grocery retail...
Highland Ag Solutions introduces Highland Hub’s Compliance Tracker
Mulberry, FL (August 22, 2023) – Highland Ag Solutions, BB #:343679 a leader in agricultural technology, has released its latest...
Chiquita partners with Brooks for “Ready, Set, Peel!” promotion
In a partnership that celebrates a shared commitment to health, vitality, and active living, Chiquita BB #:138475 and Brooks Running...