One of India’s largest farm producer organizations (FPO), Sahyadri Farmers Producer Co, is integrating blockchain into its business process. FPOs are member-based institutions of farmers that are the result of a government-led initiative. The organizations help fars sell agricultural produce at the most advantageous prices. Local news outlet The Hindu Business Line reported that Sahyadri will use blockchain for its supply chains to increase efficiency and transparency in the traceability of food products. A win-win for customers and farmers The founder of Sahyadri, Vivek Shinde, said that in the present scenario, farmers get only 25% of the final price of …

A blockchain-based agtech startup Agri10x has inked a partnership with the Indian government to help farmers sell their produce directly to buyers. According to a report published by local news outlet Business Standard, Agri10x will gain access to half a million government-affiliated common service centers that will help farmers in rural areas register on the Agri10x platform. Indian agriculture industry has huge room for disruption A report on sale of food produced by Indian farmers suggest that between 69 to 73% of produce left with farmers is sold below the Minimum Support Price (MSP). Due to the failure of government …

Australian livestock tracking platform Aglive has completed a pilot that monitored shipments of beef to China. Aglive’s trial was launched during late-January and was conducted in partnership with global shipping logistics company DB Schenker and industry body Meat and Livestock Australia. The pilot saw cattle tracked from Macka’s cattle farm in regional New South Wales to an abattoir located in the same state. From there, frozen beef products were tracked across the supply chain as the meat was transported by land freight interstate to Queensland, and then shipped to Shanghai — ensuring that the products were stored under safe conditions …

COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs, all likely to impact millions of Americans. Meat processing plants around the U.S., which emerged as the world’s epicenter of the pandemic, have seen huge outbreaks of COVID-19, as the virus has spread quickly among workers crammed in close quarters, often without recommended protective gear. “After the outbreak was announced in the U.S., we never stopped working,” a meatpacking employee said. He continued: “I …

Covantis, a blockchain agribusiness initiative backed by major industry company ConsenSys, has taken another step towards transforming global trade and supply chain operations. Backed by global agribusiness giants like Cargill and Bunge, Covantis has been officially established as a legal entity in Geneva after receiving all necessary regulatory approval. First tests are expected to be carried out in May 2020 According to a March 31 announcement, the company is the joint initiative of six founding members: Archer Daniels Midland (ADM), Bunge, Cargill, COFCO, Louis Dreyfus Company and Glencore Agriculture. While Covantis’s legal entity has been established, the blockchain platform is …

Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen — with an increased climate estimated to have reduced yearly profits by 22%. The current bushfire season has had a disastrous impact on the agricultural industry. NASA mapping data estimated that 8.6 million sheep and 2.3 million cattle across New South Wales and Victoria were affected, and about 500,000 total livestock perished. While harsh temperature drops and intermittent rainfall provides an illusion that the worst is over, this is far from the …

A UK tech company recently announced a blockchain ecosystem for farmers in Haiti, bringing clarity to the supply chain while bolstering sales. Agriledger, a blockchain outfit based in the UK, was responsible for building this new ecosystem. Their goal was ensuring that farmers receive adequate pay for their crops, a Feb. 28 post from Spring Wise stated. “The solution being delivered to Haiti in the fresh fruit value chain is the blueprint for a number of target markets locally and globally,” a representative from Agriledger told Cointelegraph. “The approach is to create trade and financial opportunities for farmers but then …

Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected major Ethereum-focused firm ConsenSys as a technology partner. Within the partnership, ConsenSys will build an Ethereum-based blockchain platform to digitize the post-trade finance industry and bring efficiencies and cost savings to the international agribusiness supply chain, Covantis said in a Jan. 23 press release. Four agribusiness giants established the initiative in 2018, while Covantis’ name came out months ago The concept of Covantis was established in October 2018, when four of the biggest global agribusinesses companies announced a joint initiative to digitize their global shipping transactions using …

AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed in partnership with BanQu tracks all the local suppliers of AB InBev, replacing the paper trail. AB InBev is a multinational conglomerate born out of the merger of several established beer producers. It includes Budweiser, Stella Artois and Corona as some of its most recognizable brands. The company has adopted a strategy of using local suppliers, receiving tax breaks for their added contribution to the country’s economy. However, this proved to …

Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. Dubbed KPMG Origins, the tool is designed to increase transparency and traceability of processes in multiple industries such as agriculture, manufacturing and financial services, the firm announced on Nov. 28. The official launch of KPMG Origins in Australia, China and Japan comes after successful pilot implementations with clients in those countries, the press release notes. Trial participants include Cane Growers and SunRice Incorporating a number of emerging technologies like blockchain and the Internet of Things, KPMG Origin intends to improve supply …

American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace the journey of beef from Kansas to Japan, the firm announced on Nov. 11. As announced by UPS, the jointly-delivered shipment involved a blockchain partner network developed by HerdX. Meanwhile, UPS provided its visibility tool that integrates with HerdX's blockchain technology and records live updates, registering details throughout the journey. U.S. Embassy and Japanese officials checked the blockchain-recorded beef The pilot was supported by the …

Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry. Letter of intent Enterprise blockchain news outlet Ledger Insights reported on the partnership on Sept. 26, also noting that the two firms signed a letter of intent to develop their solution to increase traceability and transparency. Per the report, the initiative was announced at this week’s Apsara Conference in Hangzhou, China. Ant Financial also reportedly informed the public that it intends to extend its partnership with Hyperledger to work on interoperability, standards and blockchain applications. …