In the News – October 18, 2023

AG tells firm to divest farmland – Arkansas Democrat Gazette, Neal Early

China-state owned is reason

Attorney General Tim Griffin announced Tuesday he is ordering a Chinese-state owned company to divest its ownership of farmland in Arkansas.

Syngenta Seeds, LLC, a company that makes genetically modified corn, wheat, soybeans, vegetable and sunflower seeds, owns about 160 acres of farmland in Craighead County through a subsidiary, Northrup King Seed Co., according to the Attorney General’s Office.

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Tyson joins insect protein industry – Arkansas Democrat Gazette, John Magsam

Springdale-based Tyson Foods Inc. is investing in one of the world’s top insect ingredients companies with plans to bring a production plant to the United States.

Tyson made a direct equity investment in Netherlands-based Protix and has entered a joint venture agreement with the company to operate and construct an insect ingredients facility somewhere in the continental United States, the companies said Tuesday.

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Arkansas River barges slowed by shallow Mississippi – Arkansas Democrat Gazette, Cristina Larue

Barges on the Arkansas River system are facing draft restrictions that are limiting access because of historically low water in the Mississippi River below the Montgomery Point Lock and Dam in Desha County.

The lock isn’t closed but barge tows are limited, said Fred Taylor, project coordinator at Bruce Oakley, Inc; Bruce Oakley manages Jantran, Inc. — acquired by Bruce Oakley in 2011 — which operates vessels on the Arkansas and Mississippi Rivers. Jantran, Inc. is the largest tow service on the Arkansas River, said Bryan Day, executive director at the Port of Little Rock.

Taylor said barges are backing up on both sides of the lock. Montgomery Point is the first lock and dam that tow pilots must navigate headed north on the McClellan-Kerr Arkansas River Navigation System from the Mississippi River.

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