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AgTech Navigator News
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Investors are backing Millennial's Banio Project in Gabon as potash prices remain high due to supply disruptions from Russia and Belarus. With a substantial resource base and strategic location near the port of Mayumba, the project is gaining attention for its potential to supply fertiliser to Africa, Brazil, and the US. The recent $750,000 private placement and previous $17.36 million financing will support feasibility studies, environmental assessments, and offtake negotiations. Chairman Farhad Abasov highlights the project's relevance amid global fertiliser security concerns and the geopolitical push for diversified supply routes.
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McCain Foods is launching its Farm of the Future UK in North Yorkshire, aimed at accelerating regenerative agriculture through real-world testing and scaling practices in partnership with the University of Leeds. Despite a slight drop in acreage onboarded to its Regenerative Agriculture Framework, McCain reports increased engagement among farms, and the new site will trial practices to overcome barriers like yield risk and soil compaction. Findings will be independently validated and integrated into McCain’s global sustainability efforts, with potato production starting in 2026.