The U.S. cattle herd is at its lowest level since 1951, and investors just put $27M behind the platform tracking what's left of it.
Podcast: AgTech Digest: Weekly Agriculture Technology News & Deals · iGrowNews
Opublikowano: 2026-08-28
The U.S. cattle herd is at its lowest level since 1951 — and investors just put $27 million behind the platform tracking what's left of it. Consolidation defined the week. CropX Technologies acquired lab-analysis firm SCIO — its eighth acquisition since 2020 and its largest to date, terms undisclosed — while Indigo Agriculture spun its microbial crop-protection science out as a standalone company, ENAI. At the other end of the cycle, 54-year-old horticultural distributor BFG Supply filed for Chapter 11 with $342.5 million in debt and a $55 million DIP loan, targeting a going-concern sale by October 22 after cutting nearly a third of its workforce. A...