Brazil’s Administrative Council for Economic Defense (CADE) has approved Orígeo, a new joint venture between Bunge Ltd., St. Louis, and India-based UPL Ltd. (GM July 1, p. 28), according to the Official Gazette and CADE’s website.
Orígeo will combine Bunge’s expertise in financing, marketing, and logistics and UPL’s portfolio of sustainable agricultural inputs, solutions, and services.
Orígeo will serve farmers who already have relationships with Bunge and UPL in the region known as Mapitobapa, which comprises Maranhao, Piaui, Tocantins, Bahia, and Para states. It will offer inputs such as seeds, pesticides, bio-solutions, and fertilizers; assistance for crop planning; agronomic advice; sustainability consultancy and certifications in regenerative and low carbon agriculture; agricultural finance solutions; and harvest marketing and logistics services.
The company will also offer farmers digital agriculture services, including real-time information, recommendations, and alerts using field data collected by satellite.