ARDEN HILLS, Minn. and
HOFFMAN ESTATES, Ill.,
Nov. 14, 2018 /PRNewswire/ -- Land
O'Lakes SUSTAIN and global ingredient supplier Tate & Lyle
today announced a new collaboration to advance conservation
practices on Midwest farms – specifically in sourcing sustainable
corn. The relationship enables Tate & Lyle, a significant user
of U.S.-grown corn, to enhance sustainable agriculture by helping
corn farmers target and measure the impact of their environmental
stewardship efforts, using the latest technology.
The collaboration leverages the Truterra™ Insights Engine, a new
interactive on-farm digital platform from Land O'Lakes SUSTAIN,
that helps farmers scale their environmental stewardship efforts
and assess return-on-investment in real time, acre-by-acre. In
turn, the Truterra Insights Engine supports Tate & Lyle to have
greater visibility of its environmental footprint beyond the
factory gates, enabling the company and its customers to make
informed decisions about their supply chain environmental
strategies.
"This collaboration bolsters Tate & Lyle's efforts to
increase sustainability throughout the value chain, using the
industry-leading Truterra Insights Engine," said Matt Carstens, Senior Vice President of Land
O'Lakes SUSTAIN. "Our on-farm conservation practices and technology
support a two-pronged approach to sustainability – helping protect
natural resources while improving farmer livelihoods. Consumers
care deeply about how their food is produced. Land O'Lakes SUSTAIN
can aid in implementing specific conservation practices to achieve
broader sustainability goals for food companies like Tate &
Lyle – and help them demonstrate the results in clear terms."
"At Tate & Lyle, we recognize our responsibilities when it
comes to environmental stewardship and, with this partnership, we
are strengthening the sustainability of our agricultural supply
chain," said Jim Stutelberg,
President Primary Products at Tate & Lyle. "By utilizing the
expertise and network of Land O'Lakes SUSTAIN and employing the
Truterra Insights Engine, we can build on the great work farmers
are already doing to care for the air, land and water and partner
and provide greater visibility to drive sustainability in our
business."
Farmers are supported through the Land O'Lakes SUSTAIN
agricultural retailer network in the Midwest, including Ceres
Solutions, The Equity and Premier Ag. These well-known agricultural
retailers are trusted advisors to farmers and are well positioned
to provide insights and information to farmers to enable them to
make meaningful changes to their ways of working, spreading best
practice throughout the farming community.
"True sustainability starts on the farm," said Betsy Bower, Agronomist at Ceres Solutions, a
leading agricultural retailer in Indiana. "In order to deliver large-scale
corporate sustainability commitments, we need to work with the
farmer on every acre in a way that works for them and their
business. Utilizing the Truterra Insights Engine through
partnerships like this one make scalable impact possible. Together,
we continuously adapt to improve the delicate balance between
productivity, profit and preservation."
The Truterra Insights Engine is designed to facilitate
collaboration and impact throughout the industry. The full suite of
the Truterra offering uses technology and collaboration to advance
the food and agricultural industry's ability to enable conservation
at scale across a variety of crops, commodities and
commitments.
About Land O'Lakes SUSTAIN
Land O'Lakes SUSTAIN is a
leading stewardship solutions provider, advancing and connecting
stewardship efforts throughout the food system with scale – from
farmers to ag retailers to partners like food companies. Land
O'Lakes SUSTAIN positions farmers for success by providing them
tools and resources to track progress on every acre they farm. Land
O'Lakes SUSTAIN's network brings together the best in agricultural
technology and on-farm business management to drive sustainability
across the food system, feeding people, helping farmers safeguard
natural resources and supporting farmer livelihoods. Land O'Lakes
SUSTAIN was launched in 2016 by Land O'Lakes, Inc., a member-owned
cooperative that spans the spectrum from agricultural production to
consumer foods. With 2017 annual sales of $14 billion, Land O'Lakes is one of the nation's
largest cooperatives, ranking 216 on the Fortune 500. Land O'Lakes,
Inc. corporate headquarters are located in Arden Hills, MN. For more information on Land
O'Lakes SUSTAIN, visit www.landolakessustain.com.
About Tate & Lyle
Tate & Lyle is a global
provider of solutions and ingredients for food, beverage and
industrial markets.
Tate & Lyle operates through two global divisions, Food
& Beverage Solutions and Primary Products, supported by the
Innovation and Commercial Development and Global Operations teams.
Food & Beverage Solutions is focused on growth by building
leading positions globally in the categories of beverages, dairy,
and soups, sauces and dressings. Primary Products is focused on
delivering steady earnings and generating cash.
Food & Beverage Solutions consists of: Texturants, including
speciality starches; Sweeteners, including low- and no-calorie
sweeteners; and a Health and Wellness portfolio comprising mainly
speciality fibres; and Stabilisers and Functional Systems, which
are bespoke ingredient blends that ensure foods retain their
structure.
Primary Products consists of high-volume sweeteners, industrial
starches and fermentation products (primarily acidulants). It
also sells co-products from the corn milling process as animal
nutrition.
Tate & Lyle is listed on the London Stock Exchange under the
symbol TATE.L. American Depositary Receipts trade under TATYY. In
the year to 31 March 2018, Tate &
Lyle sales totalled £2.7 billion. For more information, please
visit www.tateandlyle.com.
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SOURCE Land O’Lakes, Inc.; Tate & Lyle