The Canada Pension Plan Investment Board was the winning bidder as Switzerland-based commodities giant Glencore sought to sell a chunk of its agricultural assets, including grain company Viterra. The CPPIB and Glencore announced last week they have reached a deal that will see the CPPIB pay $2.5 billion for a 40 percent stake in Glencore's... Read More
Category: Ag Business
Clean Seed Capital Group is celebrating the completion of its first production model CX-6 SMART Seeder in Steinbach, Manitoba. Company executives and dignitaries were on hand for a commercial launch ceremony on Tuesday at WS Steel Manufacturing, the company hired to build 100 units over the next three years. For distribution, Clean Seed signed a... Read More
The Canadian Pension Plan Investment Board has reached a deal to buy 40 percent of Glencore's agricultural business, which includes Viterra, for US$2.5 billion. "We are pleased to be partnering with CPPIB as we embark on the next stage of the development of Glencore Agri," said Glencore CEO Ivan Glasenberg in a statement early Wednesday... Read More
Canadian farmers are still wondering whether they’ll get a chance to plant Roundup Ready 2 Xtend soybeans this spring. They’ll likely get their answer in mid-April. In February, Monsanto Canada announced it had received import approval from China for the glyphosate and dicamba tolerant soybeans, giving the company the confidence to ensure Canadian farmers that... Read More
Canterra Seeds and the University of Saskatchewan's Crop Development Centre have finalized their arrangement for the distribution of CDC-developed pea varieties in the U.S. After winning the rights in an open-bid competition last year, Canterra — with its U.S. affiliate Meridian Seeds — and the CDC have been determining which varieties to include in the... Read More
In the summer of 2014, Cor Van Raay, a renowned agricultural entrepreneur in southern Alberta, donated $5 million to Lethbridge College and the University of Lethbridge to establish the Cor Van Raay Southern Alberta Agribusiness Program. And, as of last fall, the first initiative was offered under the program. The initiative is called the Agriculture... Read More
Providence Grain Group and Lansing Trade Group have announced they're consolidating their western Canadian grain businesses under the Providence Grain Solutions name. Lansing is also investing in Providence and will own approximately 38 percent of the company, which will keep its headquarters in Fort Saskatchewan, Alberta. "Providence is honoured to welcome Lansing’s Western Canada employees... Read More
They've built it, now it’s time to come. With the 2016 Canadian Dairy XPO just two weeks away, show organizers are getting ready to unveil the new WeCover Cow Coliseum and pedestrian bridge that will connect the building to the Stratford Rotary Complex. The steel bridge will carry the more than 15,000 visitors expected to... Read More
Crop input distributor Univar has acquired Saskatoon-based fertilizer wholesaler Nexus Ag. Founded in 1997, Nexus operates six regional warehouses, selling micronutrients, specialty fertilizers, potash, phosphates, and liquid and soluble nutrients, including products under its own brands YieldMax and Nexus. "As a recognized leader in the fertilizer business in Western Canada, the addition of Nexus Ag... Read More
John Deere continues to update its online tools to give farmers easier access to information to manage their operations. The latest updates to the John Deere Operations Center were unveiled at the National Farm Machinery Show in Louisville, Kentucky, in February. The Operations Center allows users to see performance over time and collaborate with partners... Read More