Broadacre Agriculture, Inc, a division of Pike Management Group, and Wigmore Farms, Ltd., have entered into creditor protection under the Companies' Creditors Arrangement Act, owing more than $46 million to a laundry list of creditors. Under the Companies Creditors' Arrangement Act, companies can "avoid bankruptcy or foreclosure or seizure of assets while maximizing returns for... Read More
Category: Ag Business
Cargill has announced it is selling its St. Boniface, MB., feed mill to long-standing customer, Standard Nutrition. In addition, Cargill will close its Brandon feed mill, the company says. Standard Nutrition will manufacture feed for Cargill in the Winnipeg area, retaining Cargill’s management and production team to ensure "continuity of service to Standard Nutrition and... Read More
It’s hard to believe that just a few years ago, people in some countries were rioting over the rising price of grain. Production was low and competition was increasing. Natural disasters or some other phenomena had cut into supply, while biofuels and renewable fuel sources that use grain as a feedstock were starting to gain... Read More
On November 5, at Agri-Trade Expo, BASF announced the release of Compass Grower, a new web-based farm management tool. The tool was developed by Affinitiy Management Ltd., a partner of Microsoft, and is intended to fully integrate all aspects of farming in their accounting platform, which combines crop, financial and grain marketing management data. With... Read More
Merck Animal Health has announced "significant progress" in the implementation of its Zilmax Five-Step Plan (follow that link for details). With insights from the company’s advisory board, an extensive assessment and analysis of existing, as well as new product data, was conducted, Merck says. Merck had suspended sales of Zilmax in August of 2013 following... Read More
Farm management and variable rate advisory firm Decisive Farming and Canada’s largest Case IH dealer — Rocky Mountain Equipment — have announced an alliance to integrate tech support for variable rate equipment. “There’s always been a gap in the market before this alliance between the variable rate provider and the equipment dealer. This is closing... Read More
Growth in the area of seed treating and coating has led turf and seed company BrettYoung to build a new multi-million dollar, 28 thousand square foot seed coating facility in the southwest corner of Winnipeg. A grand opening for the seed treatment plant, which has annual capacity exceeding 50 million pounds, was held on Tuesday.... Read More
Cargill has announced it will be closing its grain handling facility at Swan River, Manitoba as of May 31st, 2015. The site, which includes two elevators, "would require significant and costly upgrades in order to maintain the high level of safety and efficiency standards at Cargill," said Jeff Wildeman, the regional manager for Cargill AgHorizons,... Read More
Bayer CropScience (Bayer) and DuPont Crop Protection (DuPont) have signed of an agreement for Bayer to purchase certain DuPont Crop Protection land management assets in the United States, Canada, Mexico, Australia and New Zealand. Through the acquisition, Bayer gains access to DuPont's forestry, range and pasture products and expands its environmental science business unit to... Read More
Toromont Industries is expanding its farm equipment network in Manitoba. The parent company of Toromont Cat has acquired Ag West Equipment Ltd, with its dealerships at Neepawa and Portage la Prairie, for $6 million, inclusive of acquired debt. The acquisition, which occurred on September 30th, was made public with the release of Toromont's third quarter... Read More