Richardson has made another move to diversify into food processing, announcing the acquisition of a 150-year old British malt company. The Canadian grain company says it has acquired Ragleth Limited, the parent company of Anglia Maltings Limited, headquartered in Norfolk, England. Anglia employs 360 people, operating seven malt facilities in the United Kingdom, Poland, and... Read More
Category: Ag Business
Plans have been announced for a $1.9 billion sustainable aviation fuel (SAF) production facility to be built west of Portage la Prairie, Man. The facility that Azure Sustainable Fuels Corp. intends to build is projected to produce one billion litres of SAF annually, with canola or soybeans as feedstock. It would be the first of... Read More
The official announcement this week of a deal to merge Bunge and Viterra raises a series of questions about how farmers, customers, and both companies' operations will be affected by the marriage of the two global agribusinesses under the Bunge name. When it comes to the Canadian market, farmers and politicians are voicing concerns about... Read More
Bunge and Viterra have reached an agreement that would see the two global agribusinesses unite under the Bunge name. Bunge and Glencore — which owns 50 per cent of Viterra — announced the cash and stock transaction early Tuesday (June 13.) The deal values Viterra at approximately US$8.1 billion, and would see Glencore receive approximately... Read More
Conventional soybean varieties from Syngenta Seeds will now be sold under the Silverline brand. The announcement comes after the company announced early this year that it would move to a new licensing and distribution model with two licensees, Hensall Co-op and Jackson Seed Service, for the 2024 crop year. “The Silverline brand captures the essence... Read More
While the Competition Bureau won't speculate or comment on a hypothetical transaction, such as the purchase of grain company Viterra by grain giant Bunge, it's hard to imagine a scenario where the Bureau would not eventually be involved in ruling on the deal. Under the Competition Act, transactions of all sizes are subject to review... Read More
How farmers grow crops and manage livestock is forever changing. That evolution of agriculture is also reshaping how agribusinesses operate, as companies compete for talent and aim to create a workplace to best support their business, products, and farmer customers. Last week, Syngenta Canada opened the doors to its newly-renovated office at Guelph, Ont., to... Read More
The road back to profitability for the pork sector is likely long and difficult as Canadian producers continue to face a troublesome combination of declining domestic demand, fewer opportunities in export markets, and the spectre of tougher U.S. animal welfare regulations that could drive prices lower. It all adds up to tough times for pork... Read More
Jodie Aldred loves to take pictures, and she's turning her passion for farm snap shots into a burgeoning business. After growing up on her family's beef cow-calf and cash crop farm at West Lorne, Ont., like many farm kids, Aldred headed off to the corporate world. But it wasn't long before the pictures of life... Read More
There's plenty of uncertainty in 2023 grain markets. The potential for big corn and soybean acres combined with weak economic performance could push prices lower as the year unfolds. But there's still plenty of profit opportunity, says AgMarket.Net co-founder Jim McCormick. He shared his take on the markets while participating in a market panel at... Read More