Nufarm has announced a large research partnership with Old College in Alberta worth a million dollars over five years. The crop protection company says it will establish its first technology development station in Canada at the college, which will include up to 80 acres of land for trials, as well as access to Olds College's... Read More
Category: Ag Business
Bunge's acquisition of Viterra is expected to require regulatory clearance in at least 29 countries, according to documents filed by the company with the U.S. Securities and Exchange Commission (SEC) last week. The 547-page preliminary proxy statement includes new details on how the deal was reached, and how Bunge expects it will proceed. The list... Read More
Syngenta Canada Inc. has named Shaun Vey as its new head of sales for crop protection. Vey steps in to the role immediately. He will lead the national sales and key account team from the company’s office at Calgary, Alta., and serve on the organization’s leadership team. He succeeds Duane Johnson who retired in May... Read More
Maizex Seeds has announced it will sell and promote both its corn and soybeans under the Maizex brand for the 2024 seed year and marketing campaign. When Maizex launched a joint venture with Sollio Agriculture five years ago, it sought to maintain the companies' legacy brands, marketing corn seed as Maizex while soybeans were sold... Read More
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
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