Bayer's new glyphosate-focused subsidiary Ruveon has withdrawn its petitions in the U.S. seeking aggressive duties on Chinese glyphosate imports following a wave of pushback from farm organizations. Jointly filed by Monsanto Company and Ruveon on June 30, the original petitions requested anti-dumping and countervailing duties ranging from 69 per cent to 446 per cent on... Read More
Category: Ag Business
One of North America's largest John Deere dealers is poised to expand its footprint in the Northern Plains, as RDO Equipment Co. has signed a definitive agreement to acquire True North Equipment’s John Deere agriculture locations across northern North Dakota and Minnesota. The deal, which remains subject to final approval by John Deere, is expected... Read More
Bayer's decision to spin its United States glyphosate business into a new subsidiary known as Ruveon LLC will have no commercial impact on Canadian farmers or retail partners, according to company officials. Bayer announced the consolidation of its entire glyphosate business in the U.S., including pricing, marketing, production, and logistics, into Ruveon on July 1.... Read More
Cargill is set to expand its grain-handling footprint in Western Canada after entering agreements with Parrish & Heimbecker, Ltd (P&H) to acquire three grain elevators and a 50 per cent stake in a West Coast port facility. The deals involve most of the assets that P&H just acquired in its $150 million purchase of GrainsConnect,... Read More
A judge in Alberta has extended the court protection for Monette Farms until the middle of November as the large farming operation begins a court-approved process of selling land to repay lenders, while seeking new investment or financing. The Monette group of companies—one of North America’s largest farming operations—entered creditor protection in April, and owes... Read More
The Canadian government is rolling out a suite of new programs, massive funding pools, and regulatory updates as part of its awaited national food security strategy announced by Prime Minister Mark Carney on Thursday. The 27-page strategy explains how the government plans to increase the availability and reduce the price of domestically-grown food through four... Read More
Ontario dairy goat producers are one step closer to establishing a formal marketing board after receiving enough support in a producer vote to move the process forward. The Ontario Ministry of Agriculture, Food and Agribusiness (OMAFA) has authorized the Ontario Farm Products Marketing Commission to proceed with the next steps toward establishing a marketing board... Read More
In this episode of The Truth About Ag, hosts Kristjan Hebert and Evan Shout are joined by Pierre Petelle, president and CEO of CropLife Canada, for a discussion on regulation, innovation, and Canada’s competitiveness in agriculture. Petelle outlines CropLife Canada’s role in advocating for a business environment that encourages companies to bring new crop protection…Read More
B.C.-based poultry business Sunrise Farms has unveiled plans to build a federally-inspected processing facility at Woodstock, Ontario. Representatives from Sunrise joined Vic Fedeli, Ontario's Minister of Economic Development, Job Creation and Trade, local MPP Ernie Hardeman, and local dignitaries for a press conference announcing the investment on Wednesday. The proposed 155,000 square-foot facility is projected... Read More
Canadian farmers are being introduced to a new national initiative designed to help bridge one of agriculture’s biggest technology gaps: proving whether new agtech innovation and tools actually deliver value under real farm conditions. Following its launch this month in Winnipeg, the Agriculture Innovation, Validation and Adoption Network (AIVA) aims to connect farmers, researchers, and... Read More