AgJunction, a global provider of advanced guidance, auto-steering, and autonomy solutions for precision agriculture applications, is entering an agreement to be acquired by Kubota, in an all-cash transaction, for a total equity value of approximately $91 million. Lori Ell, chair of the AgJunction board of directors, says they are pleased with the transaction, "which offers... Read More
Category: Ag Business
The governments of Canada and Manitoba are providing $1.5 million for Manitoba Egg Farmers (MEF) to establish the Egg Layer Research and Public Engagement Facility at the University of Manitoba's (UM) Glenlea Research Station. Manitoba Agriculture and Resource Development Minister Ralph Eichler made the announcement on October 8, in honour of World Egg Day. "I... Read More
Maple Leaf Foods says it has completed a $182 million expansion at its prepared meats plant in Winnipeg, Man., creating a "Bacon Centre of Excellence." The 73,000 square-foot addition to the facility on Lagimodiere Boulevard will significantly increase the company's capacity for making pre-cooked, microwaveable bacon. "We are very excited to see this project come... Read More
The ongoing global shortage of semiconductor chips has created difficult times for farm machinery makers, but there may be light at the end of the tunnel. CNH Industrial CEO Scott Wine says equipment makers, such as the company's Case IH and New Holland brands, still have some tough months ahead and are "probably nine months... Read More
Farm Management Canada (FMC) has released a new research report that investigates the business management needs of Indigenous agricultural producers in Canada. The report, titled “The Path Forward: Supporting the Business Management Needs of Indigenous Producers,” was made possible by participation of indigenous agricultural business owners from coast-to-coast in surveys, focus groups, and interviews, says... Read More
Croptimistic Technology and Combyne Ag have announced a partnership, effective Wednesday, September 29. Farmers across North America can use SWAT MAPS to show management impacts on soil, water, and air, the companies say. Through the integrated SWAT MAPS and Combyne Ag platform, called Combyne Connect, farmers will be able to show buyers their digital soil... Read More
Protein Industries Canada (PIC), in collaboration with several partners, has launched a sector roadmap for Canada's plant-based food, feed, and ingredients sector. The roadmap outlines key actions that will help the sector reach its goals in a strategic manner, including supplying the ingredients for 10 per cent of the global plant-based food products by 2035.... Read More
For Western Canada, the 2021 growing season has been one of the worst on record for both severe drought and extreme heat. As a result, the risk of injury from herbicide carryover in sensitive crops in the 2022 growing season is high, so much so that BASF has issued an urgent notice to growers for... Read More
What are the risks for the 2022 crop? Weather, of course, is always a factor, but what about the markets? What if we can compared the risks of the market declining, to the possibility of input prices further rising? Margins could be a heck of a lot tighter next year, unless commodity prices make moves... Read More
Canadian Pacific (CP) Railway's plan to acquire Kansas City Southern (KCS) is one major step closer to becoming a done deal. The companies signed a merger agreement on Wednesday after rival Canadian National (CN) Railway waived its right to a five-day period to negotiate new terms with the coveted Kansas City-based railroad. The US$27.2 billion... Read More