Input Capital — the publicly-traded company based in Saskatchewan that offers canola growers "streaming" financing — has reached a deal to be acquired by Bridgeway National, a publicly-traded holding company headquartered in Washington, DC. Input says the agreement will see shareholders receive cash consideration of $1.75 per share, representing an aggregate value of approximately $97.5... Read More
Category: Ag Business
Domestically, Canada's agri-food system is facing a lot of challenges, but the pressures aren't from just within the country. Many newly-felt pressures are from external forces. A new report from Agri-Food Economy Systems based out of Guelph, Ont., outlines these new pressures on agri-food policy in Canada. The list of those pressures in the report... Read More
Online purchases of crop inputs are growing faster than expected, says the company with the world's largest network of bricks-and-mortar crop input retail locations. Nutrien says total sales through its e-commerce platform surpassed $700 million in the first six months of 2020, exceeding the company's target of $500 million for the entire year. "Our digital... Read More
In the food business, there is likely no more ruthless arena than the grocery store. A recent move by Walmart to impose new costs on suppliers has prompted a group of food and beverage organizations to call on the federal government to step in and regulate the grocery industry. The Canadian Federation of Agriculture, Dairy... Read More
Emotion, money, and legacy are three factors that can potentially contribute to a very bumpy farm business succession. A farm transition doesn't have to end badly, but too often farm families ignore best practices for a succession, based on the illusion that your farm is different from everyone else's. While every farm is unique in... Read More
Investors continue to see potential in agtech, as Farmers Business Network (FBN) has secured US$250 million in funding from a group of new and existing investors. The Series F funding for FBN, announced on Monday, was led by funds managed by New York-based BlackRock Inc., with participation from new investors Baron Capital Group, Balyasny Asset... Read More
Throughout the pandemic there's been some struggle with meat supply chains and consumers getting the products they want. A new app developed by Lyndon Lisitza, Meatocracy, may just be the timely solution to widening the supply chain bottleneck. "The purpose of the app is very simply to bridge the gap between livestock producers and consumers... Read More
The annual Ontario field crop diagnostic days held at Ridgetown, Elora, and Winchester are going virtual! The organizing committees of these three highly successful in-field education and learning events are again partnering with crop researchers and extension, along with support from RealAgriculture and a host of sponsors in 2020. We would like to thank the... Read More
We knew the numbers would be bad, but a recent trade report puts in to perspective just how bad COVID-19 has hit food service, grocery stores, and food supply chains. Kevin Grier of Kevin Grier Market Analysis and Consulting in Guelph, Ont., led the study, and says that food service sales throughout the beginning of... Read More
In an era of "cheap" money, farms could take advantage to solve working capital shortages, set aside savings, or plan for a business transition. But debt restructuring, or taking on more debt even at low rates, is not without its pitfalls. For this episode of the Mind Your Farm Business podcast, Terry Betker, president, and... Read More