The founder of Genesis Fertilizers has stepped down from his role leading the company that is planning to build a farmer-backed nitrogen fertilizer plant at Belle Plain, Saskatchewan. Jason Mann remains on the board as a director for Genesis, but has relinquished his titles of CEO, president, and board chair. In a June 20 notice... Read More
Category: Ag Business
Saskatoon-based crop input supplier AgraCity has notified its farmer customers it is unable to fulfill outstanding orders for product that they've already paid for. "AgraCity has experienced some cash flow issues and has been in a process to refinance our business. This process has unfortunately taken much longer than expected and has resulted in product... Read More
The Canadian Agricultural Human Resource Council (CAHRC) has announced a partnership with the University of Guelph’s School of Continuing Studies (SCS) to deliver practical, industry-informed human resources (HR) training tailored specifically to farm and rural business operations. Through this collaboration, the University’s new Certificate in People Management will include a tailored elective stream, HR for... Read More
The former Merit Functional Foods plant protein facility that has sat vacant in Winnipeg, Man., since 2023 has been purchased out of receivership by the company's former co-CEOs. Ryan Bracken and Barry Tomiski's bid to buy the shuttered pea and canola processing facility was approved by the Manitoba Court of King's Bench, and closed as... Read More
An unnamed buyer has signed an agreement to purchase the former Merit Functional Foods plant protein processing facility in Winnipeg, Manitoba. The plant has sat vacant since Merit entered receivership in early 2023, owing $95 million to its two main creditors — Export Development Canada (EDC) and Farm Credit Canada (FCC). After discussions with multiple... Read More
John Deere has acquired Sentera, a provider of remote imagery solutions for agriculture, and plans to incorporate its camera and aerial scouting technology into the company's service offering. The acquisition of St. Paul, Minnesota-based Sentera will advance the capabilities of Deere's existing technology offerings, says its director of digital software and solutions, Chris Winkler. “Combining... Read More
Kansas City-based Bartlett Grain Company has announced a plan to acquire Ceres Global Ag Corp. and take the publicly-traded grain company private in a deal worth US$140.1 million. Ceres is headquartered in Golden Valley, Minnesota, and operates facilities at 10 locations in Saskatchewan, Manitoba, North Dakota, and Minnesota, with 29 million bushels of storage capacity.... Read More
Weed control happens in the field but access to tools that farmers use in the fight against yield robbing pests is largely controlled by regulators who struggle to evaluate and approve new pesticides in a timely manner. That's a challenge in the U.S. where crop protection companies face U.S. Environmental Protection Agency backlogs that prevent... Read More
Sofina Foods Inc. has announced a deal to acquire Exceldor Cooperative, a significant move in Canada's chicken and turkey industries, particularly in Quebec and Manitoba. The proposed acquisition is subject to approval by Exceldor's member-producers and holders of investment shares, who will vote during their annual general meeting on June 5, 2025. It will also... Read More
What makes a good farmer a great one? In this episode of the Mind Your Farm Business podcast, host Shaun Haney digs into that question with Margy Eckelkamp of Top Producer at Farm Journal. From battling through the 1980s farm crisis to navigating today’s economic curveballs, Eckelkamp shares how the most successful farm operators think... Read More