It's been several months since Saskatchewan-based AGT Food and Ingredients' leadership announced its plans to take the company private. Today, AGT, Fairfax Financial, and Point North Capital released the details of its agreement to privatize. AGT says they'll offer $18 per common share, which represents a premium of 36.7 per cent to the closing price... Read More
Category: Ag Business
Although it's still in the early stages of results, the plebiscite vote in regards to the service charge model for Alberta Beef Producers (ABP) show 51.3 per cent are in favour of a refundable check-off model. The vote took place between October 19th to November 27th, and, of the 1,874 votes, only four ballots were... Read More
In agriculture, when it comes to lobbying, big issues such as safety nets, carbon tax, and grain transportation tend to capture and command a large portion of farm organizations' budgets and resources. These issues tend to fall under federal and provincial jurisdiction, but when it comes to government's impact on farming, many times it's at... Read More
Farmers need seed to grow crops. It's just that simple. This is why public institutions have played such an important role in plant breeding over the years. But, just as new varieties are needed when environmental conditions change, new funding models for plant breeders are needed when economic conditions change. Kofi Agblor knows all to... Read More
The Oilseed Innovation Partners (OIP) group aims to create new opportunities for Canadian oilseeds and the Canadian bio-products sector. It looks like they did just that — in Ontario. American manufacturer of vegetable-oil based lubricants, Renewable Lubricants Inc. (RLI), has picked the province to build its first wholly-owned Canadian subsidiary. The company creates everything from... Read More
The Ontario and federal governments have announced steps to help farmers experiencing revenue loss because of high levels of deoxynivalenol (DON) in their corn crops. While the largest portion of Ontario's corn crop remains unaffected, the government partners say this support will help ease the impact for effected farmers. It will also assist the entire... Read More
The news Precision ag company Farmers Edge and ag retail and grain handling company Richardson Pioneer Limited have announced a multi-year partnership that will "distribute digital precision technology to growers served by over 90 retail locations across Western Canada." The two Manitoba-based companies will "work together to deliver state-of-the-art digital agriculture products for retail and... Read More
As anyone who owns a business knows, producing a product is only part of the process. Selling that product is perhaps more important. When you export 90 percent of what you produce, you have to go around the world to sell it. Cam Dahl, president of Cereals Canada, is a part of this process, and... Read More
When it comes to changing leadership dynamics on the farm, are ag retail and equipment companies ready for what it might mean when it comes to sales and service? It's an interesting perspective, as newer — and sometimes much younger — generations move in to the purchasing power positions on farms, how brands establish and... Read More
Canada's Finance Minister Bill Morneau announced the federal government's fall economic update today. The report is titled, Investing in Middle Class Jobs. The Liberals will spend billions of dollars trying to give Canada an edge in the world economy, but the plan is mainly focused competitiveness with the U.S. The business tax rate currently sitting... Read More