Canada's competition regulator says it has reached an agreement with Bayer that lays out the conditions for its proposed acquisition of Monsanto. The announcement comes a day after the U.S. Department of Justice gave its conditional approval to the US$66 billion deal. The Competition Bureau concluded that the deal "would likely substantially lessen and prevent... Read More
Category: Ag Business
Bayer has gained conditional approval for its acquisition of Monsanto from the U.S. Department of Justice, which was the largest outstanding regulatory authorization left for the the US$66 billion deal. "Receipt of the DOJ’s approval brings us close to our goal of creating a leading company in agriculture," said Bayer CEO Werner Baumann, in a... Read More
Canadian ag retailers have a new tool to help their farmer customers adopt 4R nutrient stewardship practices. With the launch of Fertilizer Canada's new 4R designation toolkit, the industry organization says it will be easier for retailers to support farmers as they work to enhance management practices with the principles of 4R nutrient stewardship –... Read More
Inocucor Corporation, a startup company that specializes in microbial products for crop and soil health, has announced it is changing its name to Concentric Ag Corporation. The company, which has facilities in Manitoba, Quebec and Colorado, says its new name means "having a common centre" and "symbolizes growth and vitality in nature like rings in... Read More
The actual price of farm chemicals is often hidden from farmers using techniques like rebates, black box programs and price matching. That means Canadian farmers may be paying different prices to buy the exact same products. The lack of transparency in the ag chemicals market can add costs to an already expensive crop production essential.... Read More
Monsanto Canada has announced it plans to finally commercialize its TruFlex canola trait in 2019. TruFlex has been approved in Canada and awaiting Chinese import approval since 2012, along with several other canola traits. It's not clear what or if anything has changed, but Monsanto now says import approval from China "should be granted in... Read More
Two-and-a-half years after acquiring Red Deer-based farm consulting company Agri-Trend, Trimble is changing the way it works with the independent agronomy and grain marketing advisors that make up the Agri-Trend network. The company is focusing on providing its new digital platform to Agri-Trend's affiliated "coaches," while no longer offering administrative services, such as pricing and... Read More
Bayer has announced its proposed executive team for its Crop Science division, pending the closure of the company's acquisition of Monsanto. Meanwhile, Monsanto chief executive officer Hugh Grant and chief technology officer Robert Fraley are among the Monsanto executives who will be leaving after the deal closes. Liam Condon, who currently serves as a member... Read More
Is corn growing greener beyond Ontario borders? How does corn profitability and cost of production in the province stack up with other growing regions around the world — from the U.S. to South America, Ukraine, and China? These are some of the questions Ontario Ministry of Agriculture, Food and Rural Affairs business analysis and cost…Read More
The scoop: The company that owns the canola futures exchange based in Winnipeg has announced plans to operate the market from New York. The story: Intercontinental Exchange (ICE) sent a notice to market participants on Tuesday saying it intends to transition the canola market from ICE Futures Canada to ICE Futures U.S. on July 29,... Read More