Every month the Association of Equipment Manufacturers (AEM) releases a flash report on new tractor and combine sales in Canada and the United States. Data released this week represents sales up until the end of August 2017. The Canadian market is showing superior strength in comparison to the U.S.. Below are the Canadian numbers, which... Read More
Category: News
Quebec-based soybean exporter and seed company Ceresco is in the process of being sold to investors that include the head of the soybean company Prograin. Co-founders Thierry Gripon and Mireille Raymond say they have reached a deal to sell the food grade, non-GMO export and seed sales business to Transit BD and Alain Létourneau Holdings.... Read More
The Canadian Competition Bureau has issued a no-action letter saying it will not challenge the proposed merger between Potash Corporation of Saskatchewan and Agrium Inc. In a statement, the federal regulator said it concluded the Canadian fertilizer manufacturers' plan to create a new company called Nutrien "would not lead to a substantial lessening or prevention... Read More
RealAgriculture is continuing to see growth in sales, and as a result, we are pleased to announce our newest team member: Brad Martin. As of this week, Martin will work alongside the current customer experience and sales team --- Rhett Soveran (Product Manager), Christiana Bach (Sales Coordinator) and Tricia Haney (Accounts Receivables) --- to manage... Read More
Deere & Company is investing in machine learning for farm equipment, announcing a US$305 million deal to fully acquire Blue River Technology. "We welcome the opportunity to work with a Blue River Technology team that is highly skilled and intensely dedicated to rapidly advancing the implementation of machine learning in agriculture," said John May, President,... Read More
Saskatoon-based Morris Industries has undergone a change in ownership, with private investors injecting new capital into the farm equipment manufacturer. Ben Voss, together with Calgary-based Avrio Capital and Lamont Brown Group, have acquired a majority stake in the business from outgoing CEO Casey Davis. Voss, who's served as president since 2015, has also replaced Davis... Read More
Federal Agriculture Minister Lawrence MacAulay and his provincial counterpart from B.C., Lana Popham, are committing up to $20 million through an AgriRecovery program to help ranchers and farmers affected by wildfires. The 2017 Canada-British Columbia Wildfires Recovery Initiative will assist producers with the extraordinary costs incurred to recover , and will be cost-shared 60:40 between... Read More
AGCO has formally completed its purchase of Precision Planting from The Climate Corporation, a subsidiary of Monsanto. The deal was originally announced in July, after Climate Corp cancelled a deal to sell Precision Planting to John Deere. "We will expand the benefits of Precision Planting’s innovation by reaching more growers with a broader global distribution... Read More
Agriculture groups are among more than 40 national organizations that have formed a coalition to fight the federal government's proposed tax changes for incorporated businesses. The Coalition for Small Business Tax Fairness sent a letter to Finance Minister Bill Morneau asking him to take the proposal off the table. "In ten years at the Canadian... Read More
The Dow Chemical Company and E.I. du Pont de Nemours & Company say they have successfully completed their merger announced in December 2015, and are now operating as a holding company under the name DowDuPont.