Frankfurt | Reuters –– Bayer and Monsanto said Tuesday they would spend at least half of their agriculture research and development budget in the U.S. over the next six years, following a meeting with U.S. president-elect Donald Trump last week. The two companies, which are awaiting approval of their agreed US$66 billion deal from Trump’s […] Read more
Bayer, Monsanto confirm spending plans after meeting Trump
Syngenta sees no sale of ChemChina’s Adama to smooth merger
Davos, Switzerland | Reuters –– Syngenta, the Swiss pesticides and seeds group being taken over by ChemChina, does not expect antitrust regulators to force the Chinese state-owned company to put its subsidiary Adama up for sale, Syngenta’s CEO said on Tuesday. “Adama will not need to be sold. There will be some remedies in both […] Read more
Xplornet buying YourLink
One of Canada’s biggest providers of rural broadband is set to expand its space in the Saskatchewan market by buying rural high-speed wireless provider YourLink. New Brunswick-based Xplornet Communications on Monday announced an all-cash $28.75 million deal with Victoria-based Vecima Networks for the “remaining assets” of Vecima’s YourLink business. YourLink, based in Saskatoon, is a […] Read more
More bovine TB quarantines still expected
Tracking an outbreak of bovine tuberculosis through southeastern Alberta and southwestern Saskatchewan is still expected to lead to more quarantines of more Prairie cattle ranches, though no new controls have been imposed since before Christmas. As of Wednesday, the Canadian Food Inspection Agency reported no new cases of bovine TB in its investigation, beyond the […] Read more
Klassen: Demand for shortkeep feeders drives complex higher
Most auction barns were in holiday mode last week, which made the market hard to define. However, comments from local buyers suggest demand is building for shorter-term replacements due to healthy feedlot margins. Small groups were on offer with limited numbers available, and there was a wide range on similar weight classes across the Prairies. […] Read more
Pattison merges Deere dealership chains
The Jim Pattison Group has consolidated its Prairie farm equipment dealerships in Saskatchewan and Manitoba under one new banner. Pattison on Tuesday announced the merger of its Maple Farm Equipment and JayDee AgTech chains, which deal mainly in John Deere farm equipment. The two chains are to be rebranded as Pattison Agriculture. Darrin Didychuk, now […] Read more
Syngenta, ChemChina submit remedy proposals to EU
Hong Kong/Beijing | Reuters — China National Chemical Corp (ChemChina) and Swiss pesticides and seeds group Syngenta have proposed remedies to the European Union’s competition watchdog to address concerns over their US$43 billion merger agreement. The European Commission’s website showed “commitments” submitted on Monday, which typically means the parties have proposed remedies such as asset […] Read more
The award is nice, but the payoff even better for rancher
The winner of ABP’s Environmental Stewardship Award grows more grass and captures more rain by working with nature
Reading Time: 3 minutes Everything changed for Tom Thompson of Winding Creek Ranch when he attended the West Central Forage Association’s AGM in 2003. That was when the Mayerthorpe-area rancher learned about grazing principles that led to him winning Alberta Beef Producers’ 2017 Environmental Stewardship Award. “Kit Pharo (an American rancher who spoke at the meeting) was the one […] Read more
Monsanto swings to profit on South American demand
Chicago | Reuters — U.S. seeds and agrochemicals company Monsanto, in the process of being bought by Germany’s Bayer for US$66 billion, swung to a quarterly profit, helped by higher demand from South America. Sales of soybe2an seeds and traits jumped 37 per cent as more farmers in South America sowed the company’s genetically modified […] Read more
Buhler trims net loss, expects improved sales
Strong sales of a limited-edition tractor line helped offset tighter margins and generally lower demand in fiscal 2016 for farm equipment manufacturer Buhler Industries. The Canadian company last Thursday booked a net loss of $2.7 million on $274.1 million in sales for its year ending Sept. 30, 2016, up from a $5.3 million loss on […] Read more