Berlin | Reuters — The German cabinet has approved a draft law banning cultivation of crops with genetically modified organisms (GMOs), government sources told Reuters on Wednesday. Germany had announced in September 2015 that it will ban cultivation of crops with GMOs under new European Union rules allowing member states to opt out of their […] Read more
German cabinet approves draft law banning GM crops
Mosaic looks to restart Saskatchewan potash mine
Reuters — U.S. fertilizer producer Mosaic Co. may need to restart its idled potash mine at Colonsay, Sask. next year, as international buyers work through inventories, the company said on Tuesday. Mosaic halted production in July at the mine, about 70 km southeast of Saskatoon, for the rest of 2016 due to low global potash […] Read more
New Holland buying into tillage equipment market
U.S. ag equipment giant New Holland is set to enter the tillage equipment business and stretch out its space in the hay and forage market, with a deal for Danish manufacturer Kongskilde Industries. New Holland’s parent CNH Industrial on Monday announced it will buy Kongskilde’s agricultural “grass and soil” business from Dansk Landbrugs Grovvareselskab (DLG […] Read more
FCC offers to bend terms for soaked Prairie growers
Canada’s federal farm lender says it will be flexible with qualifying Prairie crop growers facing financial trouble from a rain-soaked harvest season. Areas of Alberta, Saskatchewan and Manitoba have experienced “significant levels of rain in the last half of the growing season and snow since the beginning of October,” Farm Credit Canada said in a […] Read more
Precision ag tech’s link to broadband under study
Crop growers in southwestern Ontario are being asked how their access to high-speed internet, or lack thereof, has helped or hindered their adoption of precision ag tools. Researchers at the University of Guelph’s Ontario Agricultural College (OAC), as part of the Regional and Rural Broadband (R2B2) project, are studying how “current and future connectivity” influences […] Read more
EU probe to hold up ChemChina’s acquisition of Syngenta
Brussels | Reuters — European Union antitrust regulators on Friday opened an in-depth investigation into state-owned Chinese chemicals group ChemChina’s US$43 billion bid for Swiss pesticides and seeds group Syngenta, China’s biggest-ever foreign acquisition. Syngenta’s shares plunged over nine per cent on Monday after the European Commission said the companies had not allayed its concerns […] Read more
Agrium/PotashCorp merger set for shareholder approval
Toronto/Winnipeg | Reuters — The shareholders of Agrium and PotashCorp are set to overwhelmingly approve a merger of the two Canadian fertilizer producers, according to a source familiar with the situation, despite initial skepticism from Agrium investors. About 99 per cent of the votes from both groups of shareholders are in favour of the transaction, […] Read more
InVivo pursues co-op alliances to vie with grain, chemical giants
Paris | Reuters — France’s InVivo wants to expand international partnerships with other co-operatives, including in joint buying of crop supplies and shipping fixtures, as it tries to compete with global grain trading and chemical firms, its CEO said on Wednesday. InVivo, a grouping of 220 agricultural co-operatives and one of the largest exporters of […] Read more
WHO cancer agency asked experts to withhold glyphosate documents
London | Reuters — The World Health Organization’s cancer agency — which is facing criticism over how it classifies carcinogens — advised academic experts on one of its review panels not to disclose documents they were asked to release under U.S. freedom of information laws. In a letter and an email seen by Reuters, officials […] Read more
ChemChina reported ready for concessions to clinch Syngenta deal
Beijing/Zurich | Reuters — State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its US$43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Clinching China’s biggest-ever foreign acquisition is taking longer than planned amid a flurry […] Read more