Frankfurt | Reuters — Bayer’s US$66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. In the short term, the German drugs and chemicals firm hopes to benefit from a marketing and sales force […] Read more
Bayer betting billions farmers will back linked-up supplies
Rain expected for Prairies into weekend, next week
CNS Canada — Rain is going to slow weekend harvest progress in parts of the Prairies, though farmers in most areas will still be able to get into their fields, one meteorologist says. But as temperatures drop, some late-maturing crops may have been hit with frost damage. Showers are expected to slow weekend harvest activity […] Read more
Anderson named federal Tories’ ag critic in shuffle
A vocal critic of the former Canadian Wheat Board single marketing desk for Prairie wheat and barley is now the lead agriculture critic in Her Majesty’s Loyal Opposition. David Anderson, the MP for the southwestern Saskatchewan riding of Cypress Hills-Grasslands since 2000, was named Thursday as the Conservatives’ critic for agriculture and agri-food by interim Tory […] Read more
Cocktail cover crops: This ain’t your grandad’s grazing system
Innovative producers, especially younger ones, are looking to cover crop cocktail mixes to build soil health and get more production per acre
Reading Time: 4 minutes Nearly 150 people — some from as far away as Manitoba — converged on a farm near Hardisty recently to learn more about cover crop cocktail mixes. But tour organizer Graeme Finn noticed something a little different about the crowd at the event in late August — it was mainly young farmers. “Young people can’t […] Read more
Climate’s field software en route to Eastern Canada
San Francisco-based ag software firm and Monsanto subsidiary The Climate Corporation is making a run for the border with its Climate FieldView farm data suite. Appearing Wednesday at Canada’s Outdoor Farm Show, company representatives announced their suite of digital farm data tools, Climate FieldView, will be offered for sale in Eastern Canada this winter, for […] Read more
Bayer clinches Monsanto with raised US$66 billion bid
New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of […] Read more
Fertilizer merger highlights big-picture concerns
CNS Canada — A multi-billion-dollar merger between two major crop input companies is the latest in a string of consolidation efforts in North America’s agriculture industry, drawing attention again to the possible effects on the value chain. Agrium and PotashCorp announced Monday they plan to combine to create an integrated global supplier of crop inputs, […] Read more
Chinese pesticide firm to buy Adama Agricultural
Hong Kong | Reuters — China’s Hubei Sanonda will acquire Israel’s Adama Agricultural Solutions for about 18.6 billion yuan (C$3.67 billion), Sanonda said on Tuesday. Pesticide firm Sanonda, based in China’s central Hubei province, also said it aimed to raise up to 2.5 billion yuan (C$493 million) in a private placement of shares to help […] Read more
California first state to promise overtime to farmworkers
Sacramento | Reuters — California will become the first U.S. state to require farmers to pay overtime to field workers and fruit pickers under a bill signed Monday by Democratic Governor Jerry Brown. The bill would phase in overtime pay for farmworkers from 2019 to 2022. In an industry where a workweek during the harvest […] Read more
PotashCorp, Agrium make engagement official
The boards of two of the heaviest hitters in Canada’s fertilizer sector have formally agreed to a $47 billion “merger of equals” deal under a new, yet-to-be-named parent company. PotashCorp, the world’s biggest fertilizer company by capacity, and rival Agrium, which is also the world’s biggest crop input retail chain, announced an agreement Monday in […] Read more
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