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U.S. President Joe Biden tours a manufacturing lab at McHenry County College during a visit to northwest Chicago suburb Crystal Lake on July 7, 2021. (Photo: Reuters/Evelyn Hockstein)
General, Machinery & Shop, Markets, Reuters

Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers

Executive order to address corporate 'abuses of power'

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Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs their tractors, the White House said on Tuesday. The executive order, expected within days, will also address such competitive issues as delayed airline baggage, cellphone […] Read more
(Corner-Store.ca)
Crops, Reuters

U.S. clears Couche-Tard to buy CST, with conditions

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Washington | Reuters — Alimentation Couche-Tard has won U.S. antitrust approval to buy rival CST Brands on condition that it sell up to 71 stores in eight states, the Federal Trade Commission said on Monday. Alimentation Couche-Tard, a major Canada-based chain of convenience stores and gas stations, said in August that it would buy the […] Read more
(Dow.com)
Crops, Reuters

Dow, DuPont merger wins U.S. antitrust approval

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Reuters — DuPont and Dow Chemical have won U.S. antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday. The asset sales required by U.S. antitrust enforcers were similar to what the companies had agreed to give up in a deal […] Read more
(Adama.com/YouTube)
Crops, Reuters

ChemChina, Syngenta win U.S. antitrust approval for deal

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Washington | Reuters — The China National Chemical Corp., or ChemChina, has won U.S. antitrust approval to buy Switzerland’s Syngenta on condition that it divest three pesticides, the Federal Trade Commission said on Tuesday. To win approval for the $43 billion deal, the companies agreed to divest ChemChina’s generic production of the herbicide paraquat, the […] Read more
(DrinkSilk.ca)
Crops, Dairy Cattle, Reuters

Danone wins antitrust approval to buy WhiteWave

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Washington | Reuters — French food group Danone has won U.S. antitrust approval to buy U.S. organic food producer WhiteWave Foods, the Justice Department said on Monday. To win approval for the US$10.4 billion deal, Danone agreed to sell its leading U.S. organic yogurt business Stonyfield Farms, the department said. Danone did not immediately reply […] Read more
(CropScience.Bayer.ca)
Crops, Reuters

U.S. lawmakers skeptical of ag chemical, seed merger wave

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Washington | Reuters — U.S. lawmakers expressed concern on Tuesday over a wave of mergers among companies that sell farmers their seeds, herbicides and insecticides, worrying that the deals could lead to higher prices and less innovation at a time of dropping farm incomes. Senator Richard Blumenthal, a Democrat from Connecticut, said the proposed mergers […] Read more
(Photo courtesy Agrium)
Crops, Reuters

Fertilizer merger faces easier approval at home than in U.S.

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Toronto/Washington | Reuters — Canada’s PotashCorp and Agrium are more likely to win approval for a potential merger in Canada than in the U.S., but U.S. rejection of the deal would scuttle it globally, competition lawyers said. Saskatoon-based PotashCorp and Calgary’s Agrium confirmed Tuesday they were in preliminary merger talks, toward a deal that would […] Read more
(Dave Bedard photo)
Crops, Reuters

Rush for ag chem megadeals clogs regulatory path, worries farmers

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Reuters — As Bayer joins the agricultural sector’s scramble to consolidate, its bid for Monsanto may be a tipping point for U.S. farmers, federal lawmakers and regulators concerned the tie-ups may harm the farm economy. If Monsanto accepts Bayer’s unsolicited offer, experts say, the deal would inevitably trigger a review by federal antitrust regulators. But […] Read more
Crops, Markets

States join U.S. probe of Ardent flour deal

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A group of wheat-growing states has joined the U.S. Justice Department in investigating a proposed joint venture by Cargill, CHS Inc. and ConAgra, which would make the largest U.S. flour miller even larger, two sources told Reuters. About a dozen states, led by Oklahoma’s attorney general, will join the department’s antitrust division in a review […] Read more

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