Crop-killing weeds such as kochia are advancing across the U.S. northern plains and Midwest, in the latest sign that weeds are developing resistance to chemicals faster than companies including Bayer BAYGn.DE and Corteva CTVA.N can develop new ones to fight them.
Crop-killing weeds advance across US farmland as chemicals lose effectiveness
Losing battle with weeds adds pressures to farmers already stressed by inflation, extreme weather
Ag chem maker FMC looks to sell non-core assets
Reuters — Crop protection products maker FMC Corp. has launched a strategic review of its non-core assets, including a potential sale of its non-crop business. A slowdown in demand for herbicide and pesticides as well as excess inventories had resulted in large destocking in South America, denting the U.S.-based company’s earnings for much of the […] Read more
Ag input firm FMC’s shares tumble after lowering financial targets
Partners 'rapidly reduced inventory levels'
Reuters — Shares of FMC Corp. fell more than eight per cent on Monday after the agricultural products supplier cut its outlook for the year on volume declines in most of its major markets. “Towards the end of May, we experienced unforeseen and unprecedented volume declines in three out of our four operating regions, as […] Read more
Report links business management, mental health of farmers
Farm women, young farmers report higher levels of stress, difficulties coping
Ottawa — A new report from Farm Management Canada (FMC) calls for action after determining 75 per cent of Canadian farmers reported being moderately to highly stressed about unpredictable interference, workload pressure and financial pressures. But how a farmer plans his or her business — and associated risks — can help lower that statistic. The […] Read more
FMC deal for DuPont assets wins clearances
The chemical company set to take up a significant chunk of DuPont’s crop protection work in Canada has picked up the last of the regulatory clearances it needs to close the deal. Philadelphia-based FMC Corp. announced Thursday it received the final approval needed, from the Competition Commission of India, to close the deal the company […] Read more
Dow, DuPont to shed Canadian assets for merger approval
Competition for the Prairie farmer’s crop protection dollar will survive following the planned merger of chemical giants Dow and DuPont, by way of a handful of asset sales, Canada’s Competition Bureau has ruled. The federal antitrust watchdog on Tuesday announced it has an agreement with DuPont and Dow Chemical to head off what would otherwise […] Read more
Dow, DuPont merger wins U.S. antitrust approval
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
Crop chemical maker FMC aims for growth after DuPont deal
Reuters — Pesticide seller FMC Corp. will aim for its industry’s fastest revenue growth with the help of assets acquired from rival DuPont, even as farm markets struggle to recover, CEO Pierre Brondeau said on Monday. Philadelphia-based FMC will focus on increasing sales of crop chemicals developed internally, and avoid big acquisitions for a few […] Read more
BASF still out for ag chem deals
Frankfurt | Reuters –– German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from the merger of Dow Chemical and DuPont left it empty-handed. “We are generally interested in strengthening our business further, acquisitions are part of that, that […] Read more
FMC buying much of DuPont’s crop protection business
FMC and DuPont have inked a deal that will see FMC pick up the portion of DuPont’s crop protection business the EU says must be divested for the DuPont-Dow merger to go ahead. In exchange DuPont will acquire FMC Health and Nutrition along with $1.2 billion (all figures U.S. funds) in cash. FMC will acquire […] Read more
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