GFM Network News


Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)

Cigi, Cereals Canada vote to close merger deal

Merged body to take latter group's name; next step, naming a CEO

The proposed merger between Cigi and Cereals Canada has taken one of its final steps forward, with votes of approval from both organizations’ memberships. The two Winnipeg-based not-for-profit organizations announced Tuesday their memberships have approved “the amalgamation of both organizations under a unified governance and management structure.” Terms of the merger call for the consolidated […] Read more

Members of the Manitoba Wheat and Barley Growers Association voted 66-16 at CropConnect on Feb. 13, 2020 in favour of their group’s merger into the Manitoba Crop Alliance. (Manitoba Co-operator photo by Geralyn Wichers)

Manitoba growers approve five-way commodity group merger

Manitoba grain growers represented by five separate commodity organizations have voted to greenlight a merger they now expect to make official by August. A total of 165 ballots were cast Wednesday and Thursday during the groups’ annual general and special meetings at the CropConnect conference in Winnipeg, with members at the various events voting between […] Read more


Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

Syngenta owner ChemChina to merge ag assets with Sinochem’s

Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current CEO of Shenzhen-listed crop protection company Adama, which will also be incorporated into the new group, will be nominated chief financial officer of the […] Read more

Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)

Cigi, Cereals Canada agree to pursue amalgamation

The boards of the Canadian International Grains Institute (Cigi) and Cereals Canada have agreed to pursue amalgamation by March 31, 2020. That’s if a proposal, yet to be developed, is approved by the two bodies’ member organizations, leaders Dean Dias and Cam Dahl, said Friday in separate interviews. “During the past week, both boards have […] Read more





(Staff photo)

Nutrien sees demand growth cooling, margins shrinking

Reuters — Nutrien, the Canadian fertilizer and farm supply dealer created from the merger of Agrium and PotashCorp this year, said it expected demand growth for potash in China and India to cool down in 2018. Nutrien, the world’s biggest fertilizer company by capacity, also said higher input costs would shrink nitrogen and phosphate margins. […] Read more

(ADM photo by Dave Bedard, Bunge photo via Bunge)

ADM in talks to buy Bunge as early as this week

Reuters — Top U.S. grains merchant Archer Daniels Midland could reach an agreement to buy smaller rival Bunge as early as this week, Bloomberg reported on Monday, citing unnamed sources familiar with the matter. The potential deal comes as large grain traders that make money by buying, selling, storing and shipping commodity crops have struggled […] Read more


(Staff photo)

PotashCorp, Agrium get last blessing for Jan. 1 wedding

Two major Canadian players in the global fertilizer industry now have what they say is the final blessing they need to close their merger deal Jan. 1, on two already-met conditions. Saskatoon-based Potash Corporation of Saskatchewan and Calgary-based Agrium Inc. announced Wednesday they’ve received clearance from the U.S. Federal Trade Commission (FTC) to close their […] Read more

A Ben + Florentine restaurant in Ange-Gardien, Que. The breakfast-focused chain, now part of Imvescor, opened its 50th restaurant in November. (BenEtFlorentine.com)

Canadian fast-food, dining firms plan merger

A restaurant firm with well known brands in Eastern Canada’s casual dining market is set to merge into a neighbouring firm behind the franchises populating many of Canada’s mall food courts. Montreal-based MTY Food Group announced Tuesday it has a cash-and-stock agreement in place to pick up all outstanding common shares of another Montreal firm, […] Read more