GFM Network News


Merger of Cereals Canada and Cigi approved

Members of Cereals Canada and the Canadian International Grains Institute (Cigi) have approved the amalgamation of both organizations. “This merger brings together two strong organizations with a common vision to serve our members and build value for the Canadian cereals industry,” said Cereals Canada board chair Jean-Marc Ruest. “Cereals Canada and Cigi have already established […] Read more

Wheat and barley groups eye merger

Committee to investigate pros and cons, with full membership of both groups to vote on the merger bid

After first amalgamating their administrative teams and then their senior management, Alberta Wheat and Alberta Barley are now considering a full merger. But the notion of scrapping their individual boards and creating a single cereal crop board is still in its early stages, say the chairs of the two farm groups. “The resolution came up […] Read more


Grain trade regional tie-ups seen more likely over mega-deals

Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus’ CEO said. Merchants have been grappling with lower profits from sourcing and shipping commodities such as grain and oilseeds, prompting cutbacks […] Read more

Wheat and barley groups merge management

The two organizations will have their own boards but are slimming down their administration costs

The trial went well, so the boards of Alberta Barley and the Alberta Wheat Commission have decided to permanently merge the management ranks of the organizations. “The ultimate goal of this exercise is to provide more value to you as producers,” Tom Steve told attendees at Alberta Wheat’s AGM at FarmTech. “We will continue to […] Read more


Monsanto shareholders back Bayer deal

Chicago | Reuters –– Shareholders of U.S. seeds and agrochemicals company Monsanto approved the company’s US$66 billion acquisition by Bayer on Tuesday, a deal that still requires regulatory approval to close as expected in late 2017. Increased research and development spending by the combined companies and plans to develop a global seeds and biotechnology hub […] Read more

Trump win unlikely to impact Dow deal, DuPont CEO says

Boston | Reuters — DuPont CEO Ed Breen said on Thursday the incoming administration of U.S. President-elect Donald Trump is not likely to have an impact on his company’s planned merger with rival Dow Chemical. While Trump was critical of other large mergers during the campaign, Breen said many U.S. Justice Department officials reviewing the […] Read more


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

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

Monsanto cools on large-scale M+A outlook

Chicago | Reuters –– Monsanto on Wednesday effectively pulled itself out of the mergers-and-acquisitions flurry in the seeds and agrochemicals industry, nearly a year after making a bid for rival Syngenta. The St. Louis-based company, which also reported a drop in second-quarter earnings, now sees its best dealmaking opportunities in smaller acquisitions, licensing deals and […] Read more