GFM Network News


Bayer, Monsanto confirm spending plans after meeting Trump

Frankfurt | Reuters –– Bayer and Monsanto said Tuesday they would spend at least half of their agriculture research and development budget in the U.S. over the next six years, following a meeting with U.S. president-elect Donald Trump last week. The two companies, which are awaiting approval of their agreed US$66 billion deal from Trump’s […] Read more



Gay Lea lays out dairy processing expansion plans

A dairy farmer co-op on an aggressive growth track has mapped out its next four years’ worth of expansions and upgrades, starting with a storied processing plant in southwestern Ontario. Gay Lea Foods Co-operative on Wednesday announced a budget of $140 million over four years to set up what it describes as an “innovative nutrition […] Read more

Monsanto to shut three R+D centres next year

Chicago | Reuters –– Agrichemical company Monsanto plans to shutter three research and development centers in 2016 with a loss of about 90 jobs, it said Monday, as it restructures operations to cut costs in a slumping agricultural commodity market. The centers are in Middleton, Wisconsin, and Mystic, Connecticut, both of which focus on seed […] Read more