GFM Network News


Louis Dreyfus adds venture capital unit

New unit's potential budget not yet discussed publicly

Paris | Reuters — Agricultural commodities trader Louis Dreyfus Co. has launched a venture capital program to invest in food and farming firms while also announcing a change of head for its innovation business. “Over the coming months, we will invest in early-stage companies with the potential to transform the food and agriculture industries,” CEO […] Read more

Farm business tax credits on tap in Manitoba budget

Expansions and extensions for tax credits of use to Manitoba farmers and small agribusinesses were laid out Thursday in the province’s latest budget. Finance Minister Greg Dewar’s plan calls for an expansion of the province’s small business venture capital tax credit, broadening its list of eligible businesses to include “non-traditional farming” ventures, as well as […] Read more


Minogue: Precision farming seeks new converts at new price point

Silicon Valley venture capital firm Kleiner Perkins Caufield + Byers is investing in ag technology with a new stake in Farmers Edge — which in turn now hopes to build its services’ popularity through more attractive pricing. Winnipeg-based Farmers Edge is one of a number of companies hoping to profit from new technology by packaging data solutions […] Read more