(Bayer.com)

Monsanto rejects Bayer bid

Monsanto, the world’s largest seed company, has rejected Bayer AG’s US$62 billion acquisition bid as “incomplete and financially inadequate” but hasn’t slammed the door on further talks. Reuters on Tuesday quoted two unnamed sources as saying Monsanto can see the logic of combining with the German drugs and crop chemicals group, as per Bayer’s proposal […] Read more

(Dave Bedard photo)

Bayer confirms US$62 billion cash offer for Monsanto

Frankfurt | Reuters –– German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto for US$122 per share in cash, or a total value of $62 billion including debt, to create the world’s biggest agricultural supplier. Bayer said on Monday that the proposal made to Monsanto’s […] Read more


Boundary Loading Group’s producer car loading facility at Darlingford, Man., about 20 km west of Morden, loads 120-130 producer cars per year. (Manitoba Co-operator photo by Allan Dawson)

Window open wider for comment on CGC licensing moves

Facing “requests from stakeholders,” the Canadian Grain Commission has granted them a 12-week extension on its deadline for comments on plans to license feed mills, producer car loading sites and grain agents. The deadline, previously June 3, is now Aug. 31, the commission said in a release Friday. Input is being sought from producer railway […] Read more

(LDCom.com)

Ex-Dreyfus CEO leaves board in latest shakeup

Paris | Reuters — Global agricultural trader Louis Dreyfus Co. announced board changes on Thursday in which former CEO Serge Schoen will leave the group, another step in a leadership shakeup under main shareholder Margarita Louis-Dreyfus. Schoen oversaw rapid growth at the trading house as CEO between 2005 and 2013. Last year, Louis Dreyfus promoted […] Read more


(Dave Bedard photo)

Rush for ag chem megadeals clogs regulatory path, worries farmers

Reuters — As Bayer joins the agricultural sector’s scramble to consolidate, its bid for Monsanto may be a tipping point for U.S. farmers, federal lawmakers and regulators concerned the tie-ups may harm the farm economy. If Monsanto accepts Bayer’s unsolicited offer, experts say, the deal would inevitably trigger a review by federal antitrust regulators. But […] Read more

Premier Dwight Ball, provincial grain research specialist Dr. Vanessa Kavanagh and Christopher Mitchelmore, minister for the Forestry and Agrifoods Agency, watch the seeding of Newfoundland and Labrador’s first canola field. (Gov.nl.ca)

Newfoundland’s first canola field seeded

Provincial crop researchers in Newfoundland and Labrador have scored a first for the province this spring by seeding its first-ever canola field. Dignitaries including Premier Dwight Ball and Christopher Mitchelmore, the minister responsible for the provincial Forestry and Agrifoods Agency, attended the seeding Friday near Pasadena, about 30 km east of Corner Brook. Agency researchers and […] Read more