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Kongskilde’s Vibro Till 2900 SF and other tillage equipment lines are set to become part of New Holland. (Kongskilde.com)
Crops, Machinery

New Holland buying into tillage equipment market

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U.S. ag equipment giant New Holland is set to enter the tillage equipment business and stretch out its space in the hay and forage market, with a deal for Danish manufacturer Kongskilde Industries. New Holland’s parent CNH Industrial on Monday announced it will buy Kongskilde’s agricultural “grass and soil” business from Dansk Landbrugs Grovvareselskab (DLG […] Read more
(Dave Bedard photo)
Crops, Weather

FCC offers to bend terms for soaked Prairie growers

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Canada’s federal farm lender says it will be flexible with qualifying Prairie crop growers facing financial trouble from a rain-soaked harvest season. Areas of Alberta, Saskatchewan and Manitoba have experienced “significant levels of rain in the last half of the growing season and snow since the beginning of October,” Farm Credit Canada said in a […] Read more
(John Deere photo)
Crops, Machinery

Precision ag tech’s link to broadband under study

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Crop growers in southwestern Ontario are being asked how their access to high-speed internet, or lack thereof, has helped or hindered their adoption of precision ag tools. Researchers at the University of Guelph’s Ontario Agricultural College (OAC), as part of the Regional and Rural Broadband (R2B2) project, are studying how “current and future connectivity” influences […] Read more
(Syngenta.com)
Crops, Reuters

EU probe to hold up ChemChina’s acquisition of Syngenta

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Brussels | Reuters — European Union antitrust regulators on Friday opened an in-depth investigation into state-owned Chinese chemicals group ChemChina’s US$43 billion bid for Swiss pesticides and seeds group Syngenta, China’s biggest-ever foreign acquisition. Syngenta’s shares plunged over nine per cent on Monday after the European Commission said the companies had not allayed its concerns […] Read more
(Dave Bedard photo)
Crops, Reuters

Agrium/PotashCorp merger set for shareholder approval

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Toronto/Winnipeg | Reuters — The shareholders of Agrium and PotashCorp are set to overwhelmingly approve a merger of the two Canadian fertilizer producers, according to a source familiar with the situation, despite initial skepticism from Agrium investors. About 99 per cent of the votes from both groups of shareholders are in favour of the transaction, […] Read more
(LaCooperationAgricole.coop)
Crops, Reuters

InVivo pursues co-op alliances to vie with grain, chemical giants

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Paris | Reuters — France’s InVivo wants to expand international partnerships with other co-operatives, including in joint buying of crop supplies and shipping fixtures, as it tries to compete with global grain trading and chemical firms, its CEO said on Wednesday. InVivo, a grouping of 220 agricultural co-operatives and one of the largest exporters of […] Read more
Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)
Crops, Reuters

ChemChina reported ready for concessions to clinch Syngenta deal

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Beijing/Zurich | Reuters — State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its US$43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Clinching China’s biggest-ever foreign acquisition is taking longer than planned amid a flurry […] Read more
DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Reuters

DuPont says Dow merger may get delayed

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Reuters — DuPont raised its full-year adjusted profit forecast as it cuts costs ahead of its merger with Dow Chemical, but said the deal may not close by the end of this year as planned. Shares of DuPont, which reported a higher-than-expected quarterly profit on lower expenses and higher sales volumes, were marginally lower at […] Read more
Motherland Monument, Kiev. (CIA.gov)
Livestock, Poultry/Eggs, Reuters

Ukrlandfarming owner in talks to sell stake

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Kiev | Reuters — Ukrainian businessman Oleh Bakhmatyuk, the major shareholder in agricultural group Ukrlandfarming, is in talks with Chinese and Middle East investors about possibly selling a stake in the company, Interfax news agency said on Monday. Ukrlandfarming’s main businesses are grain and sugar production, livestock farming, the distribution of agricultural products and the […] Read more

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