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Sunflowers

(Hagie.com)
Crops, Machinery, Reuters

Deere buys stake in U.S. sprayer maker Hagie

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CORRECTED, March 30, 2016 — Reuters — Deere and Co. said on Tuesday it has acquired a majority stake in Hagie Manufacturing, allowing the farm equipment manufacturer to take a greater position the high-clearance sprayer market. High-clearance sprayers, which allow farmers to spray fertilizers and pesticides in-crop later in the growing season, are “a new market for […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters

Environment commissioner criticizes neonic registrations

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Ottawa | Reuters — Canada’s official environmental watchdog on Tuesday expressed concern that authorities were allowing the long-term use of pesticides linked to bee deaths despite not having enough information about the products. Health Canada’s Pest Management Regulatory Agency (PMRA) can grant a five-year provisional license to some products to give manufacturers time to provide […] Read more
Noble Group, whose ag assets include this sugar mill in Brazil, is set to become a fully-owned arm of China’s COFCO. (ThisIsNoble.com)
Crops, Reuters

Noble exits ag markets with unit sale to China’s COFCO

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New York | Reuters –– Noble Group said Tuesday it has agreed to sell its remaining 49 per cent stake in its agribusiness to China’s state-owned COFCO International, exiting agricultural markets as the Asian commodity merchant seeks to slash debt and shore up cash. The $750 million cash deal will hand COFCO full ownership of […] Read more
Winnipeg-based Legumex Walker’s pulse plants are Scoular’s first major play in the Prairie crops sector. (Dave Bedard photo)
Crops, Markets, Pulses

Legumex Walker shareholders approve sale

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Shareholders in Prairie special crops processor Legumex Walker have voted to take a deal for their company’s assets from U.S. grain firm Scoular. Winnipeg-based Legumex reported Monday that shareholders representing just over 76 per cent of its stock have voted 99.6 per cent in favour of selling the company’s special crops division to the Scoular […] Read more
(ADM.com)
Canola, Corn, Crops, Markets, Reuters, Soybeans

ADM increases stake in Wilmar

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Chicago | Reuters — U.S. grains trader Archer Daniels Midland has increased its stake in Wilmar International of Singapore, in its latest bid to expand in Asia. ADM’s purchases represented about 22 per cent of Wilmar shares traded on Singapore’s exchange on Tuesday, Wilmar said in a regulatory filing. Wilmar shares reached their highest price […] Read more
(Bruce Fritz photo courtesy ARS/USDA)
Crops, Weather

Man. sunflower harvest set to start

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CNS Canada — Manitoba farmers will soon be harvesting this year’s sunflower crop, and early expectations look good despite some areas of concern. There are certain areas of the province where the sunflowers are starting to break down due to disease or weather issues, said Anastasia Kubinec, an oilseed specialist with Manitoba Agriculture, Food and […] Read more
(CNW Group/Legumex Walker)
Canola, Crops, Markets, Pulses

Loan called on Legumex’s U.S. canola crusher

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Prairie special crop processor Legumex Walker is weighing its options after major lenders to the company’s U.S. canola crushing arm called their loan. Pacific Coast Canola, a cold-press canola crushing operation at Warden, Wash., about 160 km southwest of Spokane, is 84 per cent owned by TSX-traded, Winnipeg-based Legumex, and 16 per cent owned by commodity […] Read more

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