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(File photo by Dave Bedard)
Crops, Reuters

Kansas City Southern plans to accept CP’s bid

Deal would create new lanes for Prairie freight, CP says

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Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to sell itself to Canadian National Railway. CN now has until the end of Friday to submit a better offer or lose its deal with KCS. […] Read more
A view of BHP’s potash mine project north of Jansen, Sask. (BHP.com)
Crops, Markets

BHP approves Saskatchewan potash project’s completion

Major miner expects to produce about 4.4 million tonnes of fertilizer per year

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After over a decade of development and digging, one of the world’s biggest mining and metals companies has granted its Saskatchewan potash mining project the go-ahead to completion and full production. Australian-British mining firm BHP announced Tuesday its board has approved its potash mine about 60 km southeast of Humboldt, near Jansen, Sask., for another […] Read more
(Eat Just/Business Wire)
Livestock, Poultry/Eggs, Reuters

Singapore approves sale of lab-grown meat in world first

U.S. maker says cultured meat's clearance may set template for future approvals

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Singapore | Reuters — Singapore has given U.S. start-up Eat Just the greenlight to sell its lab-grown chicken meat, in what the firm says is the world’s first regulatory approval for so-called clean meat that does not come from slaughtered animals. The meat, to be sold as nuggets, will be priced at premium chicken prices […] Read more
BHP’s Saskatchewan potash mine project is set up north of Jansen, about 65 km southeast of Humboldt. (BHP.com)
Crops, Markets

BHP covers added costs for potash project

Long-awaited decision by BHP board now expected mid-2021

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“Challenges” in completing the shafts for its Saskatchewan potash project have led the world’s biggest mining company to top up the project budget by 10 per cent. BHP, in an operational review document released Tuesday for its quarter ending Sept. 30, said its board has approved another $272 million to complete the watertight concrete and […] Read more
Elanco Animal Health CEO Jeff Simmons speaks during an interview at the New York Stock Exchange (NYSE) on Sept. 20, 2018. (Photo: Reuters/Brendan McDermid)
Beef Cattle, Livestock, Reuters

Elanco Animal Health wins U.S. approval to buy Bayer unit

Elanco to shed cattle pour-on brand, others for approval

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Washington | Reuters — Elanco Animal Health has won U.S. antitrust approval to buy Bayer’s animal health business on condition that it sell assets to treat three ailments, two in dogs and one in cattle, the Federal Trade Commission said on Wednesday. The deal was valued at $7.6 billion when it was announced in August […] Read more
File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Crops, Reuters

Brazil urges China to improve GMO approvals

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Brasilia | Reuters –– Brazil Foreign Minister Ernesto Araujo said on Thursday that the country must work with China to reduce non-tariff barriers to agriculture trade, including improving the process for genetically modified goods. Brazil is the world’s largest exporter of soybeans, the vast majority of which are genetically modified organisms (GMO). Many newer GMOs, […] Read more
(Dave Bedard photo)
Crops, Reuters

Brazilian antitrust agency approves Bayer-Monsanto tie-up

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Brasilia | Reuters — Brazilian antitrust agency Cade on Wednesday approved Bayer’s proposed takeover of U.S. seeds company Monsanto without requiring further asset sales beyond a global proposal announced last October. Cade’s commissioners voted 4-2 in favour of the tie-up under an agreement, negotiated between the companies and global antitrust agencies, that included the sale […] Read more
DuPont’s Canadian head office in Mississauga. (Dupont.com)
Crops, Reuters

Asset sale plan secures EU backing for Dow, DuPont merger

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Reuters — Dow Chemical and DuPont won the blessing of the European Union for their US$130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities. The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical producers would leave few incentives […] Read more

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