GFM Network News


Big Ag wants a cut of booming fake-meat market

Winnipeg/Chicago | Reuters — Bunge, one the world’s biggest grain traders, recently disclosed the 1.6 per cent stake it had purchased in the fast-growing fake-meat startup Beyond Meat. The play looked smart after the stock surged more than 250 per cent since the faux burger and sausage maker’s initial public offering in May. Indeed, Beyond […] Read more

DuPont said considering sale of nutrition, biosciences unit

Reuters — Specialty chemicals maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter. The unit, which supplies everything from soy-based food ingredients to tablet binders, could be worth at least US$20 billion as a standalone entity, Bloomberg said. DuPont declined to comment […] Read more


Corteva shares rise as profit beats on international markets

Reuters – Pesticide and insecticide maker Corteva Inc’s quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8 percent . Investors cheered Corteva’s upbeat numbers, its first after separation from DowDupont in June, as they were a rare bright spot among agricultural […] Read more

Supercluster backs oilseed protein joint venture

A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it […] Read more


Corteva cleared for spinoff

The combined agriculture businesses of Dow Chemical and DuPont have cleared the last of their regulatory hurdles to go ahead with their formal June 1 spinoff. The Delaware-based agribusiness, under the name Corteva, Inc., is scheduled to begin “when-issued” trading on the NYSE on May 24, and “regular way” trading on June 3, under the […] Read more

DowDuPont completes spinoff of materials science unit

Reuters — DowDuPont said Monday it had completed the spinoff of its materials science division as part of a plan to split the chemical producer into three separate units. Shares of the new division, Dow, will begin trading on the New York Stock Exchange on Tuesday. Dow and Dupont completed a US$130 billion merger in […] Read more



DowDuPont’s Corteva arm buys Clearfield canola system

On the market since last summer, BASF’s herbicide-tolerant, non-GMO Clearfield canola business in Canada and the U.S. has landed at the door of Corteva Agriscience. Corteva, the merged seed and chemical business of Dow and DuPont, announced Wednesday it has closed a deal to buy the Clearfield system, including its herbicide-tolerant canola trait and related […] Read more


Canola, corn, soy traits to move forward with China approvals

Approvals from China are expected to allow several major trait developments to move ahead in Canadian canola, corn and soybean fields. The Reuters news service on Tuesday reported safety certificate approvals from China’s ministry of agriculture and rural affairs for biotech traits including: Bayer’s 88302, or TruFlex canola, approved in Canada since 2012; BASF’s RF3, […] Read more

Assure herbicide’s active ingredient under new ownership

Now being put to work in Enlist corn, the active ingredient in Assure II herbicide has a new owner. California-based American Vanguard Corp., the owner of ag chemical producer Amvac Chemical, announced Thursday it has bought the quizalofop-p-ethyl (QPE) product line of herbicides from DowDuPont’s ag division, Corteva Agriscience, for an undisclosed sum. A Group […] Read more