A SunOpta soy milk processing line. (SunOpta, via YouTube)

U.S. investment firm takes major stake in SunOpta

Canadian organic and non-GMO food firm SunOpta Inc. has taken on a new minority owner to help it pay down debt and boost its “flexibility.” The Mississauga-based, publicly traded company said Friday it has picked up an $85 million investment, in the form of exchangeable preferred shares, from Los Angeles-based Oaktree Capital Management. The investment, […] Read more



A satellite view of Hurricane Matthew at about 1 p.m. ET on Oct. 6, as the hurricane regained Category 4 status. (NASA/NOAA GOES Project)

U.S. farmers race to ready for Hurricane Matthew’s blast

New York | Reuters — Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, roiled commodities markets and forced companies from cane refiners to orange juice makers to shutter as it whipped its way toward the southeastern U.S. on Thursday. Southeastern companies were closing down operations ahead of a storm that could threaten some […] Read more

(Dave Bedard photo)

Agrium, PotashCorp shareholders vote on merger next month

Reuters — Agrium and PotashCorp shareholders will hold separate meetings next month to vote on a merger agreement between the two fertilizer companies, they said in a filing on Thursday. The all-stock deal would combine Potash’s crop nutrient production capacity, the world’s largest, with Agrium’s farm retail network, North America’s biggest. Agrium shareholders will meet […] Read more


(Photo courtesy Agrium)

Vale fertilizer sale seen on track despite review

Rio de Janeiro | Reuters — Vale SA’s plan to dispose of fertilizer assets remains on track despite a request last week by Brazil’s state development bank, BNDES, to analyze the transaction more carefully, according to two people with direct knowledge of the situation. Terms of the deal, which involves the sale of certain assets […] Read more

(Dave Bedard photo)

Monsanto surprises with adjusted profit as expenses drop

Reuters — U.S. seeds and agrochemicals company Monsanto, which agreed last month to be bought by Germany’s Bayer for US$66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. Monsanto agreed in September to a sweetened $128-per-share offer from Bayer that, if approved by regulators, would create […] Read more






(Dave Bedard photo)

Manitoba farmers feel left out on farm policy tour

CNS Canada –– Manitoba has been dropped from an upcoming consulting tour meant to lay the foundation for Canada’s next agricultural policy funding framework. That will limit the province’s producers, the head of an industry group says. The House of Commons’ standing committee on agriculture and agri-food is holding a consulting tour to hear from […] Read more