DowDuPont announced Corteva as the name for its merged agribusiness in February 2018, ahead of its planned June 2019 spinoff. (Lisa Guenther photo)

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



Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

B.C. longshoremen to take strike vote this week

MarketsFarm — The International Longshore and Warehouse Union (ILWU) is urging members at Canada’s West Coast ports to vote for a strike, as negotiations for a collective agreement have dragged on for over a year. The union members’ vote takes place Wednesday and Thursday (May 8-9). ILWU and the British Columbia Maritime Employers Association (BCMEA) […] Read more

Canada Malting’s processing plant in Montreal. (CanadaMalting.com)

Suitor quits bid for Australia’s GrainCorp

Sydney | Reuters — Australia’s largest-listed grain handler, GrainCorp Ltd., said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion (C$2.26 billion) takeover bid after due diligence, pushing shares to five-month lows. GrainCorp stock dropped 11 per cent at the open of trade on Tuesday to hit close to where it stood preceding […] Read more



United States Senator and current democratic presidential candidate Bernie Sanders made a stop to the Downtown Farmers’ Market in Des Moines on Saturday, May 4, 2019, to greet Iowans. (Photo: Bryon Houlgrave, The Register (Des Moines) via Reuters Marketplace)

Bernie Sanders promises help for family farms

Reuters — U.S. presidential contender Bernie Sanders unveiled a plan on Sunday to help family farmers and rural residents, promising to break up corporate agricultural monopolies and invest heavily in social and economic programs in struggling rural communities. Sanders, an independent U.S. senator and fierce corporate critic, said on a campaign trip to Iowa that […] Read more


(PerformanceAg.ca)

Alberta crop input retail groups’ deal off

A proposal to bring together two groups of central Alberta crop input retailers has been called off without closing a deal. Crop Management Network (CMN) said Friday the conditional deal it announced in March to buy Performance Ag Group won’t proceed. CMN, a joint venture between an employee-owned network of retail outlets and La Coop […] Read more



(SKHoward/iStock/Getty Images)

Climate change has U.S. fund managers adjusting agriculture investments

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more

(Dave Bedard photo)

Maple Leaf quarterly profit misses estimates as costs rise

Reuters — Packaged meat producer Maple Leaf Foods reported a lower-than-expected quarterly profit on Thursday, hit by higher costs as it invested more in new initiatives and capacity expansion. The company has been keen on expanding in the U.S., seeing growth opportunities in humanely raised animal products and alternative protein sources. In April, the company […] Read more