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Features, News

SeedNet varieties sold from the farm

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In 2010, a group of 14 progressive, southern Alberta seed growers got together, looking for ways to promote seed production. Today, those original seed growers (well, 13 of them) are shareholders in SeedNet, a company that licenses new varieties for sale to commercial farmers. “Now,” says Elizabeth Tokariuk, SeedNet’s general manager, “we have a network […] Read more
(JBSS.infoinvest.com.br)
Reuters

JBS shareholder Batista arrested in food sector corruption investigation

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Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to […] Read more
Roquette hopes pea acreage will increase in Manitoba, but the financial incentive will need to be there for farmers in order to dedicate the acres. Photo: File/Lisa Guenther
Peas, Pulses

Construction resumes at Portage pea plant

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CNS Canada – More than a year after the ground breaking ceremony was held for Roquette’s pea-processing plant at Portage la Prairie, Man., construction resumed on it at the end of October. According to a company spokesperson construction was halted last spring “to adjust and fine tune the project.” ”We took the opportunity to include […] Read more
Reuters

Louis Dreyfus top shareholder gets finance to buy out minorities

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Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family minorities, a move that has created uncertainty over the firm’s funding. Minority family shareholders asked in 2015 to sell 16.6 percent of LDC’s holding company […] Read more
New canola varieties for 2019
Canola, News

New canola varieties for 2019

Eight new herbicide-tolerant canola varieties on the market for next year

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Every year Grainews contacts seed companies so we can make a list of the new varieties coming out for the next season. This year, the biggest challenge was keeping track of who’s who. With all the mergers and purchases that have taken place in the input supply industry, it took a spreadsheet to track which […] Read more
The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. Photo: REUTERS/Brendan McDermid
Reuters, Soybeans

ADM profit tops estimates on export sales, oilseeds

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Reuters – Archer Daniels Midland Co reported a bigger-than-expected quarterly profit on Tuesday, as the U.S. grain merchant made export sales to buyers in countries other than China during an escalating trade war between Washington and Beijing. Strong margins for oilseeds crushing also boosted earnings. The United States and China have imposed tariffs on hundreds […] Read more
(Staff photo)
Reuters

Fertilizer maker Nutrien’s profit beats on strong potash demand

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Reuters – Canadian fertilizer and farm supplies dealer Nutrien Ltd reported a better-than-expected quarterly profit and raised its full-year adjusted profit forecast, driven by strong demand for its potash fertilizers. The world’s largest fertilizer company by capacity raised its full-year adjusted profit forecast to the range of $2.60-$2.80 per share, from its prior estimate of […] Read more
(DuPont.com, Dow.com)
Reuters

DowDuPont tops profit estimates as chemicals demand provides boost

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Reuters – DowDuPont Inc topped Wall Street estimates for third-quarter profit on Thursday, as stronger demand for chemicals used in cosmetics, paints and packaging gear helped offset slowing growth at its agriculture business. The world’s largest chemicals producer, formed last year through the $130 billion merger of Dow Chemical and DuPont, also said it would […] Read more
Photo: Getty Images
Crops, Markets, Reuters

ABCD quartet of grain traders partner to digitize global trades

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Chicago | Reuters – The world’s four largest agribusinesses are working together to standardize and digitize international grain trades using technologies such as blockchain and artificial intelligence, the companies announced on Thursday. Archer Daniels Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus Co, known collectively as the ABCDs of global grain trading, said the […] Read more
A small marijuana plant grows in a lab at the new Commercial Cannabis Production Program at Niagara College in Niagara-on-the-Lake, Ontario, Canada, October 9, 2018. Photo: Reuters/Carlos Osorio/File
Reuters

U.S. pot firm Curaleaf to triple planned equity offering

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Toronto | Reuters – U.S. cannabis retailer Curaleaf Holdings Inc is raising about $400 million, almost three times its original target, in Toronto, in a deal that would value the company at close to $4 billion, people familiar with the situation told Reuters. The move by the Wakefield, Massachusetts-based company, which also owns cannabis cultivation […] Read more

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