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An Agrium fertilizer distribution facility west of Portage la Prairie, Man. (Dave Bedard photo)
Crops, Reuters

Indian regulator warns on Agrium-PotashCorp merger

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New Delhi | Reuters — India’s competition regulator said the proposed merger between Agrium and PotashCorp was likely to hurt competition, a government statement said Wednesday. The two Canadian fertilizer producers agreed to merge last September to navigate a severe industry slump by boosting efficiency and cutting costs. Neither Agrium nor PotashCorp have physical presence […] 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
(Dow.com)
Crops, Reuters

EU regulators reported set to clear Dow, DuPont deal

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Brussels | Reuters — Dow Chemical and DuPont are set to win EU antitrust approval for their US$130 billion merger, two people familiar with the matter said on Wednesday. The deal, which still needs approval from U.S. and other regulators, has faced intense scrutiny from the European Commission. Of particular concern is combining the two […] Read more
(Greg Berg photo)
Crops, Machinery, Reuters

Deere challenges U.S. federal block on Precision Planting bid

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Reuters — Deere and Co. said its proposal to buy Precision Planting, an agricultural equipment and technology company, will increase consumer choice and directly benefit growers, in a response filed on Wednesday to the U.S. Department of Justice’s lawsuit to block the acquisition. Deere announced its planned acquisition of Precision Planting in November 2015, for […] Read more
(Keith Weller photo courtesy ARS/USDA)
Dairy Cattle, Livestock, Reuters

New Zealand dairy industry worries over Canada pricing plan

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Wellington/Winnipeg | Reuters — New Zealand is closely watching changes in how Canada prices dairy products, New Zealand’s trade ministry said on Friday, as industry groups in several countries complain of unfair Canadian competition. Canada’s dairy farmers and processors, which include Saputo and Parmalat Canada, struck a pricing agreement in July that industry groups in […] Read more
Bayer CEO Werner Baumann (l) and Monsanto CEO Hugh Grant on Wednesday announced plans for a friendly merger in which Bayer will buy all Monsanto stock for US$128 per share. (PRNewsFoto/Bayer)
Crops, Reuters

Bayer clinches Monsanto with raised US$66 billion bid

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New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of […] Read more
(Dave Bedard photo)
Crops

PotashCorp, Agrium make engagement official

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The boards of two of the heaviest hitters in Canada’s fertilizer sector have formally agreed to a $47 billion “merger of equals” deal under a new, yet-to-be-named parent company. PotashCorp, the world’s biggest fertilizer company by capacity, and rival Agrium, which is also the world’s biggest crop input retail chain, announced an agreement Monday in […] Read more
Man standing on stage making presentation.
News

Common, sustainable trade competition policy needed for N.A.

Economist says strong North American leaders are the missing key to better trade

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The North American Free Trade Agreement (NAFTA) has bumped investment and trade in North America since its implementation, but more needs to be done to boost the region’s competiveness, an economist told delegates at the Canola Council of Canada’s conference in San Antonio in late February. “Trade and investment flows in North America have been […] Read more

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