Other crops Archives | Page 155 of 166

Labatt’s owner wins over SABMiller at fifth attempt

By Martinne Geller, Philip Blenkinsop October 13, 2015

Brussels/London | Reuters –– The world’s two biggest brewers agreed on Tuesday to create a company making almost a third of the world’s beer after SABMiller received an improved offer worth more than C$130 billion from larger rival Anheuser-Busch InBev. If it goes through, the deal would rank in the top five mergers in corporate […] Read more

Crops

Labatt owner ups offer for SABMiller as deadline looms

By Martinne Geller, Philip Blenkinsop October 12, 2015

Reuters — Anheuser-Busch InBev raised its proposed takeover offer for SABMiller on Monday, as the world’s largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world’s beer. The owner of the Budweiser, Labatt and Alexander Keith’s brands said it would […] Read more

Mill Street CEO Irvine Weitzman, Labatt president Jan Craps and Mill Street’s brewmaster Joel Manning and co-founder Steve Abrams (l-r) on Friday announced Labatt has bought the Toronto craft beer company. (CNW Group/Labatt Breweries of Canada)

Crops

Labatt buys Toronto craft brewer Mill Street

By Farmtario Staff October 9, 2015

An award-winning Toronto craft brewer, famed as the biggest certified organic brewer in Canada, is now owned by the makers of Bud and Blue. Labatt Breweries, the Canadian arm of Anheuser-Busch InBev, announced Friday it has bought Mill Street Brewery for an undisclosed sum and will “immediately” invest $10 million in upgrades at Mill Street’s […] Read more

Crops, Markets

Global markets: Clinton opposes TPP, Chinese stocks gain

By MarketsFarm Team October 8, 2015

CNS Canada — The following is a glance at the news moving markets globally. HILLARY CLINTON SAYS SHE DOES NOT SUPPORT PACIFIC TRADE DEAL — U.S. democratic presidential candidate Hillary Clinton said Wednesday she does not support the Trans-Pacific Partnership. The deal doesn’t do enough to protect consumers from high drug prices and currency manipulation, […] Read more

Crops

SABMiller rejects Labatt owner’s takeover approach

By Martinne Geller, Philip Blenkinsop October 7, 2015

Brussels/London | Reuters –– SABMiller, the world’s second largest brewer, has promptly rejected an improved takeover proposal from Anheuser-Busch InBev, saying its 68 billion-pound (C$136 billion) valuation was “very substantially” under par. Refusal of the offer, made public Wednesday after earlier proposals were refused privately, opens the door to a week of intense wrangling before […] Read more

Crops

Monsanto slashing 2,600 jobs, buying back shares as sales fall

By Carey Gillam October 7, 2015

Reuters — Monsanto, one of the world’s largest seed and agrichemical companies, said Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market. The company, which said it expected low prices for agricultural products to squeeze results well into 2016, also reported a much wider quarterly loss […] Read more

Crops, Markets

Think Europe’s halting GMOs? It could be heading for more

By barbara-lewis, Sybille De La Hamaide October 6, 2015

Paris | Reuters — The large number of European countries opposing GMO cultivation may have given the impression the bloc is putting a brake on GMOs, but with new crops queuing for approval and key countries leaving the door open, output is more likely to grow than wane. Nineteen out of 28 EU member states […] Read more

Crops, Markets

PotashCorp withdraws takeover bid for K+S

By Arno Schuetze, Greg Roumeliotis October 5, 2015

New York/Frankfurt | Reuters –– PotashCorp said Monday it had withdrawn its 7.9 billion euro (C$11.6 billion) offer for German potash producer K+S, citing a decline in global commodity and equity markets and a lack of engagement by K+S management. K+S shares dropped 24 per cent after Potash announced its decision in a statement, wiping […] Read more

Livestock

PEDv may have entered U.S. on ‘reusable’ feed bags

By Danny Na, P.J. Huffstutter October 3, 2015

Chicago | Reuters — The porcine epidemic diarrhea virus (PEDv) that killed millions of U.S. pigs over the past two years may have entered the country on large bags typically used to transport feed and other bulk products, the U.S. Department of Agriculture said. The report, dated Sept. 24 and released Wednesday, said the agency […] Read more

Crops, Markets

Glencore reported in talks on agriculture assets

By Clara Denina, Euan Rocha, Sarah McFarlane October 2, 2015

Reuters — Glencore is in talks with a Saudi Arabian sovereign wealth fund and China’s state-backed grain trader COFCO, along with Canadian pension funds, to sell a stake in its agricultural assets, sources familiar with the matter told Reuters. Selling assets is one prong of a wider strategy by the Swiss-based trader and miner to […] Read more

Cyber-Savvy Farmer