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Tag Archives agribusiness — page 2

Opinion: Mindset is a tool that we can leverage
News

Opinion: Mindset is a tool that we can leverage

How a growth rather than fixed mindset can help fuel the agriculture sector’s growth

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I love talking about the generational differences within the agriculture and food sector. I had some eye-opening conversations when I spoke to a number of farmers last fall for Country Guide’s Best Advice podcast series, and learned how they approach business on the farm. You could tell early in our conversations what type of mindset […] Read more
(Viktorcvetkovic/E+/Getty Images)
Livestock, Machinery

Activists target Ontario hog farm with ransomware

'We are dealing with adversaries whose motivation is not money'

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A ransomware on a small Ontario hog business is something a cybersecurity expert says needs more attention from the agriculture industry. Instead of cash, the attackers demanded the hog business owners publicly admit to what they alleged to be livestock mistreatment. The occurrence was unique and alarming, says Ali Dehghantanha, Canada research chair in cybersecurity […] Read more
File photo of tobacco fields at Vinales in western Cuba. (Nikada/E+/Getty Images)
Markets

U.S. ag businesses want Biden to allow more investment in Cuba

Canadian investment 'significant' in Cuban business

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Havana | Reuters — U.S. agribusinesses, on a trade tour in Cuba, said on Tuesday they were “losing” in their bid to boost commerce with Cuban farmers and called on the Biden administration to ease restrictions and allow them to invest in private agriculture on the island. U.S. President Joe Biden last May loosened restrictions […] Read more
File photo of Rabobank’s office building in Utrecht. (Rabobank.com)

Rabobank to offer Canadian farm-level lending

Dutch co-operative bank's Canadian arm to loan directly to farmers, starting on Prairies

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Updated — A global financing firm operating at higher altitudes in Canada’s food and agrifood sector now plans to expand its business down to the farm and ranch level. The Canadian arm of Rabobank — an Amsterdam-based farmer co-operative lender, providing banking, leasing and real estate services in more than 38 countries — announced Tuesday […] Read more
(Video screengrab from CBSA-asfc.gc.ca)

U.S. extends COVID vaccine requirements for non-citizens at land borders

U.S. agribusinesses still seeking exemptions for cross-border truckers

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Washington | Reuters — The United States government said Thursday it’s extending a requirement that non-U.S. citizens crossing land or ferry terminals at the U.S.-Canada and U.S.-Mexico borders must be vaccinated against the coronavirus. The requirements were first adopted in November as part of reopening the United States to land crossings by foreign tourists after […] Read more
The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)
Crops, Machinery

The Andersons to pay debt, invest in core units after rail business sale

Renewable fuels, specialty foods investments considered

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Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable farming and low carbon initiatives in its core grain and fertilizer units, CEO Pat Bowe told Reuters on Tuesday. Maumee, Ohio-based Andersons sold its rail […] Read more
Mayo Schmidt, shown here in Winnipeg in 2007, has been named CEO of Nutrien. (Dave Bedard file photo)
Crops

Ex-Viterra chief Schmidt named Nutrien’s new CEO

Chuck Magro stepping down for 'new opportunities'

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Canadian fertilizer and ag retail giant Nutrien has tapped a familiar name in agribusiness to lead the company, as the CEO it’s had since birth steps aside. Saskatoon-based Nutrien said Monday its board has named its current chairman, Mayo Schmidt, as the company’s new CEO. Replacing Schmidt as Nutrien’s chair is Russ Girling, former CEO […] Read more
(Photo: Reuters/Chris Wattie)
Machinery, Markets

Telus’ farm and food sector acquisitions take new shape

Canadian telco giant launches new Telus Agriculture unit

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Canadian telco and info tech giant Telus has consolidated its recent — and ongoing — acquisitions in farm tech, ag data management and supply chain management into a single new business unit. The Vancouver company, one of Canada’s “big five” telecommunications firms, on Thursday formally launched Telus Agriculture, billed as “a new business unit dedicated […] Read more
BMO in May 2020 announced an agreement to sell its 107-year-old downtown Winnipeg building to the Manitoba Metis Federation for use as a new Metis Nation Heritage Centre. (File photo by Dave Bedard)
Markets

BMO regroups ag banking business

Ag-focused national banking team put in place

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With COVID-19 serving to “accelerate” changes in the industry, BMO Bank of Montreal says it has reset its farm banking work under the oversight of an expanded national agriculture and agribusiness banking team. BMO announced the new team approach Oct. 14, describing it as “a national team of agriculture banking specialists — team members with […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast