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 […] Read more
Tag Archives agribusiness
The Andersons to pay debt, invest in core units after rail business sale
Renewable fuels, specialty foods investments considered
Ex-Viterra chief Schmidt named Nutrien’s new CEO
Chuck Magro stepping down for 'new opportunities'
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 […] Read more
Telus’ farm and food sector acquisitions take new shape
Canadian telco giant launches new Telus Agriculture unit
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 […] Read more
BMO regroups ag banking business
Ag-focused national banking team put in place
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 […] Read more
‘Glencore Agriculture’ to adopt Viterra brand
Worldwide ag business to rebrand later this year
A trademark that Swiss commodity firm Glencore picked up when it bought its way into Prairie agriculture is about to become the global brand for its agribusiness offspring. David Mattiske, […] Read more
Ottawa’s Agriculture Day gathering a sector-wide affair
Agriculture Day celebrations across Canada on Tuesday included a conference in Ottawa with roughly 500 attendees from across the ag sector. Hosted by Agriculture More than Ever, the event aimed […] Read more
Bunge profit tops estimates on South American results
Chicago | Reuters — Agricultural commodities trader Bunge reported a stronger-than-expected quarterly profit on Wednesday as rising crop prices boosted farmer sales in South America and swelled margins in its […] Read more
Improving global ag trade may not favour Canada
MarketsFarm — When it comes to improving global trade relations, a rising tide may not lift all boats. In the recently-signed Phase One trade deal between the U.S. and China, […] Read more
La Coop federee to rebrand agribusiness arm
Crop and livestock producers dealing with the agribusiness division of Quebec’s La Coop federee can expect to see a new name in the game early next year. La Coop announced […] Read more
Bunge profit dives as grain glut hits margins
Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South […] Read more