AGCO’s long-time chief executive officer and chair of its board of directors is retiring and being replaced from within the company. Martin Richenhagen’s 16 years with the company have been […] Read more
Tag Archives business
AGCO appoints new CEO
Poultry firm buys processing facility
A growth-minded Toronto poultry and deli meat further-processing company has made a vertical move with a deal for a federally-inspected Niagara-area poultry slaughter plant. ADP Direct Poultry announced recently it […] Read more
Do you really need to write it down?
Business plans aren’t real until they’re recorded and shared
Farm business plans could be one of the tools to help farmers get through the pandemic instability of 2020. “COVID-19 has given us a year where we can see the […] Read more
Winfield United and Country Farm Seeds joining
WinField United Canada and Country Farm Seeds are joining forces to provide Canadian farmers and agriculture retailers with an expanded seed portfolio. The combined offering will bring together the size […] Read more
Silk invests in ALUS project
Farmers involved in ALUS (Alternative Land Use Services) projects will have greater funding from a new investment in the program. Silk, the plant-based drink company, has committed $100,00 to ALUS’s […] Read more
CNH Industrial guides for revenue fall up to 20 per cent
Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent […] Read more
JBS invests $19-million in safety measures amid COVID-19 pandemic
Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, […] Read more
BASF says dividends, asset values under review as pandemic bites
Frankfurt | Reuters – Germany’s BASF said on Wednesday its dividend policy and the value of assets on its balance sheet might be revised given uncertainty caused by the coronavirus […] Read more
Bunge raises outlook as agribusiness profits beat Wall Street estimates
Reuters – Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates, sending shares up more than 5 percent in […] Read more
Feds proposing to expand wage subsidy program
Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill […] Read more