Photo: TMX Group

Farmers Edge to go private three years after IPO

Company’s majority holder to buy all shares at pennies on the dollar

Ag tech firm Farmers Edge has inked a deal with majority shareholder Fairfax Financial Holdings Limited to sell all common shares at 35 cents apiece, the company announced late yesterday.

Farmers Edge’ made its initial public offering in March of 2021. The event included a congratulatory note from TMX Group, owner of the TSX. (Farmers Edge video screengrab)

Farmers Edge considering privatization

The tech firm is evaluating a pennies on the dollar share buyback from its majority holder

Fewer than three years after going public, Manitoba-based tech firm Farmers Edge is considering a privatization proposal.

People visit crop plots at Discovery Farm Woodstock during Canada’s Outdoor Farm Show. Photo: Canada’s Outdoor Farm Show

Discovery Farm Woodstock joins Pan-Canadian Smart Farm Network

The research site joins its Saskatchewan counterpart on the initiative’s roster

Glacier FarmMedia’s eastern Discovery Farm has joined the locations that share data and research through Old’s College’s Pan-Canadian Smart Farm Network. The 330-acre Ontario site is the host of various demonstration research projects and Canada’s Outdoor Farm Show. It was established as the permanent home for the show in 2020. “The objective is to provide […] Read more

Regan Ferguson tells of her experience using data on the farm near Melfort at Ag In Motion. (Jeff Melchior photo)

At Ag in Motion: Find a purpose, then buy tech, Prairie grower says

No matter how cutting-edge, digital ag needs to be a fit on your farm

Investing in digital agriculture can be a daunting experience. A producer’s best bet, one northeastern Saskatchewan farmer says, is to do your homework and find a purpose for it on your farm. “You have got to have the root purpose of why you got that technology. Either that or you talk to others to help […] Read more


(Onfokus/E+/Getty Images)

Automated ag skills program developed for Saskatchewan workforce

Protein supercluster, U of S supporting non-profit agency's program

Corrected, May 24 — A national skills-building organization focused on connecting employers with “untapped” labour markets sets its webcams this summer on the automated and digital ag sectors. Not-for-profit organization Palette Skills has launched a new eight-week online program for Saskatchewan residents focused on automation and digitization in agricultural production and processing. The enrolment deadline […] Read more

Farmers Edge’s online event on March 3 included a congratulatory note from TMX Group, owner of the TSX. (Farmers Edge video screengrab)

Farmers Edge launches IPO

Digital ag firm makes first public share offering to big demand

Manitoba’s best-known digital agriculture firm is now a publicly-traded company. Farmers Edge, founded in 2005 in Pilot Mound, Man. by agronomists Wade Barnes and Curtis MacKinnon, has carved out a niche using field-centric data, artificial intelligence and its FarmCommand data management platform. CEO Wade Barnes called it an exciting day during an online press conference […] Read more

Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Bayer to invest $7.5 billion in new herbicides

Berlin | Reuters — Bayer said it would invest five billion euros (C$7.5 billion) in developing new weedkillers and reducing its environmental impact by 30 per cent by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate. “While glyphosate will continue to play an important role in agriculture and in […] Read more


Bayer’s wheat breeding station at Pike Lake, Sask., southwest of Saskatoon. (Cropscience.bayer.com)

Canada clears Bayer’s Monsanto play, with conditions

Canada’s Competition Bureau says it’s “actively reviewing” BASF’s suitability as a buyer of the crop seed and chemical assets Bayer has to sell to get the bureau’s blessing to buy Monsanto. The Competition Bureau said Wednesday it has an agreement with Bayer to deal with “concerns that the proposed transaction would have significantly harmed competition […] Read more

(BASF.com)

Bayer to sell digital farming business to BASF

Frankfurt | Reuters — Germany’s Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto . Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of […] Read more