Latest Newsletter

Tag Archives farmers edge

Farmers Edge is a digital agronomy firm that offers services such as variable rate nutrition management and FarmCommand, a data management and analytics platform. Farmers Edge, founder and former CEO Wade Barnes, former chief financial officer David Patrick, Fairfax Financial Holdings and several financial underwriters are named in the suit asking for a combined total of $270 million in damages. | Screencap via farmersedge.ca
News

Farmers Edge disputes merits of claim made by former investors

Proposed class action suite alleges investors received misleading information prior to the company's 2021 IPO

By
Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder. Farmers Edge, founder and former CEO Wade Barnes, former chief financial officer David Patrick, Fairfax Financial Holdings and several financial underwriters are named in the suit asking for a combined total of $270 million in damages.
Photo: Thinkstock

Farmers Edge owner Fairfax Financial shorted on alleged asset manipulation

Short seller's report doesn't describe nefarious accounting tactics, only potentially aggressive valuation marks, bank says

By
Short seller Muddy Waters has placed bets against the shares of Canadian insurer Fairfax Financial, which owns the majority share in Farmers Edge,  alleging manipulation in the insurer's asset values.
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

By
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

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

Editorial: Lessons from an enthusiastic agriculture IPO

By
Farmers Edge has gone public on the TSX, the stock exchange in Toronto, and the large interest around it saw share price rise quickly after the launch. The company is a Winnipeg-based provider of data-driven agronomy and farm management services. An initial public offering (IPO) allows a company to raise funds and sell ownership of […] 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)
Crops, Machinery

Farmers Edge launches IPO

Digital ag firm makes first public share offering to big demand

By
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
Crops, News

Satellite imagery analysis automated

Alerts will tell farmers when there have been changes in fields over time

By
Farmers Edge believes it has solved the satellite imagery information overload problem with automated alerts. The company’s farm management dashboard will now send email alerts when algorithms show that there’s a change in field crop health. Why it matters: Farmers are more likely to adopt farm information systems when they get automated analysis for the […] Read more
(Image courtesy Farmers Edge)
Crops, Machinery

Self-checking field health mapping system launched

By
The farmer’s job of poring over satellite field maps looking for disease, weed and insect trouble is about to go automatic. Winnipeg-based digital ag consulting firm Farmers Edge recently released Health Change Maps and Notifications, a new function that automatically scans the company’s daily satellite imagery and alerts growers of any changes in field health […] Read more
Farmers Edge is partnering with Planet, the company with the largest fleet of Earth-imaging satellites, to bring farmers satellite images of fields several times a week. (Submitted image)
Crops, Machinery

Farmers Edge expands satellite imagery offering

By
Farmers Edge says it’s making satellite imagery a practical and affordable agronomic tool for farmers through a new strategic partnership with Planet, the company with the largest fleet of Earth-imaging satellites. “We think this will be game-changing,” Farmers Edge president and CEO Wade Barnes said in an interview Oct. 3. “I think it’s going to […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast