Combyne, the made-in-Canada grain marketing platform Bayer bought earlier this year, is now fully on speaking terms with the company’s Climate FieldView precision ag platform. Bayer on Oct. 30 announced integration of the two platforms, which it said will allow grain farmers in Canada and the U.S. to connect their marketing data in Combyne and […] Read more
Tag Archives grain marketing
Bayer’s crop marketing, crop production platforms in sync
FieldView, Combyne platforms now integrated
Ontario grain companies form strategic alliance
Great Lakes Grain, Bacres Grain Inc., and Wanstead Farmers Co-operative have joined forces in what the companies are calling a “strategic partnership aimed at providing enhanced services to the agricultural community.” Why it matters: Great Lakes Grain already supplies grain marketing expertise to cooperatives and other elevators across the province. The collaboration “leverages the unique […] Read more
Viterra to exit Russian grain trade
The company's team in Russia to create new grain exporter
London | Reuters — Global grain trader Viterra’s management team in Russia plans to create an independent Russian grain exporter once the company ceases export activities in the country, the head of its Russian office, Nikolai Demyanov, told Reuters on Thursday. Viterra — whose owners include mining and trading giant Glencore and the investment management […] Read more
Dreyfus to step up spending after earnings boost
'Complementary' acquisitions envisioned
Paris | Reuters — Louis Dreyfus Co. (LDC) could nearly double annual investments in the coming years as rising profits help it pursue expansion in its traditional crop trading and newer food-ingredient activities, its CEO told Reuters. The group on Wednesday reported a jump in annual net profit to $1 billion, joining other global crop […] Read more
Canadian grain marketing expands its options with apps
New platforms offered by Bayer CropScience and StoneX Group
Glacier FarmMedia – A couple of Fortune 500 companies are expanding their Canadian crop marketing services. StoneX Financial (Canada) Inc., a subsidiary of StoneX Group Inc., has launched its Farm Advantage mobile app, which provides growers with market data and intelligence. Why it matters: The apps aim to provide farmers with market information in a […] Read more
Bunge to sell oilseed processing business in Russia
Grain firms scaling back Russian business
Reuters — Agricultural commodities trader Bunge said Monday it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. Bunge and its rivals ADM, Cargill and Louis Dreyfus — part of the so-called ABCD quartet of global […] Read more
Extra care required to ensure high quality food-grade soybeans
Clean, intact seeds critical for soybean processors
Processors want clean, intact soybeans for their food products. That’s why farmers delivering lower quality crops can be hit with significant per bushel price deductions. A few best management practices at harvest can help avoid those discounts. Why it matters: Stained or damaged food-grade soybean seeds can have a significant negative impact on farm gate […] Read more
Ontario start-up launches grain-trading app
‘Industry-first’ potential to eliminate time-consuming paperwork
An Ontario company has launched a new app that provides instant information and creation of grain-trading contracts in what it is calling an industry first. The Grain Discovery app for iPhone, along with its companion online portal for all internet connections was launched on a trial basis at the Prince Edward County-based Lockie Farms Grain […] Read more
FBN cuts yearly membership fee to zero
Ag e-commerce firm offers free accounts to farmers
E-marketplace Farmers Business Network (FBN) has disposed of the annual membership fee that allowed members access to its various buying groups and services. California-based FBN, which has operated in the U.S. since 2014 and expanded to Canada in 2017, announced Tuesday (Sept. 15) its farmer members may now have “access to a select range of […] Read more
10 good habits for marketing crops
There are profitable choices that can be made when selling crops
Producers looking to successfully market their grain should concentrate on what they can control and be prepared to sell at any time, according to Donna Archer of Maizeing Acres Incorporated. Archer and her husband, Pete, have a 1,500 cash crop farm and own three grain elevators in eastern Ontario. She presented 10 tips for grain […] Read more