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harvesting wheat
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Out-competed

Again, the Australians are showing us how we’d market our crops if we had our act together

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Reading Time: 7 minutes Is the Canadian grains sector being out-marketed globally? This is a question that has nagged me since February 16, the date the Australian Export Grains Innovation Centre released new information brochures for Australian wheat, barley, oats, canola and pulses. “These publications are aimed at international purchasers of Australian grain,” the association (AEGIC) said in its […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Australia clears Saputo’s Murray Goulburn takeover

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Reading Time: < 1 minute Reuters — Australia’s competition regulator on Wednesday approved a planned $1 billion takeover of the country’s largest dairy processor, Murray Goulburn Co-operative, by Canada’s Saputo. The deal, which Australia’s largest dairy processor says is key to its survival, was approved after Saputo agreed to sell a milk plant in Victoria state to address concerns from […] Read more
(PortMetroVancouver.com)
General, Markets, Reuters

Final version of Trans-Pacific trade deal released

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Reading Time: 3 minutes Wellington/Sydney | Reuters — The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific’s fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the U.S. More than 20 provisions have been suspended or changed in the final […] Read more
(LCBO.com)
Crops, Fruit/Vegetables, Grapes, Reuters

Australia takes Canada to WTO over wine rules

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Reading Time: 2 minutes Geneva | Reuters — Australia has complained at the World Trade Organization about Canada’s rules on wine sales, expanding a similar U.S. complaint against one province. In October, Washington accused British Columbia of providing an unfair advantage to local vineyards by giving their wine an exclusive retail channel in grocery store shelves and cutting out […] Read more
(LDCom.com)
Crops, Reuters

Dreyfus to sell Australian fertilizer unit to Agrium

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Reading Time: 2 minutes Paris/Winnipeg | Reuters — Global commodity trader Louis Dreyfus has agreed to sell its fertilizer business to Canada’s Agrium as it continues an overhaul in response to tough agricultural markets. Louis Dreyfus is to sell Macrofertil Australia, which has annual sales of around US$120 million, to Agrium’s Australian unit Landmark Operations in a deal expected […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Saputo woos Australia farmers in Murray Goulburn rebuild

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Reading Time: 2 minutes Winnipeg | Reuters — Saputo, one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative to profit by aggressively pursuing more of the country’s milk supply, its CEO said on Thursday. The Montreal-based company agreed last week to buy the co-operative for C$1.3 billion including debt, and has already planned 15 meetings […] Read more
(MGC.com.au)
Dairy Cattle, Livestock, Reuters

Saputo to buy Australian dairy co-op Murray Goulburn

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Reading Time: < 1 minute Reuters — Murray Goulburn Co-operative, Australia’s largest milk processor, on Friday said it agreed to a buyout from Canadian dairy company Saputo worth up to A$637.8 million (C$627.5 million). Murray Goulburn (MG) said Saputo would pay between A$1.10-$1.15 per share, compared to its A$2.10 issue price when it listed in 2015. A total buyout value […] Read more

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