Reading Time: 2 minutes 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.
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
Former investors seek class action lawsuit against Farmers Edge
Plaintiffs allege they received misleading information prior to the company's 2021 IPO
Reading Time: 2 minutes 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 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
Reading Time: 2 minutes 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.
Farmers Edge to go private three years after IPO
Company’s majority holder to buy all shares at pennies on the dollar
Reading Time: < 1 minute 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 considering privatization
The tech firm is evaluating a pennies on the dollar share buyback from its majority holder
Reading Time: < 1 minute Fewer than three years after going public, Manitoba-based tech firm Farmers Edge is considering a privatization proposal.
How Farmers Edge is turning youth into business leaders
Internship program pairs up youth and farm clients with company’s FarmCommand platform
Reading Time: 6 minutes Nikki Tomoniko never intended to work in agriculture. In the spring of 2018, the young Neepawa, Man. woman was looking for a summer job when a family friend mentioned Farmers Edge had a new internship program and was trying to find students for its Alberta office. Tomoniko was studying English and French at university and […] Read more
Farmers Edge launches IPO
Digital ag firm makes first public share offering to big demand
Reading Time: 2 minutes 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
Our ‘Amazon moment’
As Wade Barnes sees it, farms and farm suppliers can either embrace today’s tech disruption, or get ready to sell to those who will
Reading Time: 5 minutes More ag companies are testing the winds of change. They believe agriculture is on the cusp of another technological revolution, this time fueled by digitization and online connectivity. This revolution will bring risk, and it will bring opportunity. And, for sure, it will bring disruption. It will change what it takes to be successful, both […] Read more
Self-checking field health mapping system launched
Reading Time: 3 minutes 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
Adding an agronomist to your farm team
As farming gets more complicated a growing number of companies are offering to help out. Some farmers get advice from their local independent retailer, or an agronomist employed by a company like CPS. But more and more farmers are choosing to pay for agronomic advice. Based on the logo-covered trucks parked at farm shows, the[...]
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