Reading Time: 3 minutes Global positioning tech firm Trimble is set to sell its precision ag business into a new joint-venture company that will include farm machinery maker Agco’s made-in-Manitoba autonomy arm. From farmers’ perspective, the two companies say their combined technology offering is expected to offer “seamless integration and connectivity across geographies, equipment brands and the crop life […] Read more
Trimble Ag, Agco’s JCA link up for new precision ag venture
Agco gets majority control of a new precision ag and autonomy firm; Agco's GSI brand and others now under separate review
Joint venturers
Joint ventures rarely get used in today’s farm succession plans. These two producers call that a major missed opportunity
Reading Time: 11 minutes [UPDATED: Mar. 22, 2022] Doyle Wiebe expects to do a lot more golfing this summer than he did eight years ago, and he’s managing to find time for a lot of other activities too, like mentoring and consulting, that he much prefers over driving a tractor for hours at a time. In 2014, by contrast, […] Read more
Federated Co-op buying into ag retailer Blair’s
Central, southeastern Saskatchewan sites to go into new joint venture
Reading Time: 2 minutes The ag retail arm of the Saskatchewan-based Blair’s Family of Companies is set to go into a joint venture with one of Canada’s biggest co-operatives. Blair’s and Federated Co-operatives (FCL) announced last week they’ve reached an agreement to set up a joint venture which, pending regulatory approvals, will own and operate the seven Blair’s ag […] Read more
Grain trade regional tie-ups seen more likely over mega-deals
Reading Time: 2 minutes Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus’ CEO said. Merchants have been grappling with lower profits from sourcing and shipping commodities such as grain and oilseeds, prompting cutbacks […] Read more
Viterra buys up all of North Dakota grain terminal
Reading Time: < 1 minute Viterra has bought up the other half of a U.S. joint-venture grain terminal the company helped build in its SaskPool days. The Regina-based grain handling arm of commodity firm Glencore announced Thursday it has closed a deal to buy U.S. food processor General Mills’ 50 per cent stake in the two companies’ grain terminal at […] Read more
Input Capital to consider company sale, merger, cannabis
Reading Time: 2 minutes Possible options including a sale, merger or moving into the cannabis business are now on the table for “commodity streaming” canola firm Input Capital Corp. Regina-based Input, which trades publicly on the TSX Venture Exchange, announced Wednesday its board has launched a “comprehensive review of strategic alternatives to enhance shareholder value.” The review, which will […] Read more
Louis Dreyfus to exit dairy by mid-2019
Reading Time: 2 minutes Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several activities to be sold or […] Read more
GrainsConnect hops aboard P+H port terminal project
Reading Time: 2 minutes Updated Jan. 4, 2019 — Winnipeg grain firm Parrish and Heimbecker’s plans for a new West Coast port terminal again have a joint venture partner. Calgary-based GrainsConnect Canada, itself a joint Prairie grain handling venture between Australia’s GrainCorp and Japan’s Zen-Noh Grain, announced Wednesday it now has a formal 50-50 partnership agreement with P+H to […] Read more
Which joint venture will work for you?
AME Management: Building a business structure that works for your farm
Reading Time: 6 minutes The whole world acknowledges the brilliance of Albert Einstein. He is famous for his discoveries about relativity and the pull of gravity, and for his equation E=mc2, which says that the increased relativistic mass (m) of a body times the speed of light squared (c 2) is equal to the kinetic energy (E) of that […] Read more
Kazakhstan land protests widen in challenge to leader
Reading Time: 2 minutes Almaty | Reuters — Hundreds of people staged street protests in two cities in Kazakhstan on Wednesday over land reform, Kazakh media and local activists reported, a rare act of defiance that could pose a challenge to the leadership of President Nursultan Nazarbayev. The protests, a continuation of demonstrations that began on Sunday, were sparked […] Read more
A message from April Stewart, Country Guide's Associate Editor
