GFM Network News


Agco to buy GrainViz system’s Winnipeg developer

System due out in limited release this fall

Reading Time: 2 minutes U.S. farm machinery firm Agco has set up a deal to buy its Winnipeg partner in the development of the GSI GrainViz grain monitoring system. Georgia-based Agco announced Friday it now has an agreement to acquire 151 Research, with which it had signed an “exclusive technology partnership” back in December 2018 to develop the GrainViz […] Read more

Bunge buys into canola, pea protein maker Merit

Agribusiness giant takes quarter stake in processor

Reading Time: 2 minutes One of the world’s biggest grain companies is getting in on a processing facility under construction in Winnipeg to extract plant-based proteins from canola and peas. Winnipeg-based Merit Functional Foods announced Thursday it has received a $30 million “capital investment” from Bunge, giving the U.S. grain firm a “minority interest” worth 25 per cent. Burcon […] Read more


U.S. mushroom giant buys major Manitoba grower

Loveday Mushroom Farms joins South Hill Champs

Reading Time: 2 minutes A major player in the North American mushroom business expects to expand its reach in the U.S. Midwest and Canada’s Prairies with a deal for a storied Winnipeg producer. South Mill Champs, formed in 2018 from the merger of Philadelphia-area producer South Mill and Aldergrove, B.C.-based Champs Mushrooms, announced Tuesday it has expanded to include […] Read more

Viterra to build new elevator near Winnipeg

New Rosser terminal to have five times the capacity

Reading Time: < 1 minute Grain handler Viterra is set to replace a relatively small concrete elevator just northwest of Winnipeg with a new higher-throughput terminal. Glencore Agriculture’s Prairie grain arm said Thursday it will build a new high-throughput in the municipality of Rosser, Man., near the northwest corner of Winnipeg’s Perimeter Highway. The new site, connecting to Canadian Pacific […] Read more


Plant protein processor backed for expansion

Lenders arrange up to $85 million for Merit Functional Foods

Reading Time: 2 minutes The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May 4 it has secured a debt financing package of up to $85 million from “a syndicate of lenders” including Export Development Canada, Farm Credit Canada […] Read more

Pea, canola protein processing plant planned for outside Winnipeg

Reading Time: 2 minutes MarketsFarm — Somewhere outside Winnipeg, a new pea and canola processing plant is scheduled to be in production by August 2020. The $65 million facility is expected to process up to 20,000 tonnes of yellow field peas annually and will be the world’s only commercial-scale food-grade canola protein production facility. No figure for the plant’s […] Read more


Buhler to build bigger Kubota tractors in Winnipeg

Reading Time: 2 minutes Kubota’s highest-horsepower tractors yet for the North American farm market are going to be made in Canada. Winnipeg manufacturer Buhler Industries, the maker of Versatile tractors, on Thursday announced a “long-term” original equipment manufacturer (OEM) deal with Japan’s Kubota Corp. to “develop and produce a new tractor platform in the mid-range front-wheel assist segment.” For […] Read more

Former sister firm to buy Outback Guidance

Reading Time: 2 minutes Farm GPS guidance and autosteering equipment company AgJunction is set to sell its Outback Guidance business to a satellite positioning tech firm it spun off five years earlier. Kansas-based AgJunction announced Monday it has sold the Outback assets to Hemisphere GNSS, a Scottsdale, Ariz. company owned by Chinese firm Beijing UniStrong, for an undisclosed sum. […] Read more


Exchange’s move means ‘zero change’ on canola traders’ screens

Reading Time: 3 minutes CNS Canada — Traders who handle canola futures on the former Winnipeg Commodity Exchange see some question marks ahead as the canola futures market gets set to pack up and move to New York at the end of July, pending regulatory approval. Atlanta-based Intercontinental Exchange (ICE), which has owned Winnipeg’s ICE Futures Canada canola market […] Read more

Richardson to take food innovation downtown

Reading Time: 3 minutes Canadian grain and agrifood firm Richardson International plans to marshal its food research and product development crews in a new downtown Winnipeg space. The privately-held, Winnipeg-based company announced Wednesday it will put up over $30 million to build what it calls the Richardson Innovation Centre, a four-story, 62,000-square foot facility to go up a block […] Read more