Ont. manufacturer buys MacDon for $1.2 billion

An Ontario company is buying MacDon Industries, a Winnipeg manufacturer of agricultural equipment known for its windrowers and headers, for $1.2 billion. Linamar, based in Guelph, Ont., manufactures auto parts, Skyjack lift equipment and corn and sunflower headers under the Harvestec brand. “MacDon is an innovative market leader.… They have number one market share in […] Read more

BASF to acquire LibertyLink from Bayer

BASF is getting into the seed business in a big way. “It’s an exciting step that further demonstrates our long-term commitment to Canadian agriculture,” said Ron Kehler, business director, crop protection, at BASF Canada. The chemical company has agreed to buy almost all of Bayer’s seed assets, its LibertyLink trait and its glufosinate herbicide business […] Read more

Mergers reduce competition, innovation

Producers have a right to be concerned that the mergers of Monsanto with Bayer and PotashCorp with Agrium, if they go through, will eliminate competition and drive up input prices. If you compare farm cash receipts in Manitoba with the federal government’s Farm Input Price Index, starting in 2004 (which is the base line year), […] Read more

U.S. farm groups unfazed by recent mergers

Some of the bigger organizations actually see benefits in the proposed consolidation in the chemical and seed sector

Some of the biggest farm organizations in the United States are surprisingly at ease with all the mergers going on in the crop input business. A number of them testified last week at the U.S. Senate judiciary committee’s hearings on consolidation in the seed and agrochemical industry. The American Farm Bureau, which is the largest […] Read more

Monsanto takeover faces tough road

Bayer’s US$66 billion bid for the American company faces opposition among grower groups in Canada and the U.S.

CORRECTION – This story has been edited from its original format. This story contained proprietary information that was inadvertently provided to the Western Producer. That information has been removed. Bayer’s takeover of Monsanto would create a near-monopoly player in the canola industry, drive up seed prices and stifle innovation, say farm groups and analysts. The […] Read more

Bayer to buy Monsanto for $66 billion

Canola was often cited as an example of what a merged Bayer and Monsanto will look like as the companies announced Bayer’s US$66 billion purchase of Monsanto at a New York press conference this morning. Bringing the two farming inputs companies together as one larger entity is hoped to allow them to offer a full […] Read more

Potash Corp, Agrium to merge to create $36 billion company

Sept 12 (Reuters) – Canada’s Agrium Inc and Potash Corp of Saskatchewan Inc agreed to combine in a deal that would create a fertilizer giant with an enterprise value of about $36 billion but also draw scrutiny from U.S. regulators. Potash Corp, the world’s biggest crop nutrient company by capacity and Agrium, North America’s largest […] Read more

Agrium, Potash Corp of Saskatchewan confirm merger talks

Agrium Inc. and Potash Corp of Saskatchewan Inc. confirmed Tuesday they are in preliminary merger talks. Agrium is North America’s major distributor of agricultural products and produces nitrogen, potash and phosphate fertilizer. PotashCorp is the world’s largest potash producer with five mines in Saskatchewan, as well as nitrogen and phosphate operations. Both issued statements saying […] Read more

It’s all about size in global marketplace

Since late last summer, Big Seed’s big players have looked more like anxious high school kids hoping to pair off for the senior prom than international businesses investing in new products and markets. The first to go courting was Monsanto. Last August, it offered nearly $46 billion for its Swiss classmate, Syngenta, only to be […] Read more

Petition underway to oppose Bayer/Monsanto merger

Over 282,000 people have signed a petition that opposes the proposed Bayer and Monsanto merger. The petition claims a Monsanto/Bayer agrochemical monopoly would threaten world food systems, raise prices for farmers and consumers, and threaten food security for millions of people. SumOfUs is an international consumer watchdog group that spearheaded the petition. The group sent […] Read more