Well it official….Viterra has been sold. TheGlobe and Mail is reporting this morning that Glencore has purchased Viterra for 6.1 billion. Agrium (CPS) take the majority of the agri retail spots while Richardson’s has acquired a quarter of the grain handling assets. More to come as the story develops.

I was listening to CBC Radio this morning and I thought this was a pretty good discussion of the political side of the Viterra takeover. In particular the challenges that Brad Wall has with explaining the three way deal to residents of Saskatchewan.  Viterra is a different kind of company than Potash Corp and therefore… Read More

John Depape, The CWB Monitor, talks to RealAgriculture.com about the potential sale of Viterra to a foreign company like Glencore.  John gives his feelings on whether Viterra is a national strategic asset, whether the competition bureau has anything to say about this size of deal, and if this potential deal with Glencore makes any sense… Read More

The Canadian agricultural newswires are jumping today as Viterra’s shares were temporarily halted on the TSX due to what the company calls “expression of interest.” I have made calls around the country and two names continue to pop up.  Glencore and ADM have been on the tip of everyone’s tongue all day. Many of you… Read More

With last weeks expected sale of the Viterra Livestock Division to Hi-Pro Feeds LP the feed industry in Canada has changed in Western Canada.  Hi-Pro will be owned by Birch Hill Equity Partners and the employees of the company.  In the press release Viterra said that the sale was initiated for strategic reasons. Viterra is… Read More

The issue of herbicide resistance is a concern to all farmers. This is especially a concern in the areas where glyphosate tolerant crops are planted extensively. Prices over the past five years have made growing certain glyphosate tolerant crops very profitable. That profitability is causing some farmers to push their rotations which can impact in… Read More

The bottom line is that farmers want to see their yields increase, and that’s what we’re providing.” Becker Underwood’s Director of Marketing Ralph DeVries. With the release of the new Nodulator XL inoculant for peas and lentils, DeVries says that they’ve improved upon a number of things, most importantly, a more active strain of rhizobium… Read More

 

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