Canada’s Competition Bureau is raising “substantial competition concerns” with Bunge’s proposed acquisition of Viterra. The US$8.1 billion deal announced in June 2023 would likely harm competition for canola grown near Bunge’s crush plants in Western Canada, and the supply of refined canola oil in Eastern Canada, according to a report published by the Bureau on April… Read More
Tag: Competition Bureau
Canada’s Competition Bureau has turned down a request to look into concerns that a lack of competition has allowed the price of deadstock pickup from farms to skyrocket in parts of the country. The Manitoba Pork Council filed a complaint earlier this year, noting a ten-fold increase in prices charged by Rothsay Rendering for fallen… Read More
The Canadian Competition Bureau says it has received the required court approvals to move ahead with its investigation into allegations of anti-competitive interactions between several major crop input suppliers and Farmers Business Network (FBN) Canada. The bureau says it obtained court orders on February 11, requiring BASF, Bayer, Cargill, Corteva, Federated Coop, Univar Solutions, and… Read More
The Competition Bureau has filed an application to order grain company Parrish & Heimbecker (P&H) to sell either their elevator at Moosomin, Sask., or their newly-purchased elevator at Virden, Man. The application cites the recent acquisition by the company gives P&H control of the two elevators which are along a 180 km stretch of the… Read More
In order to preserve competition in southwestern and central Ontario, the Competition Bureau has concluded La Coop fédérée’s (LCF) proposed purchase of Cargill’s Ontario grain business, retail crop inputs business, and 50 per cent equity interest in South West Ag Partners, Inc. may not proceed as presented. LCF announced the deal with Cargill back in March… Read More