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
Tag: Farmers Business Network
In a story first posted to the Wall Street Journal, Canadian antitrust authorities are investigating some big players in the agriculture world. The Competition Bureau is reportedly looking at whether Bayer AG, Corteva Inc., and BASF violated Canadian competition law in their dealings against Farmers Business Network, which entered the Canadian market in 2018. According… Read More
The actual price of farm chemicals is often hidden from farmers using techniques like rebates, black box programs and price matching. That means Canadian farmers may be paying different prices to buy the exact same products. The lack of transparency in the ag chemicals market can add costs to an already expensive crop production essential…. Read More
Farmers Business Network (FBN) has initiated an aggressive plan to expand into Canada. Launched as a Silicon Valley start-up with backing from venture capital funds in 2015, FBN started as a platform for aggregating data across millions of acres to provide U.S. farmers with information for crop input purchasing and agronomic decisions. Since then, FBN… Read More
The application of “big data” in farming makes sense in theory. More data enables better decision-making, but at the individual farm level it can be difficult to accumulate a large enough sample size for actionable agronomic analysis. Variety XYZ performed well on one field last year, so should you grow more of that variety next year? Or… Read More