Farmers Edge has entered into an agreement with its largest shareholder to take the company private, pending approval from other shareholders. The deal would see a subsidiary of Fairfax Financial Holdings, which owns approximately 61 per cent of the common shares in the digital agriculture company, purchase the remaining shares for a price of C$0.35… Read More
Tag: Farmers Edge
On this weekend’s show, host Shaun Haney shares some of the trends and reality checks from Agritechnica 2023. He then discusses some key insights from the RealAgristudies on learning and development. We will also hear Lyndsey Smith in an interview with Kaitlyn McMurphy of the Saskatchewan Ministry of Agriculture on extensive winter feeding. Plus hear… Read More
On this episode of Tuesdays with Lyndsey, you’ll hear: Host Lyndsey Smith in conversation with John Barlow, MP for Foothills, on Bill C-234, Bill C-355, and the rally at parliament hill; A clip from Jim Wiesemeyer with Pro Farmer and Shaun Haney on all things politics, including trade, carbon taxes, and Argentina’s Trump; Plus, heear… Read More
Farmers Edge’s majority shareholder is looking to buy the remaining shares of the digital agriculture company for a small fraction of the value of the company when it went public less than three years ago. Fairfax Financial Holdings, which holds a 61 per cent stake in Farmers Edge, has made a non-binding offer to purchase… Read More
The board of Farmers Edge has announced its choice for the new chief executive officer for the company. Vibhore Arora will replace company founder and long-time CEO Wade Barnes, effective June 6, 2022. Arora comes to the ag tech company from Amazon Canada. Prior to that, he held senior positions in the information technology and… Read More
Farmers Edge co-founder Wade Barnes is stepping down as the digital agriculture company’s chief executive officer. The change was announced by the company and its board of directors late Friday, March 26, coinciding with the release of the company’s fourth quarter financials. Barnes — who has led Farmers Edge since starting the company in Pilot… Read More
Farmers Edge has announced the creation of DigiAg Risk Management Inc., a subsidiary of Farmers Edge. This new unit will provide farmers across Canada with parametric insurance products, risk transfer solutions, and group benefits, the company says. DigiAg is the sole managing general agency (MGA) with access to proprietary, field-centric datasets coming directly from broadacre… Read More
Farmers Edge announced today that it has reached an agreement to acquire CommoditAg, an online marketplace for high-quality agriculture products. The acquisition will allow Farmers Edge to significantly expand its roster of services by empowering farmers to purchase a wide range of agricultural products from trusted suppliers, while also advancing the company’s connected digital ecosystem strategy,… Read More
Farmers Edge has announced the general availability of its Smart Carbon program for certain agricultural markets in North America, helping farmers in North America create potential new carbon offsets. The program combines hardware, software, agronomy, and hands-on customer support to create a “connected acre” providing farmers and their advisors a 360-degree view of their carbon… Read More
Farmers Edge announced late April that it would offer Canada’a first canola heat blast yield protection product to its customers. The company will digitize the flow of insurance data from start to finish, and Munich Re will underwrite the contract. Heat blast happens when temperatures rise above 28 °C during the day, and above 16… Read More
Protein Industries Canada (PIC) is moving to the second phase of a partnership to improve traceability and marketing opportunities of Canadian plant-based food, feed, and ingredients. The projects will create a new platform to “enhance production practices and storage and marketing decisions,” combining storage technology with blockchain traceability. The $17.1 million project will be split between PIC… Read More
Farmers Edge is set to become a publicly-traded company as soon as next week, as the digital agriculture company founded in Pilot Mound, Manitoba, in 2005 has filed its final prospectus with Canadian securities regulators. The company says its initial share price is set at $17, with total proceeds projected at C$125 million. An over-allotment… Read More
Farmers Edge is preparing to become a publicly-traded company. The Canadian digital agriculture business, which was co-founded by CEO Wade Barnes at Pilot Mound, Man. 16 years ago, has submitted a preliminary prospectus with authorities in each Canadian province and territory, and received a receipt for an initial public offering. In the prospectus, the company estimates… Read More
Welcome back to the LIVE! segment, featuring an interactive 30+ minutes of the latest and greatest on any number of topics. To kick off this week’s line up, host Shaun Haney is joined by Shane Thomas, with Farmer’s Edge, to talk about all things precision ag adoption, venture cap investments, see-and-spray technology and much more…. Read More
A U.S. appeals court has upheld an earlier court ruling in favour of Farmobile in the legal battle with Farmers Edge over which precision agriculture company can use certain technology for gathering farm machinery data. On Monday, the 8th Circuit Court of Appeals sided with the founders of Kansas-based Farmobile, affirming a U.S. District Court… Read More