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
The news Precision ag company Farmers Edge and ag retail and grain handling company Richardson Pioneer Limited have announced a multi-year partnership that will “distribute digital precision technology to growers served by over 90 retail locations across Western Canada.” The two Manitoba-based companies will “work together to deliver state-of-the-art digital agriculture products for retail and… Read More
It’s the second week of November which usually means Agri-trade is up and running in Red Deer, Alberta! RealAg Radio host Shaun Haney is at the show and for today, and hosts the radio show live from the Farmers Edge booth. For today’s line-up, Shaun starts off with how the outcome of the U.S. midterms… Read More
Farmers Edge and Global Ag Risk Solutions (Global Ag) have announced a “strategic alignment” that will see the companies offer a unique option for crop insurance. Mutual customers of Farmers Edge and Global Ag, in both Canada and the U.S., will have access to new options and services, including customized insurance products and Farmers Edge… Read More
A U.S. District Court in Nebraska has ruled in favour of Farmers Edge in a counterclaim case launched by Farmobile — the latest development in a legal dispute between the two agtech companies. Back in May, the court dismissed Farmers Edge’s claims in a trade secrets lawsuit against Farmobile related to technology used for gathering… Read More
Crop conditions across Western Canada are quite variable based on sporadic moisture. Even just field to field, the conditions can be so different that farmers and agronomists are facing some really challenging decision making situations. When conditions like drought set in, it can be easy to make assumptions on what is or not happening in… Read More
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