Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)

Saputo eyes Brazil for acquisitions

Reuters — Saputo Inc., one of Canada’s largest dairy producers, has an eye on Brazil for possible acquisitions, and could make deals worth as much as $3.5 billion, its CEO said Thursday. The struggling global dairy industry is fragmented, potentially yielding opportunities, Lino Saputo Jr. said. The company would like to buy cheesemaking plants in



Farmer in wheat field

Canadian wheat growers hit by subsidy effects

Advanced developing nations subsidize wheat growers, 
hurting farmers from exporting nations

Canadian farmers are among those being disadvantaged by wheat subsidies in advanced developing countries like China, India, Turkey and Brazil, according to two U.S. groups. The U.S. Wheat Associates and the U.S. National Association of Wheat Growers (NAWG) pegged the annual cost to Canadian farmers at about 249,000 tonnes in lost sales and $251.9 million

(Dave Bedard photo)

Global GMO area dips in 2015 in first-ever decline

Reuters — The world scaled back biotech crop planting for the first time ever in 2015, led by a decline in the U.S., which has fuelled rapid expansion of genetically modified crops since their commercial launch two decades ago, according to an annual report released Wednesday. The decline was blamed largely on lower crop plantings






(FarmersEdge.ca)

Major investment to build Farmers Edge’s data power

Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment


(JBSsa.com)

Brazil prosecutors charge JBS board chairman

Sao Paulo | Reuters –– Prosecutors charged Joesley Batista, chairman of Brazilian meatpacker JBS’s board and president of its controlling shareholder J+F Investimentos, and eight others with crimes against the financial system, sending shares of JBS SA down more than eight per cent on Tuesday. The statement from prosecutors said J+F Investimentos and another subsidiary