Business Archives - Page 2 of 51 - Manitoba Co-operator

ADM to acquire dairy flavour firm

By Tanay Dhumal January 4, 2024

Reuters – Global grains merchant Archer-Daniels-Midland said Dec. 18 that it will acquire American company Revela Foods, a Wisconsin-based developer and manufacturer of dairy flavour ingredients and solutions. The move will bolster the company’s flavours portfolio, ADM said. It has been diversifying its traditional grain handling business into flavours and nutrition foods over the years.

News

Brazil court overturns suspension of Canadian potash mine

Issue centres around Indigenous land claims in the area

By Anthony Boadle November 1, 2023

Reuters – A federal Brazilian appeals court has overturned an injunction suspending the licence for Canadian-owned firm Brazil Potash Corp. to build Latin America’s largest fertilizer mine in the Amazon rainforest. The Federal Regional Tribunal 1 ruled Oct. 17 that IPAAM, an Amazon state environmental agency, has the authority to issue the licence because there is no

News

Producers called to speak on Bunge-Viterra merger

Canada’s Competition Bureau is reviewing the deal, but some farm groups call for further government action

By Geralyn Wichers October 13, 2023

Producers who have something to say about the merger of Bunge and Viterra have been given a platform. The Manitoba Canola Growers Association is calling on its members to provide feedback on the deal. A survey has been launched by the group, based on questions from the Competition Bureau, the MCGA said in an Oct.

“We have not and will not build a terminal until all required permits are in place and we have consulted with local communities.” – Cargill.

News

Cargill faces Brazil criminal probe over Amazon port project

Investigation centres around whether land acquisition was proper

By Ana Mano October 13, 2023

Reuters – Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a Brazilian partner after they found “irregularities” in the acquisition of disputed land where the U.S. company plans to build a massive river port in the Amazon rainforest. A spokesperson for the federal prosecutors’ office in Brazil’s Para state said they opened

A Brandt manufacturing facility in Moose Jaw, Sask.

News

Brandt adds to New Zealand holdings

Deal brings North Island construction, forestry and ag equipment market under one umbrella

By Manitoba Co-operator Staff September 8, 2023

Saskatchewan equipment firm Brandt Group of Companies has added another arm to its international reach. The Regina-based manufacturer of grain handling and tillage equipment and John Deere distributor said Aug. 31 that it had acquired New Zealand equipment company Wairarapa Machinery Services Ltd. The acquired company is 100 kilometres northeast of the country’s capital, Wellington. The dealership will

HyLife’s new 47,462-square-foot headquarters in Steinbach, Man.

News

HyLife opens new Steinbach headquarters

Local dignitaries and HyLife Foods leaders cut the ribbon Aug. 25

By Manitoba Co-operator Staff September 7, 2023

HyLife celebrated the grand opening of its new, nearly 50,000-square-foot headquarters in Steinbach on Aug. 25. “This is more than a building; it is a new home and anchor for HyLife that we hope will become a community landmark,” said Grant Lazaruk, HyLife’s president and CEO, in an Aug. 28 news release. “After several years

News

Mosaic CEO to step down

By Sourasis Bose September 7, 2023

Reuters – Fertilizer maker Mosaic’s CEO, James O’Rourke, will step down from his position effective Dec. 31, ahead of his planned retirement next year, the company said Aug. 29. Shares of the top U.S. phosphate maker fell 1.7 per cent in extended trading. Bruce Bodine, Mosaic’s senior vice-president of North America, will take charge as

Prices for ag imports and services have soared during COVID and the Ukrainian war years.

Comment, Op/Ed

Comment: War is expensive both on and off the battlefield

However you describe it, war is expensive. For some, it’s extremely profitable, too

By Alan Guebert August 23, 2023

Union general William T. Sherman once famously said, “War is hell.” However you describe it, war is expensive. For some, it’s extremely profitable, too. Shooting wars aren’t the only type of warfare that are costly, deadly and often without a winner. In January 2022, the International Monetary Fund estimated the total cost of the COVID-19

News

Farmers Edge announces workforce cuts

The Manitoba-based digital agronomy firm has also closed its Australian operation, documents show

By Manitoba Co-operator Staff August 21, 2023

Farmers Edge has announced layoffs of 20 per cent of its workforce as the company continues to struggle financially. In an Aug. 10 news release, the Manitoba-based digital agriculture firm said it had “delivered on its previously commenced plan in the fall of 2022 to achieve $20 million in annualized cost savings.” This involved “realignment”

Mosaic’s K2 potash plant near Esterhazy, Sask. in 2015.

News

Mosaic restarts Canadian potash mine

By Rod Nickel, Sourasis Bose August 11, 2023

Reuters – Mosaic restarted a Canadian potash plant last month after idling it since December due to waning demand for the crop fertilizer. The company says it expects tight supplies through 2023. Mosaic restarted the Colonsay, Sask., mine to offset a short-term drop in potash production that was due to summer maintenance at the larger

Daily Network News

How we’re tracking avian flu’s toll on wildlife across North America

Case IH reveals new Optum tractor at Agritechnica 2025

B.C. ostriches culled, CFIA confirms

Tag Archives Business

ADM to acquire dairy flavour firm

Brazil court overturns suspension of Canadian potash mine

Producers called to speak on Bunge-Viterra merger

Cargill faces Brazil criminal probe over Amazon port project

Brandt adds to New Zealand holdings

HyLife opens new Steinbach headquarters

Mosaic CEO to step down

Comment: War is expensive both on and off the battlefield

Farmers Edge announces workforce cuts

Mosaic restarts Canadian potash mine

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