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Farmers Edge is a digital agronomy firm that offers services such as variable rate nutrition management and FarmCommand, a data management and analytics platform. Farmers Edge, founder and former CEO Wade Barnes, former chief financial officer David Patrick, Fairfax Financial Holdings and several financial underwriters are named in the suit asking for a combined total of $270 million in damages. | Screencap via farmersedge.ca
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Farmers Edge disputes merits of claim made by former investors

Proposed class action suite alleges investors received misleading information prior to the company's 2021 IPO

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Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder. Farmers Edge, founder and former CEO Wade Barnes, former chief financial officer David Patrick, Fairfax Financial Holdings and several financial underwriters are named in the suit asking for a combined total of $270 million in damages.
News

Farmers Edge announces workforce cuts

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

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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”
Wade Barnes is one of the founders of Ronin Agronomy.
News

Ousted Farmers Edge founder launches new company

Demand for precision nutrient management services will only grow: Barnes

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Wade Barnes and other former Farmers Edge brass are back in the business with an agronomy firm focusing on precision nutrient management. “I believe that you’re going to see a significant move towards this in agriculture in the next one to three years,” Barnes said. Why it matters: Wade Barnes has started another company after
Editorial: Carbon hype is not market reality
Editorial, Op/Ed, Other

Editorial: Carbon hype is not market reality

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It’s easy to understand why farmers want carbon credits to work. They want to be paid for the ecological goods and services they provide. On a more emotional level, it’s nice to be treated like heroes in times when farmers are sometimes painted as environmental villains. The public is increasingly focused on climate change and
“It’s unfortunate that any grower would have felt that it was a slam-dunk revenue stream.” – Amit Padhan, Farmers Edge.
News, Other

Tough carbon markets to blame for payment delays: Farmers Edge

There was a lot of optimism around agricultural carbon credits, but returns were never a “slam dunk,” the company says

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Farmers Edge says producers in its Smart Carbon offset program can’t get paid for their credits until those credits sell — and there aren’t a lot of willing buyers. “We have done a good job at serializing these offsets. Where we have not done a good job is selling them,” said Amit Pradhan, vice-president of
Barclay Uruski, who farms near Arborg, Man., says Farmers Edge promised his carbon credits would pay for their services and then some.
News, Other

Farmers urge caution on carbon credits 

Farmers say they were told carbon credits would cover subscription costs with a little extra but the reality fell far short

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[UPDATED: June 13, 2023] Several farmers from Manitoba and Saskatchewan say they are out thousands of dollars after subscribing to a carbon credit program offered by Farmers Edge. “We have not seen a dime,” said Barclay Uruski, who farms near Arborg, Man. Why it matters: Carbon credits have been touted as a way for farmers

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