
Tag Archives Syngenta

Don’t let dry weather scare you off soybeans
Growers told the long-term outlook for the crop is still positive
Three straight dry summers shouldn’t dissuade Manitoba producers from growing soybeans, despite a sharp drop in acreage during that time, an industry official says. The long-term outlook for soybeans in Manitoba is still positive, even though the province’s seeded acreage in 2020 was less than half the peak reached three years ago, said Bryce Rampton,
Syngenta buys biologics group Valagro
Syngenta expects the market for biologicals to double by 2025
Syngenta, the Swiss agrichemicals giant owned by ChemChina, has acquired Italian biologicals group Valagro, a company with US$175 million in 2019 sales that uses natural solutions to fight pests and diseases and to improve crops. Syngenta said in a statement Oct. 6 the acquisition positioned its crop protection business as a key player in the

Syngenta buys biologics group Valagro
Zurich | Reuters — Syngenta, the Swiss agrichemicals giant owned by ChemChina, has acquired Italian biologicals group Valagro, a company with US$175 million in 2019 sales that uses natural solutions to fight pests and diseases and to improve crops. Syngenta said in a statement Tuesday the acquisition positioned its crop protection business as a key

Syngenta says IPO ‘on track’
Ag chem firm books higher first-half profit
Zurich | Reuters — Agricultural chemical maker Syngenta posted higher first-half profit and sales on Thursday, helped by maintaining supplies to farmers and controlling costs during the coronavirus outbreak, and said it was on track to complete its public listing by mid-2022. The Swiss company, bought by state-owned ChemChina for $43 billion in 2017, posted

Industry leaders weigh in on seed royalty review
'Other markets... have already moved past this'
Syngenta’s Trevor Heck isn’t choosing a route for collecting seed royalty rates — but says the federal government needs to “move forward on some type of value capture” model. “Right now, you know, if we don’t have that within the seed industry, it’s going to be very difficult to be able to get the level

Syngenta owner ChemChina to merge ag assets with Sinochem’s
Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current CEO of Shenzhen-listed crop protection company Adama, which will also be incorporated into the new group, will be nominated chief financial officer of the

Year in review: Cereal royalty discussions expected to resume soon
Seed industry had hoped issue would be settled by now
Prairie farmers will be talking about cereal royalties again this year. When public discussions on collecting more royalties from farmers to help fund new cereal varieties started in November 2018 the federal government targeted the spring of 2019 to report on farmer feedback on the seed industry’s two proposed options. But farmer opposition to both

Syngenta pulling out of cereal crop breeding Canada
The decision comes as royalty discussions start to heat up
Syngenta’s decision to scrap its Canadian wheat-breeding program is a wake-up call, industry officials warn. Canada needs an improved royalty system to reward wheat breeders for new varieties or more private breeders could pull out, according to some, while others say it’s critical public breeders are well funded in case they do. But a recent

Syngenta to halt Canadian cereal development operations
Seed and ag chem giant Syngenta plans to wrap up a decade of cereal seed research and development work in Canada by the end of the year. The company announced Wednesday it will discontinue its Canadian cereal seed research and development program effective at the end of calendar 2019, affecting five Syngenta Canada staff positions.

Chinese envoy says Syngenta takeover was a bad deal
Zurich | Reuters — Beijing’s ambassador to Switzerland said ChemChina’s US$43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a newspaper reported in an interview on Saturday. “If I had been the ambassador a
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