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Syngenta sales rise as farmers buy early

Firm’s initial public offering also said to be on track

By John Revill May 9, 2022

Reuters – Syngenta Group increased its first-quarter sales by 26 per cent as farmers bought seeds and sprays early to avoid possible shortages later in the year, the Swiss agrochemicals company which is planning a US$10-billion IPO said April 28. The results of the Chinese-owned group are seen as a bellwether for the broader agrochemicals

Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)

Crops

Italian court upholds veto against Syngenta purchase of seed producer

By GFM Network News, Reuters April 14, 2022

Rome | Reuters — An Italian administrative court ruled that a government veto of the purchase of seed producer Verisem by Chinese-owned Syngenta was valid, the agrochemicals giant said on Wednesday. Prime Minister Mario Draghi blocked the proposed takeover in October, the second time he used the special “golden power” rules to ward off an

Markets, News

Syngenta expects Ukraine harvest to fall

By Reuters April 8, 2022

Swiss agrochemicals group Syngenta expects crops output in Ukraine to slump substantially this year, it said March 31, as it announced fourth-quarter results. “We hope to be able to save around two-thirds of what would normally be possible,” a spokesperson said, referring to the Ukrainian crops harvest. “We definitely don’t expect a total failure.” The

Brazil’s farmers are poised to get assistance in order to plant a more resistant soybean seed variety that can thrive in degraded areas.

News

Syngenta picks Brazil’s ConnectFarm for project to recover degraded pasture land

By Ana Mano November 24, 2021

Reuters – Brazilian ag-tech company ConnectFarm has been selected by China’s Syngenta to participate in a project aimed at recovering at least one million hectares of degraded pasture land in Brazil over five years, the company said in a statement. ConnectFarm’s role in the project, announced by Syngenta and The Nature Conservancy in 2019, will

Montecitorio, house of italian parliament, Rome. Italy. Photo: masterlu/iStock/Getty Images Plus

Italy vetoes sale of seed producer to Chinese-owned Syngenta

By GFM Network News October 25, 2021

Rome | Reuters – Italy has prevented Chinese-owned group Syngenta from buying vegetable seed producer Verisem, government officials said, underscoring Prime Minister Mario Draghi’s commitment to shield key assets from unwanted foreign bids. The decision, made at a cabinet meeting on Oct. 19 but not yet made public, marks the first time Italy has vetoed

Markets, News

Soy growers criticize Brazil antitrust ruling

By Ana Mano August 25, 2021

Reuters – Brazilian soybean producers’ group Aprosoja, representing 240,000 farmers, has criticized federal antitrust agency CADE’s decision to clear a joint venture formed by rivals Bayer AG, Corteva and Syngenta. The joint venture (JV) was approved by CADE unconditionally in early August and offers a platform for the collection of royalties from genetically modified soybeans

Crops

Syngenta’s Shanghai IPO to fund growth, acquisitions

By GFM Network News July 3, 2021

Hong Kong/Zurich | Reuters — Syngenta Group will use the proceeds from its US$10 billion initial public offering (IPO) to fund internal growth and an acquisition spree to snare more of the $100 billion market for seeds and sprays, the agrichemical giant said on Friday. The company’s prospectus to list on Shanghai’s Nasdaq-style STAR Market

News

China seed industry seeks better laws to support innovation

Without protection measures on new products, investments will be scarce, sector says

By Reuters April 28, 2021

China’s seed regulations need to be overhauled to boost innovation and protect investment in new products, executives said recently, amid a renewed focus on the sector for its critical role in ensuring food security. China’s leadership has said in recent months the country needs a “turnaround” in its seed industry, which is plagued by counterfeit

Manitoba producers may be a bit leery of soybeans after three straight dry years,  but over time the crop will do well.

Crops, Oilseeds

Don’t let dry weather scare you off soybeans

Growers told the long-term outlook for the crop is still positive

By Ron Friesen November 25, 2020

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,

News

Syngenta buys biologics group Valagro

Syngenta expects the market for biologicals to double by 2025

By Reuters October 12, 2020

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

Daily Network News

Richardson back in the fold at canola council

ICE Weekly: Canola to stay elevated as war persists

Online hub gives farmers tools to prepare for crises like extreme weather, disease outbreaks

Tag Archives Syngenta

Syngenta sales rise as farmers buy early

Italian court upholds veto against Syngenta purchase of seed producer

Syngenta expects Ukraine harvest to fall

Syngenta picks Brazil’s ConnectFarm for project to recover degraded pasture land

Italy vetoes sale of seed producer to Chinese-owned Syngenta

Soy growers criticize Brazil antitrust ruling

Syngenta’s Shanghai IPO to fund growth, acquisitions

China seed industry seeks better laws to support innovation

Don’t let dry weather scare you off soybeans

Syngenta buys biologics group Valagro

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