Insights and Stories of Rod Nickel

Jul. 13, 2016 at 6:46 pm CDT

Reuters — Heavy rain and strong winds are likely to curb the potential for Western Canada’s crops, government officials said, but the harvest may still be bigger than average. Pockets across Saskatchewan, Canada’s biggest wheat- and canola-growing province, received as much as five inches of rain, strong winds and hail […]

By Rod Nickel

Jun. 17, 2016 at 2:56 pm CDT

Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi […]

By Rod Nickel

Jun. 8, 2016 at 4:26 pm CDT

Reuters — Agrium, North America’s largest retail seller of products for crop producers, could benefit if some of the biggest makers of seed and agricultural chemicals merge, CEO Chuck Magro said on Wednesday. Responding to a question during a company investor day in Toronto about how possible tie-ups of ChemChina […]

By Rod Nickel

Jun. 7, 2016 at 5:18 pm CDT

Winnipeg | Reuters — Canada is working on a plan to shore up its sheltered dairy industry, including measures to counter fast-rising imports of milk proteins from the U.S., according to the federal agriculture minister. Any new support risks widening a trade dispute among North America’s dairy farmers over $150 […]

By Rod Nickel

Jun. 2, 2016 at 6:27 pm CDT

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 […]

By Rod Nickel