Miscellaneous http://southwestfarmpress.com/taxonomy/term/6141/more en Schnedier said to weigh sale of DTN http://southwestfarmpress.com/miscellaneous/schnedier-said-weigh-sale-dtn <div class="field-byline"> Matthew Monks, Ruth David and Aaron Kirchfeld, Bloomberg </div> <div class="node-body article-body">Power-equipment maker Schneider Electric SE is weighing a sale of DTN, an agriculture news and data service that could be worth as much as $1.5 billion, according to people familiar with the matter.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/schnedier-said-weigh-sale-dtn" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/schnedier-said-weigh-sale-dtn#comments Miscellaneous Tue, 23 Aug 2016 16:36:00 +0000 100871 at http://southwestfarmpress.com <p>Power-equipment maker Schneider Electric SE is weighing a sale of DTN, an agriculture news and data service that could be worth as much as $1.5 billion, according to people familiar with the matter.</p> Photo: moodboard/Thinkstock Bayer, Monsanto said to move closer to deal http://southwestfarmpress.com/miscellaneous/bayer-monsanto-said-move-closer-deal <div class="field-byline"> Jeffrey McCracken, Aaron Kirchfeld and Manuel Baigorri, Bloomberg </div> <div class="node-body article-body">Negotiations between Bayer AG and Monsanto Co. are advancing toward a deal after the companies made progress on issues including the purchase price and termination fee, people familiar with the matter said.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/bayer-monsanto-said-move-closer-deal" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/bayer-monsanto-said-move-closer-deal#comments Miscellaneous Tue, 23 Aug 2016 16:27:00 +0000 100861 at http://southwestfarmpress.com <p>Negotiations between Bayer AG and Monsanto Co. are advancing toward a deal after the companies made progress on issues including the purchase price and termination fee, people familiar with the matter said.</p> Photo: Jacob Ammentorp Lund/Thinkstock ChemChina clinches U.S. security nod for Syngenta purchase http://southwestfarmpress.com/miscellaneous/chemchina-clinches-us-security-nod-syngenta-purchase <div class="field-byline"> David McLaughlin, Bloomberg </div> <div class="node-body article-body">China National Chemical Corp. received approval from U.S. national security officials for its takeover of Swiss agrochemical and seeds company Syngenta AG, seen as the biggest regulatory hurdle that the $43 billion acquisition faces.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/chemchina-clinches-us-security-nod-syngenta-purchase" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/chemchina-clinches-us-security-nod-syngenta-purchase#comments Miscellaneous Mon, 22 Aug 2016 15:10:00 +0000 100821 at http://southwestfarmpress.com <p>The Committee on Foreign Investment in the U.S. has cleared the transaction, the companies said in a statement on Monday.</p> Photo: mindscanner/Thinkstock Monsanto's Climate Corp. unit to build farm-sensor network http://southwestfarmpress.com/miscellaneous/monsantos-climate-corp-unit-build-farm-sensor-network <div class="field-byline"> Simon Casey and Lydia Mulvany, Bloomberg </div> <div class="node-body article-body">Climate Corp., the technology unit of seed giant Monsanto Co., plans to create what it says will be the first network of in-field sensors to relay data on crop conditions back to farmers.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/monsantos-climate-corp-unit-build-farm-sensor-network" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/monsantos-climate-corp-unit-build-farm-sensor-network#comments Miscellaneous Wed, 17 Aug 2016 21:10:00 +0000 100721 at http://southwestfarmpress.com <p>Climate Corp.&rsquo;s software is offered on mobile devices, allowing farmers to assess crop conditions in real time.</p> Credit: givaga/Thinkstock DowDuPont deal faces in-depth probe in EU http://southwestfarmpress.com/miscellaneous/dowdupont-deal-faces-depth-probe-eu <div class="field-byline"> Stephanie Bodoni, Bloomberg </div> <div class="node-body article-body">Dow Chemical Co. and DuPont Co. face months of haggling with European Union antitrust regulators who opened an in-depth probe into the duo’s plans to create the world’s biggest chemicals company.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/dowdupont-deal-faces-depth-probe-eu" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/dowdupont-deal-faces-depth-probe-eu#comments Miscellaneous Thu, 11 Aug 2016 18:33:00 +0000 100651 at http://southwestfarmpress.com <p>The European Commission said Thursday it needs to further probe &ldquo;whether the deal may reduce competition in areas such as crop protection, seeds and certain petrochemicals.&rdquo;</p> Photo: PaulGrecaud/Thinkstock U.S. farmland prices drop http://southwestfarmpress.com/miscellaneous/us-farmland-prices-drop <div class="field-byline"> Alan Bjerga, Bloomberg </div> <div class="node-body article-body">U.S. farmland values this year dropped for only the second time since a 1980s farm crisis prompted a wave of foreclosures, drawing warnings of harder times ahead.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/us-farmland-prices-drop" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/us-farmland-prices-drop#comments Miscellaneous Mon, 08 Aug 2016 17:53:00 +0000 100581 at http://southwestfarmpress.com <p>Cropland declined 1% to $4,090 an acre, while pastureland was unchanged at $1,330 an acre.</p> Photo: AlinaMD/Thinkstock Agrium drops most since June after cutting 2016 profit outlook http://southwestfarmpress.com/miscellaneous/agrium-drops-most-june-after-cutting-2016-profit-outlook <div class="field-byline"> Jen Skerritt, Bloomberg </div> <div class="node-body article-body">Agrium Inc., the largest agricultural retailer to U.S. farmers, fell the most since June after the company cut its full-year profit forecast for a second time this year amid an agriculture slump that has dragged down prices for crop nutrients.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/agrium-drops-most-june-after-cutting-2016-profit-outlook" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/agrium-drops-most-june-after-cutting-2016-profit-outlook#comments Miscellaneous Fri, 05 Aug 2016 14:40:00 +0000 100511 at http://southwestfarmpress.com <p>Earnings in 2016 will be $5 to $5.30 a share, the Calgary-based company said Wednesday in a statement.</p> Photo: Duncan Smith/Thinkstock Bayer reported to be reviewing Monsanto's books as it mulls higher bid http://southwestfarmpress.com/miscellaneous/bayer-reported-be-reviewing-monsantos-books-it-mulls-higher-bid <div class="field-byline"> Manuel Baigorri, Aaron Kirchfeld and Dinesh Nair, Bloomberg </div> <div class="node-body article-body">Bayer AG is examining Monsanto Co.’s financial accounts, people familiar with the matter said, a crucial step that could pave the way for the German company to raise its $55 billion takeover offer for the U.S. agrochemicals giant.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/bayer-reported-be-reviewing-monsantos-books-it-mulls-higher-bid" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/bayer-reported-be-reviewing-monsantos-books-it-mulls-higher-bid#comments Miscellaneous Thu, 04 Aug 2016 20:22:00 +0000 100501 at http://southwestfarmpress.com <p>Bayer has signed confidentiality agreements to conduct due diligence on Monsanto, a process that is expected to last a few more weeks.</p> Photo: studiocasper/Thinkstock Brits vote against strawberries and cream with Brexit http://southwestfarmpress.com/miscellaneous/brits-vote-against-strawberries-and-cream-brexit <div class="field-byline"> Laura Wright, Bloomberg </div> <div class="node-body article-body">It’s a sign of labor shortages in U.K. agriculture that the English family farm which has fed Wimbledon tennis crowds with strawberries for more than 20 years translates job listings on its website into Romanian and Bulgarian.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/brits-vote-against-strawberries-and-cream-brexit" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/brits-vote-against-strawberries-and-cream-brexit#comments Miscellaneous Wed, 03 Aug 2016 20:05:00 +0000 100451 at http://southwestfarmpress.com <p>The prospect of reduced access to workers after Brexit puts new Prime Minister Theresa May in a quandary, seeking to balance growers&rsquo; needs against demands from citizens who voted to leave the EU to cut immigration.</p> Photo: m_pavlov/Thinkstock BASF, Bayer agrochemicals gloom adds urgency to push for deals http://southwestfarmpress.com/miscellaneous/basf-bayer-agrochemicals-gloom-adds-urgency-push-deals <div class="field-byline"> Sheenagh Matthews and Johannes Koch, Bloomberg </div> <div class="node-body article-body">BASF SE and Bayer AG cut the outlook for their agrochemicals businesses, adding to the urgency for global consolidation that’s swept the industry in recent months.</div> <p><a href="http://southwestfarmpress.com/miscellaneous/basf-bayer-agrochemicals-gloom-adds-urgency-push-deals" target="_blank">read more</a></p> http://southwestfarmpress.com/miscellaneous/basf-bayer-agrochemicals-gloom-adds-urgency-push-deals#comments Miscellaneous Wed, 27 Jul 2016 17:53:00 +0000 100321 at http://southwestfarmpress.com <p>BASF and Bayer reported earnings Wednesday that were weighed down by lower demand for the herbicides and pesticides made by their crop sciences divisions.</p> Photo: Duncan Smith/Thinkstock