Bunge is buying Viterra in a deal valued at approximately $18 billion to create a global agricultural giant. Viterra shareholders will receive about 65.6 million shares of Bunge stock, valued at approximately $6.2 billion and about $2 billion in cash. Bunge will assume $9.8 billion of Viterra debt. Bunge’s grain and softseed handling capacity will…
Bunge to Buy Viterra in $18 Billion Deal That Would Create an Agricultural Powerhouse
ANALYSIS: Beijing Conducts Training for Village Officials Nationwide as Rural Conflicts Intensify
China’s ruling Chinese Communist Party (CCP) recently conducted a rare training session for village officials nationwide. Experts have suggested the move would be part of the CCP’s attempts to address its power crisis resulting from intensified conflicts in rural areas. The large-scale simultaneous training courses, jointly organized by the Central Committee and the Party School,…
Canada Has a Food Affordability Problem
Commentary Did you know that there is a global food security index? The well-known magazine The Economist has just published its 11th edition. The Global Food Security Index comprises a set of indices from more than 120 different countries. Since 2012, the index has been based on four main pillars: food access, safety, sustainable development,…
Sylvain Charlebois: Canada Has a Food Affordability Problem
Commentary Did you know that there is a global food security index? The well-known magazine The Economist has just published its 11th edition. The Global Food Security Index comprises a set of indices from more than 120 different countries. Since 2012, the index has been based on four main pillars: food access, safety, sustainable development,…
Chinese Investment in US Farmland Prompts Pushback
News Analysis China’s involvement in the U.S. agricultural sector is under greater scrutiny, with politicians sounding the alarm about economic and national security risks stemming from Chinese purchases of prized American farmland. Late last month, Rep. Dan Newhouse (R-Wash.) introduced legislation that would ban the purchase of agricultural land, including ranches, in the United States…
US Officials Attend Agricultural Event With China Ties; Europe’s China Problem With Peter Rough
China seeks to influence American agriculture. A roundtable hosted U.S. officials and has ties to China and Bill Gates. We break down what is going on in the heartland of America. I then speak with Peter Rough on the state of Europe-China relations. Following a virtual meeting between the European leaders and Chinese leader Xi…
Australia Warns About Biosecurity Risks From Chinese Lunar New Year Gifts
With the Lunar New Year, only weeks away on Feb. 1, the Australian Minister for Agriculture David Littleproud has reminded Australians to ensure that gifts sent or brought to Australia from overseas do not pose a biosecurity risk. Littleproud said gifts could contain pests and diseases that can seriously impact the nation’s environment, agriculture, and tourism…
Evacuation Alerts, Highway Closures as More Rain Hammers Southern BC
VICTORIA—Southern British Columbians braced for another severe storm Saturday, with a new set of evacuation alerts issued and officials in an already devastated agricultural community warning of another possible river overflow. Abbotsford Mayor Henry Braun told a news conference Saturday that the city has done everything it can with provincial and federal support to prepare,…
Brazil: Traveling Conquered Lands
Brazil is a giant that’s too often reduced to its wild samba, its magical football, and its endless beaches. But behind this fantasy lurks an economic colossus and agricultural titan, a force of the future that is already playing a major role in this burgeoning 21st century. To get a better look at this country,…
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