by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Agrimarketing : October 2007
12 AgriMarketing October 2007 Fort Dodge Animal Health Pres To m Corcoran is named the recipi- ent of the 2007 Animal Pharm Lifetime Achievement Award. The award rec- ognizes the remarkable achievements of individuals and organizations working in the industry. New York-based asset manager Va n Eck Global launches Market Vec- tors-Agribusiness ETF (MOO), a new exchange-traded fund (ETF) listed on the American Stock Exchange (Amex). MOO seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal Agribusiness Index (DXAG), a basket of the securities of 40 agribusinesses listed on global exchanges. As of August 31, 2007, DXAG returned approximately 40.3% and 35.4 % over three- and five-years, respectively. Companies in DXAG predominantly derive at least 50% of their revenue from agribusiness. AGCO purchases Industria Agricola Fortaleza Limitada (SFIL), a Brazil- ian provider of farm implements. whose 2007 sales are approximately $35 million. The company also announces the formation of AGCO Advanced Tech- nology Solutions. Based in the Duluth, GA, headquarters of AGCO, the new group will develop and incorporate the latest advanced tech- nologies into all AGCO machinery. CHS Inc. and Land O'Lakes, Inc. (LOL) complete the repositioning of two of their Agriliance LLC joint venture businesses. The Agriliance crop protection products business has been trans- ferred to Land O'Lakes and the Agriliance wholesale crop nutrients business has been transferred to CHS. LOL says the crop protection products business, led by Rod Schroeder, will be housed in a wholly owned subsidiary, Winfield Solutions, LLC, and will be closely aligned with the Land O'Lakes Seed division. The two businesses will leverage combined technical and marketing expertise in the imple- mentation of a collaborative go-to- market strategy under a new Win- Field Solutions market identity. CHS will integrate the crop nutri- ents business, under the leadership of Cheryl Schmura, into its Ag Busi- ness segment, which also includes grain and local retail operations. It will provide retailers and producers with primary crop nutrients (nitro- gen, phosphorus and potassium). Its supply network includes a deep- water port at Galveston, TX, facilities at Memphis, TN, and 130 crop nutri- ents terminals. Last summer, the two companies announced they were in exclusive negotiations exploring the sale of The Agronomy Company of Corcoran
November December 2006
November December 2007