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Agrimarketing : January February 2013
8 Agri Marketing January/February 2013 Valent BioSciences Corporation (VBC) acquires Pace Int'l. Previously VBC owned 25% of the company. Headquartered in Seattle, WA, Pace specializes in the development and commercialization of coatings, sanitizers, and postharvest disease management products. Roberto Carpentier, VP, Sls & Mktg is named Exec VP/COO. Koch Industries' Fertilizer Division acquires Farmers Plant Food, Garretson, SD, a privately-held fertilizer manufacturer and distributor. Koch Industries also announces expansion of its Wichita, KS, office. The expansion includes construction of a 210,000-sq.-ft. office building that will accommodate 745 employees. Dr. Karen Padgett joins Ceva Animal Health as COO. She had been Nat'l Sls Dir for Hill's Pet Nutrition. Dale Kanning is named GreenLeaf Marketing Lead. He has been with Syngenta, its parent company since 1998, holding various positions within its legacy companies. Jean-Marc Dardier joins the Makhteshim Agan Group as Head of Global Mktg. He had been with Syngenta and has been with Symrise and Givaudan USA. Bayer CropScience and North Carolina State University announce the Bayer CropScience Graduate Fellowship in Plant Pathology. Through the fellowship, a graduate fellow will work closely with adjunct faculty member, Dr. Mike Schwarz, Senior Product and Crop Devlpmnt Mgr, Bayer CropScience. ProPartners Financial (PPF) relocates its headquarters to 8550 Hudson Blvd. North, Lake Elmo, MN.PPF, which provides services to crop input suppliers who offer financing to their customers, merged with the Northwest Farm Credit Services Dealer Financial Services unit Sept. 1, 2012. PPF is owned by ten Farm Credit System associations with $36 billion in combined assets. It is expected that PPF will provide nearly $2 billion in loan commitments to the customers of crop input dealers across the country in 2013. An Iowa State University Extension annual land price survey shows a 24% increase to an average of $8,296 per acre in Iowa, another record. Stephanie Russell is promoted to Mktg Comms Mgr at SFP. She had been Mktg Coordinator for the company and has been with RFD-TV. Peter Bratney is appointed CEO of Bratney Companies, an equipment, design and construction firm for the seed and feed industries. He succeeds his father, Paul Bratney, who will retire his position as Chmn of the company after 35 years. Peter will be the third generation of the Bratney family to lead the company since its founding in 1964. Wilbur-Ellis Company announces promotions: Troy Johnson to VP, Midwest Ops; Michael Wilbur to Nat'l Dir of Ag Technology and David Ferrell to Nat'l Dir of Seed Technology. Marty Cook joins Versatile as Dir of Sls. He had been with a precision agriculture company. GfK's Animal and Crop Health division acquires the Global Seed Market Database (GSMD) and Global Seed Sector Out- looks (GSSO) from Context Net- work. GfK reports, "As the needs for business intelligence evolve from tracking crop input markets to monitoring and forecasting emerging crop management solutions, this asset integration MARKETING NEWS Daily Updates on www.AgriMarketing.com AG COMPANIES' STOCK UP 2X ABOVE S&P 500'S GAIN The portfolio of stocks organized by Agri Marketing magazine was up an average of 26% for the year. This was more than twice the S&P's gain of 13%. (Dow Jones was up 7% and NASDAQ, up 16%.) The Agri Marketing portfolio is comprised of 27 companies who have significant agricultural interests. Since its inception on Jan. 1, 2006, the Agri Marketing portfolio has gained 135% compared to the S&P 500's gain of 10%. The year 's five biggest gainers were: 1. American Vanguard (crop protection) ... +135% 2. MWI Veterinary Supply ... +66% 3. Valmont (irrigation) ... +51% 4. Bayer (crop protection, seed, animal health) ... +50% 5. Agrium (plant nutrients, crop input retailer) ... +50% Those companies posting losses were: Intrepid Potash ... (3%) ADM (grain processing, feed) ... (2%) Other notables: AGCO ... +14% CF Industries ... +41% CNH Global ... +40% John Deere ... +14% Dow Chemical ... +17% DuPont ... +2% Eli Lilly ... +23% FMC ... +40% Lindsay Corp ... +47% Monsanto ... +37% Syngenta ... +40% Kanning Cook
Marketing Services Guide 2013