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Agrimarketing : May 2008
10 AgriMarketing ¦ May 2008 Great American Insurance Group promotes Jim Muething to Pres of its AgriBusiness Insurance Division. He has been with the company since 2001. Agrium Inc. reaches an agreement with the Federal Trade Commission (FTC) on the terms of a consent decree which Agrium says it is opti- mistic will allow for the closing of the acquisition of UAP Holding Corp . It is undertaking the divestiture of up to seven retail centers (out of a total of approximately 370 stores) identified by the FTC staff as areas of concern. The consent decree would allow for the closing of the acquisi- tion prior to finalizing the divestiture of these outlets. The consent decree is subject to approval of the FTC Commissioners who will be review- ing the matter. Ceres, Inc. , Thousand Oaks, CA, will market its agricultural seed and traits under the trade name Blade Energy Crops in the U.S. Pres/CEO Richard Hamilton, says, “Blade will be the first multi- crop seed brand supplying the new market for non-food, low-carbon bio- fuel feedstocks. Seed supplies of the first products to be sold under the Blade name are currently being mul- tiplied for Spring 2009 planting. These include the nation’s first switchgrass cultivars developed specifically for biofuels, EG 1101 and EG 1102, as well as high-biomass types of sorghum.” Kemin AgriFoods North America , Des Moines, promotes Jeff Murphy to VP, Sales. He started with Kemin in 1998 and previously has been with Bioproducts, Inc., ADM and Feed Specialties Co. Kristi Krafka is promoted to VP, Regulatory Affairs, Quality Assur- ance and Quality Control. She has been with Kemin since 1996 and pre- viously with Ft. Dodge Animal Health . Bayer CropScience and Monsanto enter into an exclusive agreement on a new fungicide seed treatment for corn. The treatment, which is expected to be commercialized in conjunction with the launch of Monsanto’s SmartStax seed offering in 2010, will provide early-season protection against seedling diseases and insects. Under the agreement, Monsanto will have exclusive rights to com- mercialize it under its DEKALB and the regional brands of American Seeds Inc , as well as to license the product through its licensing busi- ness which serves more than 180 corn seed companies throughout North America. Plant Health Care, Inc. (PHC) , Pitts- burgh, PA, promotes Dr. Greg Lewis to VP, Corp Development. He will be responsible for acquiring new technologies, product develop- ment and regis- trations, together with testing and licensing activi- ties for PCH. Lewis was the key architect in PCH’s strategic partnering agree- ments with Bayer Crop Science and Monsanto. WSI , Andover, MA, a producer of weather-driven business applica- tions, introduces WSI AgTrader, a new, comprehensive, weather service for the global agricultural commodi- ties trading community. WSI AgTrader provides a single, online source for easy access to weather forecasts, real-time commen- taries, historical information and global model data coverage. For more information, go to www.wsi.com. Forward Research, Inc. , St. Louis, MO, joins the global Ipsos Group. The new entity will be known in the U.S. as Ipsos Forward Research and will merge its practice with Ipsos Reid’s Agribusiness , Food, and Ani- mal Health Division, a specialized service based in Guelph, ON and Winnipeg, MB. For more information, see page 54. AgCountry Farm Credit Services , Fargo, ND, names Bob Bahl Pres/ CEO, succeeding Eugene Smestad who retires after 31 years of service. Bahl had been Pres/CEO of Farm Credit Services of Grand Forks. As part of the merger process between FCS of Grand Forks and AgCountry FCS, Bahl was named COO of both organizations one year ago. Murphy Krafka Dr. Lewis Monsanto will invest up to $196 million over the next 18 months at its glyphosate manufacturing facility in Luling, LA, to increase its global capacity of Roundup and other glyphosate-based herbicides production. It also plans to build a new seed corn production facility near Independence, IA. The new facility is a significant part of a more than $230 million invest- ment by the company in that state. Monsanto presently operates two other seed corn production facilities in Iowa near the towns of Boone and Grinnell. In addition to building the new seed corn facility, the company is expanding these existing seed corn production facilities. It has also expanded its facility in Ankeny, IA, the company’s global hub for breeding research. It also announces plans to create a new center that will focus on tech- nologies, corn breeding and agronomic practices to address water manage- ment in crop production. The new center represents a $6 million investment that will expand the size and focus of the company’s current facility in Gothenburg, NE. The new center will be known as the Monsanto Water Utilization Learning Center. The site will offer a first-hand opportunity to view water- use efficiency technologies such as drought-tolerant crops and other approaches, including seeds and agronomic practices that can aid in water management.
May 2008 Supplement
Canadian Agribusiness Employer Guide 08