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Agrimarketing : June 2008
Limagrain announces a new structure for its Vegetable Seed Operations. As part of this new structure, Harris Moran , Modesto, CA, will develop close operational links with Clause , Valence, France, and the company’s Asian unit Marco Polo, with the goal of the three companies to align their global operations around an enlarged and fully con- solidated R&D effort. With over $200 million in seed sales, the newly created business unit (BU) will rank in the top five of the global vegetable seed industry, breeding 23 different species on five continents. Matthew Johnston becomes Pres/COO of Harris Moran as well as Deputy CEO of the BU, reporting to Bruno Carette , CEO. Maurice Smith, previously Pres/COO of Harris Moran will take over another assign- ment within Groupe LIMAGRAIN. Jack Metzelaar , presently VP/Sls & Mktg for Harris Moran will relocate to Valence to take the position of Head of Sales for the BU. He will be replaced at Harris Moran by Dan Bailey , Dir of U.S. & Canada Sls and Andre Cariou VP, Int’l Sls. BASF reports the drought-tolerant corn seed it is developing with Monsanto Co. will be commercial- ized in 2012 and available for plant- ing the following year. The company says the trait will limit yield reduc- tion from drought by as much as 30%. It plans to license the technolo- gy to seed companies. DuPont and Rotam enter into a patent non-assertion agreement indicating DuPont will not pursue patent infringement litigation against Rotam with respect to any manufacture, marketing and sale of a monohydrate form of nicosul- furon in the U.S. This agreement, which included a negotiated fee from Rotam in return for the non-assertion grant, represents part of an ongoing DuPont program to protect its intellectual property rights, the company says. Standard & Poor launches the first index to offer exposure to both equi- ties and commodities across the entire agribusiness industry. Named the S&P Global Agribusiness Composite Index , it incorporates the new S&P Global Agribusiness Index and the existing S&P GSCI Agriculture and Livestock Index, which is a subset of the S&P GSCI designed to provide liquid exposure to the agriculture and live- stock commodities markets through futures contracts. Steven Goldin , VP/Portfolio Svcs for S&P says, “The new Index pro- vides complete exposure to the global agribusiness industry by combining the downstream exposure offered by equities, with the upstream exposure available through commodities. This composite model provides lower volatility for investors and capitalizes on S&P’s strengths in both markets.“ Martin Petersen joins Cheminova, Inc., Wayne, NJ, as Pres/CEO and as Pres of its ANZAC region. He has pre- viously been with Bayer, American Cyanamid and Gowan . Burrus Hybrids acquires Hoblit Seed Company , Atlanta, IL. Hoblit will continue to produce seed corn and soybeans. Burrus deal- ers may distribute Hoblit soybeans in a defined area. Management and most Hoblit sales staff will be retained, and the Atlanta plant will remain open. Tom Burrus , Pres, says, “Hoblit growers will see new seed treatment options, more advertising support, and an even more extensive product line up.” AM we mean BUSINESS With the industry’s largest newsroom, DTN and The Progressive Farmer provide the best ag content, which results in higher sustained readership and perceived value of advertisers’ products and services. DTN and The Progressive Farmer also provide the must-have content that helps producers farm smarter. With the combined, best-in-the-business editorial teams of DTN and The Progressive Farmer, we produce the strongest magazine in agriculture — reaching 170,000 large producers. In fact, we deliver more ag content than competing magazines — from the biggest team in the business. Contact us today: 1.800.406.8992 (L to R): Cariou, Carette and Johnston Petersen
July August 2008
Canadian Agribusiness Employer Guide 08