CERES GLOBAL AG CORP. TRANSFERS WHOLESALE DISTRIBUTION OF SEED BUSINESS

Jun 28, 2023

Ceres Global Ag Corp. (TSX: CRP) ("Ceres" or the "Corporation") has announced that effective July 1, 2023, Ceres will transfer the distribution of Sevita branded soybeans in the western Canadian market to Sevita International ("Sevita") and will transfer the distribution of Horizon branded corn products to Horizon Seeds Canada Inc. ("Horizon").

"Over the past several years, the soybean and corn seed distribution industry has experienced significant consolidation," said Carlos Paz, President and CEO of Ceres. "By making strategic changes to our Seed segment, we are responding to these industry trends, enabling us to sharpen our focus on our core business and vision of enabling our customers to do great things."

Through Ceres' retail network, the Corporation will continue to work closely with Sevita and Horizon to deliver genetics for Manitoba soybean & corn growers. Ceres will also maintain its retail soybean and corn seed business in Beausejour, Jordan, and Gladstone. The Beausejour facility will continue to retail crop protection products.

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Video: Root Exudates, Soil Biology, and How Plants Recruit Microbes | Field Talk Friday

Field Talk Friday | Dr. John Murphy | Root Exudates, Soil Biology, and How Plants Recruit Microbes

Most of us spend our time managing what we can see above ground—plant height, leaf color, stand counts, and yield potential. But the deeper you dig into agronomy, the more you realize that some of the most important processes driving crop performance are happening just millimeters below the surface.

In this episode of Field Talk Friday, Dr. John Murphy continues the soil biology series by diving into one of the most fascinating topics in modern agronomy: root exudates and the role they play in shaping the microbial world around plant roots.

Roots are not passive structures simply pulling nutrients out of the soil. They are active participants in the underground ecosystem. Plants constantly release compounds into the soil—sugars, amino acids, organic acids, and other molecules—that act as both energy sources and signals for soil microbes.