SASKATOON, SASKATCHEWAN, CANADA – Cargill plans to purchase southeastern Saskatchewan crop inputs retailer Precision Ag.
The business will continue to operate as Precision Ag, based in Griffin, Saskatchewan and there will be no changes for its 23 employees or at its four locations in Griffin, Odessa, Carlyle and Carnduff. Precision Ag’s leadership team will stay in their current roles for the next three years to help transition the business.
“We look forward to carrying on Precision Ag’s legacy of outstanding service and building on the expertise and trust our long-term partnership represents,” said Blaine Duncan, regional commercial leader for Cargill. “As a global ag leader, we are strategically positioned to advance Precision Ag’s business model in such dynamic market conditions. We are honored the Precision Ag leadership team turned to Cargill to lead the next chapter of this business.”
Precision Ag is a crop inputs-focused business that was founded in 1994 and has operated as a 50/50 joint venture with Cargill for 22 years. The business offers crop nutrition, crop protection and seed, which it sells to farms representing approximately 600,000 acres.
“As we thought about our most strategic succession plan, we quickly agreed that selling to Cargill was the best decision given our shared values and interest in providing quality crop input services to farmers throughout Western Canada,” said Jay Gerry, general manager of Precision Ag. “We are excited for our employees and customers as they will continue to receive the very best this long-term partnership represents, as well as the world-class professional services and resources Cargill brings to the future of our business.”