GFM Network News


Ceres closes on option to buy Delmar Commodities

U.S. commodities firm Ceres Global Ag Corp. has exercised its option and closed its deal to buy Manitoba grain merchandising firm Delmar Commodities. Ceres announced Friday it has completed the deal to buy all of Delmar’s shares for about $15.25 million in cash and assume about $7.6 million in existing term debt. The Minneapolis firm […] Read more

Manitoba grain firm Delmar Commodities on the block

Delmar Commodities is set to be sold to Ceres Global Ag, an integrated commodity group with operations throughout North America. The Winkler, Man. grain, oilseed and processing firm was founded by Martin Harder in 1995 from castoff elevators during the grain sector’s consolidation push at the time. Harder left the firm in 2010, selling his […] Read more


Ceres lands tenant for Niagara-area grain elevator

A former Robin Hood flour mill repurposed as an export grain elevator in the Niagara region will devote the bulk of its capacity to a new tenant starting next summer. Minneapolis-based Ceres Global Ag Corp. announced Tuesday it has a new long-term storage and handling agreement in place with London Agricultural Commodities (LAC). The agreement […] Read more

Investors press meat producers to cut water pollution

Reuters — Forty-five large investors collectively managing C$1.6 trillion in assets are pressing some of the nation’s largest meat producers to set policies for reducing water pollution in their feeding, slaughtering and processing operations. The investors, who are members of sustainability non-profit advocate Ceres and the Interfaith Center on Corporate Responsibility (ICCR), sent letters to […] Read more