GFM Network News


Viterra to buy ILTA Grain pulse processing plant

Creditor-protected Prairie pulse processor and exporter ILTA Grain is set to sell a next-to-new southern Saskatchewan facility to one of Canada’s biggest grain firms. Glencore Agriculture’s Viterra arm said Tuesday it has signed a purchase deal for the assets of ILTA’s processing facility at Belle Plaine, Sask., about 25 km east of Moose Jaw. Financial […] Read more

ILTA Grain escrow fund set up for unpaid farmers

Farmers who delivered to Prairie pulse and grain processor ILTA Grain but didn’t get paid before the company went into creditor protection are being asked to “immediately” get in touch with the Canadian Grain Commission. The CGC late Wednesday announced it has reached an agreement with the company’s court-appointed monitor for a new escrow account, […] Read more


Grain Commission suspends ILTA Grain’s licenses

Farmers owed money for grain delivered to ILTA Grain Inc. should call the Canadian Grain Commission (CGC). The CGC on Thursday suspended the Surrey, B.C.-based company’s grain dealer’s license and its primary grain elevator licenses for elevators at Belle Plaine and Saskatoon, Sask., Remi Gosselin, the CGC’s manager of corporate information services, said in an […] Read more

Pulse exporter ILTA Grain under creditor protection

Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more