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
Viterra to buy ILTA Grain pulse processing plant
Alberta reps to help chart Cigi course
Reading Time: < 1 minute Kevin Bender’s term as board chair of the Canadian International Grains Institute has ended but Alberta Wheat vice-chair Hannah Konschuh has been elected to the executive as secretary. The organization (which provides market development and technical support for Canadian wheat and other crops) is at a critical juncture as it works on details for a […] Read more
Long-running growing project finds land at last moment
Reading Time: 2 minutes It was a close call, but one of the country’s longest-running Canadian Foodgrains Bank growing projects has successfully seeded its 24th crop. “We did not secure this 70 acres until May 6, which is very late,” Doug Maas, a member of the Central Alberta Growing Project committee, said in an email. “Our committee was looking […] Read more
ICE weekly outlook: Canola hinges on iffy U.S.-China deal
MarketsFarm — Canola contracts one the ICE Futures platform held within a narrow range during the week ended Wednesday, waiting for a catalyst to push futures one way or the other. To Errol Anderson of ProMarket Communications in Calgary, canola’s path is connected to a trade deal between the U.S. and China, which be a […] Read more
Canada takes tougher line with China over canola ban, demands evidence
Ottawa | Reuters — Canada on Thursday took a notably tougher line with China over its ban on Canadian imports of canola seed, saying Beijing had provided no scientific evidence to justify the move and was hurting its own reputation. China, citing the discovery of pests, expanded its ban on canola seed imports on Tuesday […] Read more
ICE weekly outlook: China’s canola issues already well known
MarketsFarm — To some who follow commodities markets, it was clear some other participants had overreacted to the news of China banning canola imports from Viterra. Bruce Burnett of MarketsFarm was one of those who saw Canadian exports of canola to China have pretty much dried up since January. That came a few weeks after […] Read more
China’s ban on Canadian canola expands to Viterra
Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month. […] Read more
Viterra buys up all of North Dakota grain terminal
Viterra has bought up the other half of a U.S. joint-venture grain terminal the company helped build in its SaskPool days. The Regina-based grain handling arm of commodity firm Glencore announced Thursday it has closed a deal to buy U.S. food processor General Mills’ 50 per cent stake in the two companies’ grain terminal at […] Read more
Viterra offers up 24/7 online grain contracting
Prairie grain growers doing business with Glencore Agriculture’s Viterra arm can now create their own grain contracts with the company anytime online. In what it describes as the “first and only full range” of online contracting options for farmers in Western Canada, Viterra launched its new system on its myViterra platform in December. A Prairie […] Read more
Viterra closes deal for Gardiner Dam Terminal
Central Saskatchewan’s Gardiner Dam Terminal is expected to go full Viterra within months, now that the Regina grain firm has completed its deal for full control of the facility. Shareholders in GDT voted Dec. 13 in favour of the deal announced last month in which Viterra buys the half of GDT it doesn’t already own […] Read more
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