Reading Time: 2 minutes London | Reuters — Swiss miner and trader Glencore and its partners are looking at options to expand their agricultural joint venture Viterra, including targeted bolt-on acquisitions in the Americas and Australia, two sources close to the matter said. The firm, formerly known as Glencore Agriculture, made the headlines in 2017 for a failed takeover […] Read more
Viterra seeking expansion in Americas, Australia, sources say
Viterra brand goes worldwide
Glencore Agriculture begins rebranding in most countries
Reading Time: 2 minutes Glencore Agriculture has officially taken the name of its Canadian subsidiary as its own worldwide. Glencore Agriculture, co-owned by commodity firm Glencore and two Canadian public-sector pension fund investment firms, announced Monday it has started to use the name Viterra — and a new brand, “Viterra: The Agriculture Network” — in most of the 37 […] Read more
Viterra to replace western Saskatchewan elevator
Grain firm going bigger at Biggar
Reading Time: < 1 minute Grain firm Viterra’s asset investment plan has moved onto Biggar things. Regina-based Viterra announced Monday it’s starting construction “immediately” on a new “state of the art” elevator about two km northeast of its current elevator at Biggar, Sask., about 90 km west of Saskatoon. The new concrete facility will have storage capacity of 34,000 tonnes […] Read more
‘Glencore Agriculture’ to adopt Viterra brand
Worldwide ag business to rebrand later this year
Reading Time: < 1 minute A trademark that Swiss commodity firm Glencore picked up when it bought its way into Prairie agriculture is about to become the global brand for its agribusiness offspring. David Mattiske, CEO of Glencore Agriculture, announced in a statement Wednesday the company will rebrand the business to Viterra in “late 2020.” The Viterra brand dates back […] Read more
Containerized crops may get stuck in Montreal port’s strike
Longshoremen on 'indefinite' strike as of Monday morning
Reading Time: 3 minutes Bulk grain traffic through the Port of Montreal isn’t expected to be affected by a longshoremen’s strike that began Monday morning, but eastbound containerized crops may be among the traffic put on hold. CUPE’s Syndicat des debardeurs Local 375, which represents about 1,150 longshoremen and longshorewomen at the port, served notice Friday that it would […] Read more
Viterra to build new elevator near Winnipeg
New Rosser terminal to have five times the capacity
Reading Time: < 1 minute Grain handler Viterra is set to replace a relatively small concrete elevator just northwest of Winnipeg with a new higher-throughput terminal. Glencore Agriculture’s Prairie grain arm said Thursday it will build a new high-throughput in the municipality of Rosser, Man., near the northwest corner of Winnipeg’s Perimeter Highway. The new site, connecting to Canadian Pacific […] Read more
That’s progress: Event rebrands as ‘Canada’s Farm Show’
Reading Time: < 1 minute One of Canada’s biggest annual trade shows is downsizing its brand to three words for 2020. Regina Exhibition Association Ltd. (REAL) announced Monday that Canada’s Farm Progress Show, running June 16 to 18 next year at Regina’s Evraz Place, will now be titled Canada’s Farm Show, with a “new visual identity.” “With the increase of […] Read more
Viterra to buy ILTA Grain pulse processing plant
Reading Time: 2 minutes 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
ICE weekly outlook: Canola hinges on iffy U.S.-China deal
Reading Time: 2 minutes 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
Reading Time: 2 minutes 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
A message from April Stewart, Country Guide's Associate Editor
