Glencore Completes the Viterra Deal for 6.1 Billion

Written by

Categories
Industry Issues, Western Canada

Well it official….Viterra has been sold. TheGlobe and Mail is reporting this morning that Glencore has purchased Viterra for 6.1 billion. Agrium (CPS) take the majority of the agri retail spots while Richardson’s has acquired a quarter of the grain handling assets.

More to come as the story develops.

 

Shaun Haney

Shaun Haney is the founder of RealAgriculture.com. He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4:30 PM est. @shaunhaney

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.