G3 Canada Building Port Terminal at Hamilton to Source Ontario Grain

(File photo)

G3 Canada — the grain company formed with Bunge and SALIC’s acquisition of the former Canadian Wheat Board — is building a new grain terminal in Hamilton to source grains and oilseeds from Ontario.

“Grain exports from southern Ontario have been increasing for some time now. We look forward to expanding our relationship with farmers in the province, and will work hard to establish G3 as the partner of choice in marketing their grain,” said G3 CEO Karl Gerrand in a statement on Tuesday morning.

Karl Gerrand, CEO of G3 Canada

Karl Gerrand, CEO of G3 Canada

The company says construction has started on the 50,000 metric tonne facility located at Pier 26 in the Port of Hamilton. The terminal will be used to load grain onto vessels headed to G3’s facilities on the St. Lawrence River, from where it will be shipped to export markets.

“We recognize time is valuable for our farmer partners, which is why this facility has been designed to get trucks in and out as fast as any competing terminal in Ontario,” Gerrand said. “Combined with G3’s existing facilities in Trois-Rivières and Quebec City, and our strong marketing connections, we believe G3 will present a very competitive new option for Ontario farmers.”

Construction at Hamilton is expected to be finished before the 2017 harvest.

G3 Canada, headquartered at the former CWB head office in Winnipeg, has also started the permitting process and engineering work for a new port facility at Vancouver, with reported capacity of 180,000 tonnes.

Related:

 

Kelvin Heppner

Kelvin Heppner is a field editor and radio host for RealAgriculture and RealAg Radio. He's been reporting on agriculture on the prairies and across Canada since 2008(ish). He farms with his family near Altona, Manitoba, and is on Twitter at @realag_kelvin. @realag_kelvin

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.