The union representing employees who work at Viterra’s elevators in Saskatchewan and at the grain company’s head office in Regina is planning to make a decision in early January on whether to move ahead with strike action. Members of the Grain and General Services Union (GSU) Local 1 (Viterra Country Operations and Maintenance) and Local… Read More

Transport Canada has launched public consultations on Bunge’s proposed US$8.1 billion acquisition of Viterra. Transport Minister Pablo Rodriguez decided in September that the combination of the two grain companies warranted a review under the Canada Transportation Act regarding the impact it could have on Canada’s transportation system. Both Viterra and Bunge hold ownership interest in… Read More

Four Saskatchewan farm groups are urging the Saskatchewan government to conduct a thorough risk assessment of Bunge’s proposed $8.1 billion acquisition of Viterra. The leaders of the Agricultural Producers Association of Saskatchewan, SaskCanola, Sask Wheat, and SaskBarley have written a letter to Agriculture Minister David Marit calling for a review of the multinational grain handler… Read More

Canada’s transport minister says Bunge’s US$8.1 billion deal to acquire Viterra will face additional scrutiny to ensure fair competition at Canadian ports. In addition to the ongoing review by Canada’s Competition Bureau, Transport Minister Pablo Rodriguez announced the proposed acquisition will be subject to a public interest assessment under the federal Transportation Act. “Given this… Read More

Consolidation is a fact of life in the agricultural industry, and there have been waves of it over time. In 2023, one of the biggest potential mergers has been the combination of Bunge and Viterra, which will have impacts on the grain procurement, handling, and processing sectors. Of course, another major stakeholder potentially impacted are… Read More

There has been a tremendous amount of fanfare and anticipation regarding the intended expansion of canola crushing capacity on the Canadian Prairies, driven mainly by expected demand for renewable diesel across North America. Companies such as Cargill, Richardson, Federated Co-op, Viterra, Bunge, and Ceres Global Ag have all jumped into the fray, announcing hundreds of… Read More

Bunge’s acquisition of Viterra is expected to require regulatory clearance in at least 29 countries, according to documents filed by the company with the U.S. Securities and Exchange Commission (SEC) last week. The 547-page preliminary proxy statement includes new details on how the deal was reached, and how Bunge expects it will proceed. The list… Read More

Bunge and Viterra have reached an agreement that would see the two global agribusinesses unite under the Bunge name. Bunge and Glencore — which owns 50 per cent of Viterra — announced the cash and stock transaction early Tuesday (June 13.) The deal values Viterra at approximately US$8.1 billion, and would see Glencore receive approximately… Read More

American grain giant Bunge and Viterra, owned by Switzerland’s Glencore, are reportedly in talks to become one super grain company. In a reversal of a few years ago, this time it appears it is Bunge setting out to take on Viterra to create a company that would have extensive assets in nearly every grain type… Read More

Corteva, Bunge, and Chevron have partnered on a commercial collaboration to introduce proprietary winter canola hybrids for the U.S. market. The collaboration is focused increasing the availability of vegetable oil feedstocks primarily for the growing domestic renewable fuels market. “We’re pleased to work with Bunge and Chevron to bring a new option in the southern U.S…. Read More

Bunge Limited is investing C$30 million in a plant-based protein production facility that’s under construction in Winnipeg, Manitoba. The multinational agribusiness is acquiring a minority stake in Merit Functional Foods, which is slated to begin producing novel pea and canola protein ingredients for human consumption at its new plant by December of this year. “We’re… Read More

Global commodity giant Glencore — the majority owner of Regina-based grain company Viterra — is looking to expand its agriculture business, and has approached Bunge about a possible takeover. In a statement on Tuesday, Glencore confirmed it has “made an informal approach to Bunge Limited regarding a possible consensual business combination.” Glencore notes “discussions may… Read More

 

Register for a RealAgriculture account to manage your Shortcut menu instead of the default.

Register