Kansas City-based Bartlett Grain Company has announced a plan to acquire Ceres Global Ag Corp. and take the publicly-traded grain company private in a deal worth US$140.1 million. Ceres is headquartered in Golden Valley, Minnesota, and operates facilities at 10 locations in Saskatchewan, Manitoba, North Dakota, and Minnesota, with 29 million bushels of storage capacity…. Read More
Tag: Ceres Global Ag
United Farmers of Alberta Cooperative Limited (UFA) has acquired all of Ceres Global Ag Corp.’s 17 per cent stake in Canterra Seeds. The share purchase agreement, dated July 2, 2024, is worth C$2,500,000 or approximately C$1.94 per Class A share in the Winnipeg, Manitoba-based seed company. “Today’s announcement marks an investment in western Canadian agriculture,”… 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
Ceres Global Ag Corp. has suspended plans to build a canola crush plant and refinery along the Canada-U.S. border at Northgate, Saskatchewan. The publicly-traded company says it has decided to halt the project “due to a variety of factors, including but not limited to, inflationary pressures resulting in higher costs than initially projected and shifting… Read More
Unlike biodiesel, renewable diesel is chemically the same as petroleum-derived diesel. That means, renewable diesel is a one-to-one swap out for diesel and is a low-carbon fuel option. That matters, especially as the Canadian government pushes for continued lowering of emissions and is providing incentives for biofuel, including renewable diesel. To explore how renewable diesel… Read More
The surge in canola processing that’s been announced for Saskatchewan over the last four months is expected to result in a more than 50 per cent increase in Canada’s domestic canola crush capacity, which could have major logistical and trade flow implications for crops grown on the Prairies. A record 10.3 million tonnes of canola… Read More
The rapid expansion in canola processing capacity on the Prairies continues, with the confirmation of another crush plant to be built beside the Canada-U.S. border in southeast Saskatchewan. Ceres Global Ag is planning to build a canola processing plant and refinery beside its existing terminal and international rail crossing southeast of Estevan, at Northgate, Sask…. Read More
Ceres Global Ag is expanding its presence north in Saskatchewan with a deal to acquire Cargill’s “Nicklen Siding” grain elevator and related assets, approximately 30 km north of Tisdale, Sask. With rail service from CN Rail and 13,100 metric tonnes of storage capacity, the Nicklen Siding location is Cargill’s smallest primary elevator in Saskatchewan, according… Read More
Western Canada’s soybean and corn seed industry is seeing some changes, as Delmar Commodities is dropping its Legend Seeds business and signing new distribution agreements with Sevita International Corporation and Horizon Seeds Canada Inc. Delmar will also be rebranding its Legend Seeds Canada trade name to “Ceres Global Seeds,” reflecting the name of the Minneapolis,… Read More
Ceres Global Ag plans to close its acquisition of Delmar Commodities, located at Winkler, Man., next month. Ceres currently operates in five locations including Duluth, Minneapolis, and Shakopee, MN, Northgate, Sask., and Port Colborne, Ont. Ceres president and CEO Robert Day says they believe the addition of Delmar’s grain assets is an important first step… Read More