La Niña is wrapping up in spring 2023, possibly making way for El Niño which will change global weather patterns. Weather is always a hot topic in the agriculture industry so what do producers need to know about this upcoming shift? Art Douglas, a forecaster for Gavilon, joined RealAg’s Kara Oosterhuis at the Alberta Beef… Read More
Tag: Gavilon
Viterra has officially completed its acquisition of Nebraska-based Gavilon, giving the grain company with roots in Canada a much larger footprint in the U.S. As part of the stock purchase agreement, which was announced in January and closed on October 3, Viterra is paying Japan-based Marubeni US$1.125 billion, plus working capital and other adjustments, for… Read More
Viterra has announced a multi-billion dollar deal that would significantly expand the grain company’s presence in the U.S. and other parts of the world. The company says it has reached a stock purchase agreement with Japan-based Marubeni Corporation to acquire Gavilon for US$1.125 billion plus working capital. Gavilon is based in Omaha, Nebraska, and has… Read More
Viterra is expanding its grain handling network into the U.S. The Regina-based subsidiary of Glencore has acquired a 140,000 metric tonne grain handling facility from Gavilon Grain in Grand Forks, North Dakota — 125km south of the Canada-U.S. border down I-29. “We’re pleased to add this facility to our asset network, and to continue building our… Read More