A Richardson International Limited subsidiary, Richardson Oilseed (U.S.) Holdings Limited, has entered into a purchase agreement to acquire Italgrani USA Inc., the single largest durum miller in North America. Richardson says this purchase moves it towards its vision to diversify processing operations. As part of the deal, Richardson will acquire a milling facility in St…. Read More
Tag: Richardson International
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
Richardson International has announced a significant investment into its canola crush plant at Yorkton, Sask. The expansion will double processing capacity to 2.2 million metric tonnes per year, and include updates to existing infrastructure. When finished, the upgrades will include a high-speed shipping system with three 9,500-foot loop tracks, served by both major railways, and… Read More
Richardson Pioneer is planning to build a new grain elevator in western Manitoba, replacing the existing wood crib structure north of Swan River. The company says the project will begin this spring, with completion slated for August 2022. The elevator will feature 36,600 metric tonnes of storage capacity, a 150-car loop track design, high-speed receiving… Read More
One of Canada’s largest agriculture businesses has acquired one of the country’s largest trucking companies. James Richardson & Sons, Limited has purchased 100 per cent of the outstanding shares of Bison Transport Inc. from Wescan Capital Inc., as of January 1, 2021. Based at Winnipeg, Manitoba, Bison was founded in 1969 by Duncan Jessiman. The… Read More
Richardson has announced plans to build a new high throughput grain elevator at Huallen, Alta, with construction to be completed by fall of 2021. The Richardson Pioneer elevator — located 35 kilometres west of Grande Prairie — will have 45,000 metric tonnes storage capacity, with a loop track design capable of loading 150 cars. Following… Read More
Prime Minister Justin Trudeau last visited Winnipeg, Man., about a month ago for a funding announcement. According to his updated itinerary, he’ll be returning to the River City this week alongside Minister of International Trade Diversification, Jim Carr to meet with CEO and president of Richardson International, Curt Vossen. The meeting comes five days after… Read More
The Canadian government needs to start being honest with itself and farmers. Talking a tougher game would be a great start. China has hijacked the Canadian canola industry. Until someone proves to me otherwise I will continue to say that China’s cancellation of a major grain company’s export license is political. Pretending that this is… Read More
It was billed as an invitation to celebrate the coming into force of the Comprehensive and Progressive Agreement For Trans-Pacific Partnership (CPTPP), as Canadian Minister of International Trade Diversification Jim Carr made the final stop of a cross-Canada tour with trade commissioners from Global Affairs Canada at Saskatoon. The event was meant to convey a… Read More
There are a lot of anxious canola farmers in Canada at the moment – and with good reason. One of the most important export markets for Canadian canola has suspended imports from one of Canada’s largest and most storied grain companies, Richardson International. The most common feeling seems to be that it is just politics… Read More
Richardson International announced in 2018 it had made the decision to withdraw its funding and membership from the Canola Council of Canada. At the time, the withdrawal was not without controversy, and ultimately played a major role in the Canola Council of Canada making some structural changes in late 2018. With this week’s decision by… Read More
A representative from Richardson International says that this week’s revoked export license by China came after several weeks of complaints made by Chinese representatives regarding Canadian shipments of canola. While the complaints may have been made against more than just one company, its Richardson International now without the OK to ship to the economic super… Read More
There’s a great line up of guests for today’s RealAg Radio show and you’ll know that because host, Shaun Haney doesn’t even have time to talk about the cold weather in Canada. First up, news lead, Jessika Guse got the chance to interview the new Agriculture and Agri-Food Minister, Marie-Claude Bibeau. The pair discuss everything… Read More
It has been a tumultuous 48 hours for the Canadian canola industry. After news broke that China had pulled Richardson International’s approval to ship into the country, we learn today via Reuters that now China is claiming that they discovered “hazardous pests” in shipments from Richardsons. If we can all agree that this finding” is… Read More
The Canadian canola industry was dealt a serious blow this week, and as the dust settles, farmers and industry are wondering if this is could be the first volley in a impending trade war. Reuters is reporting China has canceled Richardson International Ltd.’s registration to ship canola to the country. This is according to documents obtained… Read More