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

The Chinese government has lifted restrictions on imports of canola from Canada’s two largest exporters that dated back to March 2019. Richardson and Viterra were banned from shipping canola seed to China more than three years ago. Both companies are listed as approved for exporting canola to China in a government document that was published… 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

Within the last month, three grain companies have announced plans to add nearly five million tonnes of canola crush capacity in Western Canada. Richardson first announced a doubling of production to 2.2 million tonnes per year at its Yorkton, Sask. site, then Cargill announced plans to build a new 1 million tonne plant at Regina,… Read More

Viterra has officially announced it will build a canola crushing facility at Regina, Sask. The company is currently in the feasibility stage of finalizing the plant’s capabilities and design, with an initial target to crush 2.5 million metric tonnes annually, which would make it the “world’s largest integrated canola crush facility,” according to the company. Viterra… Read More

Viterra has announced it is starting construction on a new grain elevator with a loop track at Biggar, Sask. “For the last several years, we have been making targeted investments across our asset network to ensure we’re aligned with our operating environment and able to provide the high level of service our customers expect from… Read More

Viterra has announced the construction of a new 34,000 metric tonne grain terminal at Rosser, Man., just northwest of the city of Winnipeg. The new facility will feature a loop track capable of loading up to 134 railcars, and will replace Viterra’s existing smaller elevator at Rosser. “We’re pleased to be renewing our commitment to… Read More

 

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