GFM Network News

Ceres Global latest to build Canadian canola plant as oilseed demand spikes

The Prairies have already seen three major canola-crushing announcements earlier this year

Reuters – U.S. agriculture company Ceres Global Ag Corp. said May 25 it will build a $350-million canola-crushing facility near the U.S.-Canadian border in Northgate, Sask., the latest project to capitalize on surging oilseed demand. Canada is the biggest global producer and exporter of canola. Plans for North American refineries to produce renewable diesel, a