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Viterra Outlines Structure Along Three Business Lines

TORONTO/REUTERS

Viterra Inc. outlined Aug. 8 a global organizational structure around three business lines – grain, processing and other agricultural products – and named senior executives to head each unit.

The Canadian agribusiness company, which has expanded recently in Australia and New Zealand, said the moves would support growth and improve internal efficiencies.

Fran Malecha, who had been chief operating officer for all three units, will now focus on the grain business, which includes merchandising, logistics, global commodity trading and other aspects of the operation.

Doug Wonnacott will serve as COO for agri-products, which includes seed, crop protection products, fertilizer, equipment and other items. Wonnacott was earlier senior vice-president of the agriproducts unit.

Calgary, Alberta-based Viterra named Karl Gerrand as the COO of its processing business, which oversees wheat and oat milling, oilseed crushing and feed manufacturing.

Rob Gordon will remain the head of the company’s Southeast Asia arm and he will report directly to chief executive Mayo Schmidt.

Colleen Vancha, Viterra’s head of investor relations, will retire Sept. 15, the company said.

Chief financial officer Rex McLennan will take on the additional responsibility for investor relations.

Comes With Caveat

A minor use has been approved for glyphosate as a pre-harvest desiccant on tame mustard crops in Canada – but not without a warning to export-minded growers.

The new minor use allows pre-harvest applications of Monsanto’s 540-gram-perlitre formulation of Roundup WeatherMax at 0.67 litres per acre of yellow, brown or oriental mustard crops.

However, maximum residue limits (MRLs) haven’t yet been set in all importing countries, meaning those countries may not accept a load of mustard with glyphosate residue at the pre-harvest treatment level approved within Canada, the Saskatchewan Mustard Development Commission said.

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