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Cereals, News, Opinion

Déjà vu all over again?

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You could say a lot about the federal government’s process for ending the Canadian Wheat Board’s single-desk monopoly this week, and many have. But you have to admit Gerry Ritz’s timing was impeccable. Or rather, he lucked out. With commodity prices soaring due to the fiercest drought to grip the U.S. in more than half
Crops, News

Canadian farm groups want curbs on Agrium’s clout

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Reuters / Two influential Canadian farm groups will urge the country’s Competition Bureau to scale back Agrium Inc.’s proposed purchase of Viterra Inc. assets, saying Agrium might become too powerful in the sale of fertilizer and other crop supplies. In a $6.1-billion deal, global commodities giant Glencore International PLC will buy Viterra, Canada’s biggest grain
Cereals, News

Viterra shareholders back Glencore

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Reuters / Shareholders of Canada’s largest grain handler, Viterra Inc., voted overwhelmingly May 29 in favour of a friendly takeover bid by Swiss commodities trader Glencore International Plc., pushing the biggest deal in years for the global agricultural sector closer to reality. The deal was supported by 99.8 per cent of shareholders, far more than
Cereals, Crops, News, Oilseeds

Dominoes starting to fall as end of single desk draws nearer

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Research and market development, keeping an eye on the railways, 
and the fate of short line railways are just three of the issues KAP is trying to address

Manitoba’s farm leaders are scrambling to plug holes that will be left by the demise of the single-desk CWB. Research and market development, keeping an eye on the railways, and the fate of short lines were high on the agenda when Keystone Agricultural Producers delegates gathered at their General Council meeting last week. But challenges
Crops, News

Viterra shareholders to vote May 29

Reuters / Shareholders in Viterra Inc. will vote May 29 whether to approve a $6.1-billion friendly takeover of Canada’s biggest grain handler by Swiss-based commodities trader Glencore International PLC. The vote will be taken at a special shareholder meeting in Calgary, Alberta, a Viterra spokeswoman said. The deal’s completion requires approval of two-thirds of the
Cereals, Crops, News

Richardson International’s rise to share top grain spot

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The pending multibillion-dollar sale of Viterra demonstrates the value of patient capital and private ownership, says Richardson International president Curt Vossen. Last week publicly traded Viterra, Canada’s largest grain company, announced it was selling to the world’s No. 1 diversified commodities trader, Swiss-based Glencore, for $16.1 billion. But in a move believed aimed at getting
Cereals, News

Canada’s Harper says Viterra bid not “primarily” foreign

reuters / Canadian Prime Minister Stephen Harper said March 25 that the structure of Glencore’s $6.1-billion deal to buy No. 1 Canadian grain handler Viterra means it should not necessarily be seen as a full foreign takeover. Harper’s comments come as the Canadian government and regulators begin reviewing the offer by Swiss-based Glencore, already the
Cereals, Crops, News

Farmers fear consolidation, not foreigners, in Viterra bid

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Reuters / For most of the past year, western Canadian farmers have braced for the rush of competition that will follow the end of the Canadian Wheat Board’s 69-year-long monopoly on grain marketing in August. Now, they’re preparing for the possibility of seeing less than expected. The fertile region’s biggest grain handler, Viterra, said March
Cereals, Dairy cattle, Opinion

Letters – for Nov. 17, 2011

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We welcome readers comments on issues that have been covered in the Manitoba Co-operator.In most cases we cannot accept open letters or copies of letters which have been sent to several publications. Letters are subject to editing for length or taste. We suggest a maximum of about 300 words. Please forward letters to ManitobaCo-operator, 1666DublinAve.,Winnipeg,

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