GFM Network News


Louis Dreyfus’ grain elevator at Joffre, Alta., northeast of Red Deer. (LDC.com)

P+H to buy Louis Dreyfus’ Prairie elevators

Updated — Commodities and agrifood giant Louis Dreyfus Co. is stepping out of the grain handling business it built in Canada with a deal to sell its Prairie elevator network. Louis Dreyfus (LDC) announced Wednesday it has an agreement in place to sell its 10 elevators across Western Canada to Winnipeg grain company Parrish and

(Richardson.ca)

Richardson buys Peace-region input retailer

Grain handler Richardson Pioneer has moved to shore up its presence in northern Alberta’s crop input market with a deal for a Peace-region dealership. Winnipeg-based Richardson announced Wednesday it has bought Agland Seed and Chemical at La Crete, Alta., about 320 km north of Peace River. The deal, which closed Tuesday, will see all of


Cargill’s ag input centre at Harrow, Ont., will need to find a new owner under order from federal regulators. (VisitHarrow.ca)

La Coop federee’s Ontario grain play cleared

La Coop federee’s plans to expand into southern Ontario’s grain handling and crop input retail sectors are now down by four retail sites. The federal Competition Bureau said Tuesday it has an agreement in place for its approval of a deal which will see Cargill’s Ontario grain and ag retail outlets and its joint-venture stake


Parrish and Heimbecker’s current elevator at Dutton Siding, west of Gilbert Plains, Man. (ParrishAndHeimbecker.com)

P+H to double down on northwestern Manitoba grain

UPDATED/CORRECTED, Aug. 17 — Winnipeg grain company Parrish and Heimbecker has plans to double its grain handle out of northwestern Manitoba with a new elevator and crop input centre. The company announced Aug. 1 it will put up a new facility in the RM of Gilbert Plains, with 25,000 to 30,000 tonnes of storage capacity



Bestland Air’s facility near Starbuck, Man. (Photo courtesy Richardson International)

Richardson buys Winnipeg-area input retailer

An independent crop input retailer is being merged into one of its neighbours near Winnipeg as grain firm Richardson International continues on a retail expansion track. Privately-held Richardson announced Dec. 11 it has closed a deal to buy the retail assets of Bestland Air Ltd. at Starbuck, Man., about 30 km southwest of Winnipeg. Bestland



An Agrium fertilizer distribution facility west of Portage la Prairie, Man. (Dave Bedard photo)

Agrium forecasts less profitable year than expected

Reuters — Fertilizer maker Agrium, the world’s biggest farm retailer, on Thursday forecast a less profitable year than expected and said its quarterly profit plunged. The Calgary-based company said after normal trading hours that it expects to earn $4.50-$6 per share in 2017. The midpoint of $5.25 fell below analysts’ average estimate of $5.45, according

(Dave Bedard photo)

Richardson to expand Prairie retail space

Winnipeg grain firm Richardson International plans to expand its crop input retail business across the Prairies, starting in central and western Saskatchewan with plans for two new stores and a rebuilt store. The company said Monday it will replace its crop input facility at Wakaw, about 90 km northeast of Saskatoon, and build new at