G3’s lake terminal at Hamilton, Ont. (G3.ca)

G3 has a new CEO

There’s been a change at the top of Canada’s newest major grain company. G3 Canada’s CEO Karl Gerrand left the grain company Tuesday and has been replaced by Don Chapman, the Manitoba Co-operator has learned. G3 in 2015 purchased 50.1 per cent of the Canadian Wheat Board from the federal government and brought in Gerrand,



G3 CEO Karl Gerrand was interviewed by Manitoba Co-operator editor Laura Rance during the Cereals of North America meeting 
in Winnipeg Nov. 3.

G3 boss lays out strategy for new company’s success

Karl Gerrand also calls for continued government-funded agricultural 
research and grain quality control

Patient capital and faster grain handling will help G3 squeeze into a mature, tight marketplace, says Karl Gerrand, chief executive officer of Western Canada’s newest grain company. “Our vision is to create an enterprise that focuses on high-efficiency movement,” Gerrand told Manitoba Co-operator editor Laura Rance Nov. 3 on stage at the Cereals North America

G3 CEO Karl Gerrand.

G3 partner SALIC part of Saudi plan to save water and import grain

The Saudi Agricultural Livestock Investment Corporation (SALIC), which has joined forces with Bunge to create G3, is an investment arm of Saudi Kingdom, G3 CEO Karl Gerrand said during the Cereals of North America meeting in Winnipeg Nov. 3. “They (Saudi Arabia) wanted to invest in infrastructure around the world that promotes the movement of


G3’s Karl Gerrand, CWB CEO Ian White, Agriculture Minister Gerry Ritz and CWB chief strategy officer Dayna Spiring (from left) announce G3’s $250 million plan to take a majority stake in CWB. (Dave Bedard photo)

Bunge, Saudi Arabia to buy control of CWB

Agribusiness giant Bunge and the Saudi Arabian government’s ag investment arm are the joint “successful acquirer” of the former Canadian Wheat Board. Bunge Canada and SALIC Canada, an arm of the Saudi Agricultural and Livestock Investment Co., on Wednesday announced their new Winnipeg-based joint venture, G3 Global Grain Group, will pay $250 million to CWB