Mayo Schmidt, shown here in Winnipeg in 2007, led Viterra until 2012. (Dave Bedard photo)

Ex-Viterra CEO to lead Dreyfus’ commodities business

The CEO who stitched Viterra together from Canada’s Prairie pools has been named to lead Louis Dreyfus’ global commodities business. Mayo Schmidt was announced Friday as the new CEO of Louis Dreyfus Commodities (LDC), the “D” of the four “ABCD” companies dominating the global grain business. Schmidt takes the reins at Rotterdam-based Dreyfus effective Jan.

Viterra files service complaint against CN Rail to CTA

A trickle of cases alleging inadequate rail service for grain could turn into a torrent

Viterra is the latest organization headed to transportation court seeking better rail service for grain. It filed a level-of-service complaint with the Canadian Transportation Agency (CTA) against CN Rail June 20 alleging the railway breached its level-of-service obligations by failing to provide cars in accordance with CN’s car-rationing plan. Industry observers don’t expect it to


Greg Porozni, the new chair of Cereals Canada.

Chair of new cereals group says it should model itself after canola council

Alberta farmer Greg Porozni says Cereals Canada will focus on research, market development and leveraging dollars

A new organization formed to enhance the domestic and international competitiveness of Canadian cereal grains will focus on collaboration to create value for the entire sector, says the inaugural chair of Cereals Canada. “We as an industry need to have a unified and cohesive voice to represent the entire industry and we haven’t had that

CWB lowers old-crop PRO in cereals

CWB has lowered Pool Return Outlooks (PROs) for wheat in its Harvest and Winter pools, according to an updated report released on March 15. Durum and barley PROs in the Harvest and Winter pools were also lowered, while canola values in both pools were unchanged to higher. Wheat PROs in the Harvest and Winter pools


Vitol plans grain market debut, hires Viterra traders

Reuters / Top oil trader Vitol is building a global grains desk and has taken advantage of Glencore’s takeover of Canadian grains giant Viterra to hire a team of its traders, trading sources said Feb. 20. Vitol, which has an annual turnover of nearly $300 billion, will vie for market share along with rival trading

Canola variety selection tool now live with 2012 results

The tool includes an economic calculator, interactive maps, and the ability to refine searches by five traits

The online Canola Variety Selection tool is now live with data from the 2012 Canola Performance Trials (CPT), giving canola growers another tool to compare variety performance. The CPT provides science-based, unbiased performance data that reflects actual production practices. The selection tool provides comparative data on leading varieties and newly introduced varieties. The tool includes


Syngenta to enter Prairie canola seed market

Syngenta plans to broaden its canola portfolio beyond chemicals and launch its own new canola seed varieties on the Prairies starting next fall. “This is an exceptional time to be in the canola seed market, given the extent of breeding and varietal development activities going on across the country,” Dave Sippell, Syngenta’s head of diverse

Syngenta to enter Prairie canola seed market

Syngenta plans to broaden its canola portfolio beyond chemicals and launch its own new canola seed varieties on the Prairies starting next fall. “This is an exceptional time to be in the canola seed market, given the extent of breeding and varietal development activities going on across the country,” Dave Sippell, Syngenta’s head of diverse


New CWB focuses on Western Canada

But it can now extend its reach Starting Aug. 1 the new CWB will be able to buy and sell grain of any type from anywhere in Canada, but its immediate focus is its traditional territory — Western Canada. “We have no immediate plans to do business in other parts of Canada,” CWB spokesperson Maureen

Pasta plant on hold

AGT says it’s a maybe for 2013 Alliance Grain Traders Inc. has put its plan to build a $50-million pasta-processing plant in Regina on hold, citing uncertainty in the North American market and the need to focus on working capital. “Pending developments, such as the de-monopolization of the Canadian Wheat Board and the proposed sale