GFM Network News



(FIle photo by Dave Bedard)

China’s ban on Canadian canola expands to Viterra

Beijing/Ottawa | Reuters — China expanded its ban on Canadian canola seed imports on Tuesday to include shipments from Viterra, the latest development in a wider trade dispute between the two countries. Viterra is the second canola exporter to have its registration cancelled, after Beijing halted shipments from top exporter Richardson International earlier this month.


(Dave Bedard photo)

Viterra buys up all of North Dakota grain terminal

Viterra has bought up the other half of a U.S. joint-venture grain terminal the company helped build in its SaskPool days. The Regina-based grain handling arm of commodity firm Glencore announced Thursday it has closed a deal to buy U.S. food processor General Mills’ 50 per cent stake in the two companies’ grain terminal at

Grain handler Viterra’s system allows growers to create contracts online 24/7 via smartphone. (Paul Ketcheson photo)

Viterra offers up 24/7 online grain contracting

Prairie grain growers doing business with Glencore Agriculture’s Viterra arm can now create their own grain contracts with the company anytime online. In what it describes as the “first and only full range” of online contracting options for farmers in Western Canada, Viterra launched its new system on its myViterra platform in December. A Prairie

(Dave Bedard photo)

Viterra to boost two Prairie elevators’ capacity

One of the Prairies’ biggest grain handlers has pledged to boost the handling and rail capacity at two of its inland terminals. Glencore Agriculture’s Viterra arm announced Thursday it plans to upgrade its elevators at Stettler, Alta., about 80 km east of Red Deer, and at Binscarth, Man., about 120 km southeast of Yorkton, Sask.


Merged oilseed council proposal needs more study, MCGA prez says

Merged oilseed council proposal needs more study, MCGA prez says

Soy Canada and the canola council rejected the idea

Chuck Fossay knew Richardson International was threatening to leave the Canola Council of Canada, but he never expected it to happen. “I was actually surprised it pulled the plug,” the president of the Manitoba Canola Growers Association said in an interview Jan. 18. “We knew that Richardson had concerns. We’ve known that probably for five

(Dave Bedard photo)

Grain company hunt goes on for Glencore

Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already this year but couldn’t reach

(AGCanada.com, Bunge.com photos)

Bunge shares jump on report of Glencore standstill agreement

Reuters — Shares of U.S. commodities trader Bunge surged on Friday after the Wall Street Journal reported that Glencore had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for Bunge. Bunge had rebuffed a takeover approach by Glencore in May. Speculation has swirled for months that Glencore would make



(AGCanada.com, Bunge.com photos)

Glencore approaches Bunge on possible takeover

Reuters — Glencore Plc said on Tuesday its agricultural unit has made an informal approach to commodities trader Bunge Ltd. about a “possible consensual business combination,” the company said in a statement. The commodities trading firm did not say more about a potential offer that its Glencore Agriculture unit made to Bunge. Glencore, whose Canadian