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Tag Archives Viterra

Signage on Viterra’s office building in Regina. (Dave Bedard photo)
Crops

Viterra in talks to merge with Bunge, source says

Merger would vault Viterra into top tier of grain trade

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Reuters — Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd., according to a person familiar with the matter, in a potential mega-deal that would reshape the top tier of global grains merchants. There is no certainty that Viterra, part-owned by Switzerland-based mining and trading giant Glencore, will be able
Signage on Viterra’s office building in Regina. (Dave Bedard photo)
Crops, Markets

Viterra to exit Russian grain trade

The company's team in Russia to create new grain exporter

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London | Reuters — Global grain trader Viterra’s management team in Russia plans to create an independent Russian grain exporter once the company ceases export activities in the country, the head of its Russian office, Nikolai Demyanov, told Reuters on Thursday. Viterra — whose owners include mining and trading giant Glencore and the investment management
(Dave Bedard photo)
Crops

Cargill plans to halt grain export activities in Russia

Viterra also set to halt grain trading in Russia, sources say

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Moscow/Chicago | Reuters — Cargill said Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports. Most international grain traders have stopped new investment in Russia since last year following
News

Cargill, Viterra ship Brazil soy to Argentina early

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Reuters – Global grain traders Cargill and Viterra appear as charterers of two vessels to be loaded with Brazilian soybeans for delivery in Argentina over coming weeks, according to shipping data. Cargill’s Interlink Fortuity vessel is expected to arrive on Jan. 25 at the port of Santarem in northern Brazil and set sail on Feb.
(Xinzheng/Getty Images)
Crops, Markets

China lifts block on Canadian grain firms’ canola exports

Canola from Richardson, Viterra again allowed, officials report

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Officials say China has reinstated market access for two major grain firms whose exports of Canadian canola have been blocked from Chinese ports since 2019. Canada’s Trade Minister Mary Ng and Agriculture Minister Marie-Claude Bibeau, in a joint statement Wednesday, confirmed the decision by Chinese customs officials allowing Richardson International and Viterra to resume canola
(Dave Bedard photo)
Crops, Other

Bunge says sanctions may have ‘adverse effect’ on Russian operations

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Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have stopped their business in Russia
“We ended up overall with a very high-quality crop with high protein levels. ” – Derek Bunkowsky.
News

New crop mission answered drought-related questions

Customers wanted to know about the quality and quantity of wheat after a tough growing season

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Rationing of wheat and durum, protein-related issues, but overall a good-quality crop. That was what international buyers were told to expect during Cereals Canada’s virtual new crop missions in late 2021. In a webinar on January 17, Cereals Canada staff, farmer representatives and experts summarized what they said to, and what they heard from, customers
News

New grain load record set at Port of Thunder Bay

CSL and Viterra have shipped the largest load of grain ever, bound for Montreal

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[UPDATED: Nov. 15, 2021] A record-setting grain load has sailed from Viterra’s terminal at Thunder Bay. Canada Steamship Lines ship Welland loaded 31,362 tonnes of grain Nov. 4, breaking the previous record of 31,143 tonnes. The cargo of wheat will be discharged in Montreal, destined for international markets. The Trillium Class bulk carrier is currently running
(Viterra video screengrab)
Crops

Viterra brand goes worldwide

Glencore Agriculture begins rebranding in most countries

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Glencore Agriculture has officially taken the name of its Canadian subsidiary as its own worldwide. Glencore Agriculture, co-owned by commodity firm Glencore and two Canadian public-sector pension fund investment firms, announced Monday it has started to use the name Viterra — and a new brand, “Viterra: The Agriculture Network” — in most of the 37

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