Bunge Ltd. welcomes Ottawa’s decision to dismantle the Canadian Wheat Board and is preparing to jump into Prairie grain handling, according to a story in the July 20 Globe and Mail.
While Bunge is active in Prairie canola crushing and operates a large export elevator in Quebec City, it does not have significant handling facilities in Western Canada.
That may change after the end of the CWB monopoly. It “will open up an opportunity for us in the West,” Soren Schroder, who runs Bunge’s North American division told the Globe. “It will allow companies like us to get in the chain from the farms to the overseas customers.”
