Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Appeals court clears Viterra in 2011 death of grain-terminal worker

From CBC/Radio-Canada:

Saskatchewan’s highest court has dismissed an appeal against a Regina-based agribusiness accused of negligence in the death of a worker in 2011.

Federal Crown prosecutors had charged Viterra — which has since been purchased by Glencore — with six violations of the Canada Labour Code.

On Sept. 8, 2011, a man working at […]

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Bunge share price rallies amid merger talks

From the Western Producer:

Shares of Bunge Ltd rose to a 22 month peak May 24 after merger overtures by Glencore Plc.’s agriculture unit, which owns Viterra in Canada, whetted investors’ appetite for consolidation in the commodities sector.

News that Glencore Agriculture Ltd., jointly owned by Glencore and two Canadian pension funds, approached Bunge sparked […]

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Cargill closer to competing with Viterra in South Australia ports

Grain ship loading at Port Adelaide in Australia. Prior to Patrick starting its operations at the port, Viterra was the only provider of bulk wheat port terminal services in South Australia.

A draft determination from the Australian Competition and Consumer Commission (ACCC) exempting Patrick Stevedoring’s Berth 29 facility at Port Adelaide, Australia, moves Cargill a […]

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Louis Dreyfus Chooses a CEO

Agricultural trading giant Louis Dreyfus Commodities BV said it has appointed former Viterra CEO Mayo Schmidt as chief executive officer, ending a year-and-a-half-long search.

The choice of Mr. Schmidt, an outsider who spent most of his career in the U.S. and Canada, signifies a change for the closely held family company, which has traditionally promoted […]

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Grain movement improving in Canada, says Viterra CEO

Movement of grain by rail in Western Canada has improved slightly over the last few weeks, according ot the president and CEO of Viterra North America – one of Canada’s largest grain shippers.

“The weather obviously has improved and we’ve seen improvements to West Coast shipments. We’ve also started to position product in Thunder Bay,” […]

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Viterra increasing capacity at grain terminal at Port Metro Vancouver

From a Viterra news release:

Viterra, part of Canada’s Agricultural Business Segment of Glencore, has announced that it is executing a series of operational improvements and upgrades at its Pacific Terminal at Port Metro Vancouver.

Some of these projects include the installation of new bulk weighers, upgrades to shipping conveyors and rotary cleaners, and […]

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Cargill, Viterra plan grain-by-rail expansions in Canada

Cargill’s Morris, Manitoba, project will increase rail-car handling capacity from 54 to 100 cars and expand grain storage from 10,000 to 30,000 metric tons. Viterra will upgrade its Pacific Terminal at Port Metro Vancouver in BC.

Within the next month, Cargill Ltd. expects to begin expanding its farm service center in Morris, Manitoba, including increases […]

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Canada grain handlers to expand as crops overwhelm system

On Wednesday, Canadian National Railway Co Chief Executive Claude Mongeau said the railway would consider expanding its capacity if grain handlers do the same.

Three Canadian grain handlers said this week that they will expand facilities to handle the country’s crops, after a record-smashing harvest overwhelmed the transportation system.

Viterra, owned by Glencore Xstrata PLC, […]

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Canadian province wants big fines, more cars

Grain cars sit lined up at the Viterra grain terminal off Highway 46 east of Pilot Butte on Monday. The provincial government has made suggestions to Ottawa for its forthcoming legislation to clear Saskatchewan’s grain backlog, including higher fines for non-compliance and pressing more cars into service.

The provincial government has presented its wish list […]

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Fire damages Nebraska grain facility

Fire broke out in coated grains section of the Viterra grain plant a little after two. About 10 people were working there at the time.

All the employees made it out safety, and were able to get it under control before it spread to much of the plant.

Preliminary estimates put the damage at more […]

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US drought a bounty for Dreyfus

The Financial Times also reports that Cargill’s profits in the July-September quarter quadrupled, and Bunge’s profits in the same quarter more than doubled.

Louis Dreyfus Commodities, one of the world’s biggest food trading houses, enjoyed a surge in profits last year as it stepped in to supply agricultural markets hit by the devastating US drought.

[…]

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Bunge Announces Leadership Changes in Canada

From a Bunge rews release:

Bunge North America, the North American operating arm of Bunge Limited (BG), has announced a leadership transition for its Canadian operations. Richard “Rick” A. Watson, who has served as country manager since 2008, will retire effective March 31, 2013. With this change, Karl Gerrand will join Bunge from Viterra, Inc., […]

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ADM’s quest for Australia’s GrainCorp heats up grain race

U.S. agriculture giant Archer Daniels Midland raised the stakes in the global race for grains trading power last week, by seeking talks to buy smaller Australian shipper GrainCorp to build up its platform in Asia.

The 10 percent purchase comes at a time of dramatic consolidation in the global grains sector amid intense competition to […]

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U.S. farm co-op CHS plans to buy Western Canada farm supplier

CHS Inc., the largest U.S. farm co-operative, said on Thursday that it plans to acquire farm retail supplier DynAgra Corp, continuing its steady move into the newly opened Western Canada grain market.

Minnesota-based CHS expects to complete its acquisition of DynAgra late this month. It will operate under the name CHS DynAgra.

Western Canada’s move […]

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Canada’s Viterra, others to handle grain for CWB

Canada’s Viterra Inc has agreed to handle and store grain that farmers sell to the Canadian Wheat Board (CWB), a move that could make the board a more viable option for producers after it loses its grain-marketing monopoly.

The arrangement, which extends to some smaller grain handlers in addition to Viterra, the country’s largest, takes […]

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