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Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 04:34:07| Food - Topix.net

Saudi Arabia's state-owned agricultural investment firm and U.S. grain trader Bunge Ltd will buy a controlling stake in Canadian grain handler CWB in a bold move by the Gulf state to secure food supplies. G3 Global Grain Group, a joint venture of Bunge and Saudi Agricultural and Livestock Investment Co , said on Wednesday it will buy a 50.1 percent stake in CWB for C$250 million .

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Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 04:34:06| Food - Topix.net

Farmers harvest their wheat crop during sunset on the Canadian prairies near Vulcan, Alberta, in this file photo taken September 7, 2011. A state-owned Saudi Arabian company is joining U.S. grain trader Bunge Ltd to buy a majority stake in Canadian grain handler CWB for C$250 million .

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Saudi firm, Bunge to buy majority stake in Canadian grain handler

2015-04-16 02:14:20| Agriculture - Topix.net

Farmers harvest their wheat crop during sunset on the Canadian prairies near Vulcan, Alberta, in this file photo taken September 7, 2011. A state-owned Saudi Arabian company is joining U.S. grain trader Bunge Ltd to buy a majority stake in Canadian grain handler CWB for C$250 million .

Tags: buy firm majority canadian

 

Federal Government's Mandatory Grain Shipment Rules Not Extended

2015-04-08 04:56:13| Railroads - Topix.net

The grain shipment rules enacted by the Canadian government - the most recent iteration of which expired on March 28, 2015 - have not been renewed. Thus, for the first time since March 7, 2014, the Canadian National Railway Company and the Canadian Pacific Railway Company are not subject to special shipment requirements designed to ensure the elimination of backlogs of grain resulting from a bumper Western Canada 2013 crop and the adverse impact on normal railway operations resulting from cold temperatures during the winter of 2013-14.

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CHS, Inc. and Aurora Cooperative Complete 1.25 Million Bushel Grain...

2015-04-06 22:25:44| Agriculture - Topix.net

April 6, 2015 - CHS Inc. , the nation's leading cooperative and a global energy, grains and foods company, and Aurora Cooperative have completed a 1.25 million bushel grain shuttle loading and fertilizer storage facility constructed through a unique CHS capital investment program. The two cooperatives marked the completion of the Superior East, LLC, facility during an event at the south-central Nebraska facility on April 2. "This was an opportunity to work with a strong and successful member cooperative to create an asset with significant and long-lasting benefit in connecting this region's farmers with the global marketplace," said Lynden Johnson , CHS Executive Vice President, Country Operations.

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