Insights and Stories on Viterra

Gardiner Dam Terminal set to go full Viterra

Nov. 17, 2018 at 6:04 pm CST

The farmers who own half of central Saskatchewan’s Gardiner Dam Terminal have reached a deal to sell their half to their business partner and wind up the company. Glencore Agriculture’s Viterra arm announced Friday it will buy the half of GDT it doesn’t already own and take over operation of […]

Grain company hunt goes on for Glencore

Nov. 15, 2017 at 7:07 pm CST

By Gus Trompiz

Bunge shares jump on report of Glencore standstill agreement

Oct. 13, 2017 at 4:01 pm CDT

By Reuters

Glencore looking to expand agriculture business, CEO says

May. 24, 2017 at 12:40 pm CDT

By barbara-lewis

Glencore approaches Bunge on possible takeover

May. 23, 2017 at 3:20 pm CDT

By Reuters

Viterra buys North Dakota elevator

May. 1, 2017 at 8:19 pm CDT

Prairie grain handler Viterra is expanding its reach in eastern North Dakota with a deal for Gavilon Grain’s elevator at Grand Forks. Regina-based Viterra said Monday it has closed its acquisition of Omaha-based Gavilon’s Grand Forks site for an undisclosed sum, and plans “immediate capital upgrades” for the elevator. The […]

By Staff

U.S. agribusiness deal not a priority for Glencore

Mar. 28, 2017 at 3:08 pm CDT

Lausanne | Reuters — Glencore does not see further consolidation in agricultural commodities as straightforward and views a U.S. acquisition as less crucial than in the past, the group’s agriculture chief said Tuesday. The diversified trading and mining group had pointed to the possibility of making bolt-on acquisitions after posting […]

By Reuters

Glencore ready for deals and dividends after profit boost

Feb. 23, 2017 at 7:15 pm CST

London | Reuters –– Commodities trader and miner Glencore reported an 18 per cent rise in full-year profit on Thursday, buoyed by a rebound in raw materials prices, and said it was well-placed financially for small acquisitions or a special dividend payout. Analysts said the results beat expectations, driving the […]

By barbara-lewis Dmitry Zhdannikov

Viterra results offset Glencore’s improved year-end

Feb. 23, 2017 at 5:04 am CST

Commodity giant Glencore’s efforts to ratchet down its debts paid off in fiscal 2016 — though “challenges” weighed on the ledger for its Viterra grain handling arm. Swiss-based Glencore on Thursday released preliminary results for 2016, booking net income attributable to equity holders of $1.379 billion on $152.948 billion in […]

By Staff

Viterra plans new eastern Alberta elevator

Feb. 13, 2017 at 9:07 pm CST

Glencore’s Prairie grain handling arm Viterra plans to stake a new claim in the northeastern Alberta market with a new high-throughput elevator at Vegreville. The company announced Monday it has picked up the necessary regulatory approvals and expects to start construction along Canadian National Railway (CN) track this spring. The […]

By Staff