Insights and Stories on Viterra

Glencore sees renewables not cost competitive until mid-century

Sep. 27, 2016 at 6:59 pm CDT

London | Reuters — Renewable energy will not be cost competitive with fossil fuels until 2050, Glencore said on Tuesday, much later than energy organizations forecast and supporting the mining and trading giant’s case for continued investment in coal. Glencore, whose non-mining holdings include Canadian grain handler Viterra, has said […]

Viterra plans new elevator in eastern Saskatchewan

Sep. 17, 2016 at 8:29 am CDT

By Staff

Saskatchewan farmers to launch ag retail chain

Sep. 9, 2016 at 7:32 pm CDT

By Staff

Canadian canola exporters book sales to China

Aug. 26, 2016 at 12:29 pm CDT

By Rod Nickel

Viterra books lower first-half revenues for Glencore

Aug. 24, 2016 at 9:43 pm CDT

By Staff

B.C. pension funds to get piece of Glencore ag unit

Jun. 9, 2016 at 3:59 am CDT

The investment firm for British Columbia’s public-sector pension funds is set to buy just under 10 per cent of the agricultural arm of commodities firm Glencore. Swiss-based Glencore announced Thursday it has a “definitive” deal to sell 9.99 per cent of its “Glencore Agri” business for US$624.9 million cash to […]

By Staff

Glencore in talks to sell further stake in ag unit

May. 6, 2016 at 12:27 pm CDT

London | Reuters — Commodity trader and miner Glencore is in talks to sell a further 9.9 per cent stake in its agricultural unit, negotiating with bidders that missed out on the 40 per cent sold to the Canada Pension Plan Investment Board (CPPIB), two sources with knowledge of the […]

By Clara Denina Sarah McFarlane

China may pay more for canola if standard changes

Apr. 7, 2016 at 4:57 pm CDT

Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for […]

By Rod Nickel

Glencore sells 40 per cent of agribusiness to CPP

Apr. 6, 2016 at 11:29 am CDT

London | Reuters –– Commodity miner and trader Glencore has agreed to sell 40 per cent of its agricultural unit to Canada’s state pension fund for US$2.5 billion, the company’s latest step to cut debt and soothe investor concerns about the impact of weak commodity prices. The sale values the […]

By Dmitry Zhdannikov

CPP reported in talks for stake in Glencore agribusiness

Apr. 5, 2016 at 2:22 pm CDT

Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported, citing people familiar with the matter. The CPPIB would take a stake of up to 40 per […]

By Reuters

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