Insights and Stories on Viterra

Viterra books lower first-half revenues for Glencore

Aug. 24, 2016 at 9:43 pm CDT

“Average” crops and lower prices on the Prairies in the first half of 2016 led to results “substantially below” those in the year-earlier period for Viterra’s Canadian operations. Viterra’s owner, Swiss commodity mining/marketing firm Glencore, on Wednesday reported a nine per cent drop in revenues across its global agricultural products […]

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

Jun. 9, 2016 at 3:59 am CDT

By Staff

Glencore in talks to sell further stake in ag unit

May. 6, 2016 at 12:27 pm CDT

By Clara Denina Sarah McFarlane

China may pay more for canola if standard changes

Apr. 7, 2016 at 4:57 pm CDT

By Rod Nickel

Glencore sells 40 per cent of agribusiness to CPP

Apr. 6, 2016 at 11:29 am CDT

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

Glencore to cut more debt as 2015 profit falls

Mar. 1, 2016 at 6:38 pm CST

London | Reuters — Glencore stepped up its debt reduction plan on Tuesday by promising to offload more assets to shore up its finances to cope with a commodities rout that wiped around a third off its 2015 profit. The Swiss mining and trading house, whose agricultural arm includes Canadian […]

By eric-onstad

Ex-Legumex crush plant gets new owners, supply deal

Jan. 5, 2016 at 12:01 pm CST

Canada’s top grain handler is set to start feeding canola to a U.S. West Coast crushing plant now half-owned by the Prairie company’s parent firm. Regina-based Viterra, the grain handling arm of multinational commodity firm Glencore, on Tuesday announced a supply and marketing deal with Pacific Coast Canola (PCC), a next-to-new […]

By Staff

Glencore shares jump on debt reduction moves, spending cuts

Dec. 10, 2015 at 4:03 pm CST

Johannesburg | Reuters –– Glencore has increased its debt reduction target and deepened its capital spending cuts, stepping up its response to lower commodity prices and boosting its battered shares by 12 per cent on Thursday. The mining and commodities trading firm and owner of Canadian grain handler Viterra said […]

By olivia-kumwenda

Mustard growers relish price spike from supply squeeze

Oct. 22, 2015 at 4:54 pm CDT

Reuters — From Canada to India, there is a squeeze on mustard that has put producers in a pickle. Prices of the yellow condiment dabbed on hot dogs and pretzels have leaped to their highest level in seven years this autumn as growers in Western Canada, which supplies three-quarters of […]

By Luc Cohen Rod Nickel