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Federated Co-operatives in November 2021 secured an option on this land north of its Co-op Refinery Complex at Regina. (FCL.crs)
Crops, Machinery

Co-op, AGT plan to crush canola at Regina

Crusher would feed FCL's planned renewable diesel plant

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Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that will “look to construct” a […] Read more
Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)
Crops

Port of Churchill moves to 100 per cent local ownership

Corporate partners step out of owner group

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MarketsFarm — The Port of Churchill is undergoing an ownership transition that will see its OneNorth community and Indigenous partners assume 100 per cent ownership of the Hudson Bay port and the rail line connecting it to northwestern Manitoba. The Churchill Marine Tank Farm and associated assets are also part of the deal, according to […] Read more
Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)
Crops, Markets

First of four vessels arrives in Churchill

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MarketsFarm — The first grain vessel of the 2020 shipping season is now at Manitoba’s northern Port of Churchill, according to Murad Al-Katib of the Arctic Gateway Group. “We’ll have an active program on durum wheat and lentils going into the Mediterranean,” said Al-Katib, who’s also CEO of Regina-based AGT Foods, one of the group’s […] Read more
Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)
Crops

Churchill’s shipping season to start next month

Tracks 'in good shape' leading to northern Manitoba port

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MarketsFarm — There won’t be any vessels laden with grains and pulses departing from the Port of Churchill until next month, according to Murad Al-Katib, CEO of AGT Foods in Regina. “We’re in the early days of harvest, so it would be very normal to expect the first vessels to arrive in the first half […] Read more
(AGTFoods.com)
Crops

Grain World: AGT books eventful 2019

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Saskatoon | MarketsFarm — This year has been a watershed year for AGT Food and Ingredients, the company’s CEO Murad Al-Katib told the Grain World conference in Saskatoon. AGT was delisted from the TSX earlier in 2019, as Al-Katib moved to take the company private after 12 years of being publicly traded. Its new ownership […] Read more
(CNS Canada file photo by Jade Markus)
Crops, Machinery

Churchill shipping resumes but grain still on back burner

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MarketsFarm — The first cargo ship in two years left the northern Manitoba port of Churchill on Wednesday, moving supplies to communities in Nunavut. Rehabilitation efforts at North America’s only deep-water Arctic port are still underway, but there are expectations business through the facility will eventually include grain as well. OmniTrax, the previous owner of […] Read more
(Video screengrab from AGT via YouTube)
Crops

AGT privatization gets shareholders’ approval

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The privatization of Canadian pulse processor AGT Food and Ingredients is set to move another step forward as company officials take their plan to Ontario’s Superior Court on Monday. The Feb. 11 court date in Toronto comes after AGT shareholders voted Tuesday at a special shareholders’ meeting in favour of privatization, according to a company […] Read more
(VerdientFoodsInc.com)
Crops

U.S. firm partners with James Cameron’s Prairie pulse processor

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CNS Canada — Saskatchewan pulse processing company Verdient Foods has entered into a joint venture agreement with U.S. company Ingredion to expand operations. The organic pea protein fractionation facility at Vanscoy, about 20 km southwest of Saskatoon, has been running since last year and the new agreement will see it expand operations to include more […] Read more
(Video screengrab from AGT via YouTube)
Crops

AGT’s privatization to proceed

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CNS Canada — AGT Food and Ingredients has announced a definitive agreement to take the publicly-traded Saskatchewan pulse and durum processing and export firm private. If all conditions are met, the deal is expected to go through in the first quarter of 2019. The buyer group, including AGT CEO Murad Al-Katib, Fairfax Financial Holdings Limited […] Read more

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