Signage on Viterra’s office building in Regina. (Dave Bedard photo)

Bunge, Viterra confirm marriage plans

Firms to merge under Bunge banner

The grain handler built out from the foundations of the former Prairie pools is set to be absorbed into one of the world’s biggest grain trading firms in a cash-and-stock deal. After the news leaked out last month, Rotterdam-based Viterra confirmed Tuesday morning it’s “concluded an agreement” to merge into Bunge — the St. Louis-based […] Read more

Kyle Jeworski, Viterra’s CEO for North America, speaks in a December 2020 promotional video announcing the company’s worldwide rebranding. (Viterra video screengrab via YouTube)

Viterra seeking expansion in Americas, Australia, sources say

London | Reuters — Swiss miner and trader Glencore and its partners are looking at options to expand their agricultural joint venture Viterra, including targeted bolt-on acquisitions in the Americas and Australia, two sources close to the matter said. The firm, formerly known as Glencore Agriculture, made the headlines in 2017 for a failed takeover […] Read more

File photo outside Viterra’s downtown Regina office building. (Dave Bedard photo)

‘Glencore Agriculture’ to adopt Viterra brand

Worldwide ag business to rebrand later this year

A trademark that Swiss commodity firm Glencore picked up when it bought its way into Prairie agriculture is about to become the global brand for its agribusiness offspring. David Mattiske, CEO of Glencore Agriculture, announced in a statement Wednesday the company will rebrand the business to Viterra in “late 2020.” The Viterra brand dates back […] Read more

(Dave Bedard photo)

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

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 the B.C. Investment Management Corp. […] Read more

(Dave Bedard photo)

Glencore sells 40 per cent of agribusiness to CPP

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 agricultural unit as a whole […] Read more


(Dave Bedard photo)

Funds blocked from investing in Sask. farmland, for now

Saskatchewan’s government plans to take a closer look at its rules on investment in farmland, but will block such investments by pension funds and other “institutional” investors while the review is underway. The province said Monday it will soon run further consultations and a review of farmland ownership rules as now laid out under the […] Read more