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

Bunge, Viterra confirm marriage plans

Firms to merge under Bunge banner

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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
A ship is docked for unloading at G3’s St. Lawrence River terminal at Trois-Rivieres, Que. (G3.ca)
Crops, Markets

Prairie drought spurs record imports via Trois-Rivieres

G3 terminal reports record incoming grain handle

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Agrifood firms unable to source enough grain domestically due to last year’s drought have imported a record amount through a major St. Lawrence River grain terminal this year. Winnipeg grain handler G3, whose grain terminal at Trois-Rivieres, Que. has storage capacity for 109,000 tonnes, reported Wednesday the terminal has so far unloaded over 160,000 tonnes […] Read more
G3’s Prairie West elevator west of Plenty, Sask. (G3.ca)
Crops

Retailer takes over G3 ag input site

The Rack takes up ag retail business at Plenty, Sask.

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A western Saskatchewan ag retail chain has expanded its footprint in that region after closing a deal for a G3 grain elevator’s crop input business. G3 announced Monday it had completed the sale of the ag input business adjacent to its elevator west of Plenty, Sask., to Saskatchewan input and bulk fuel dealer Rack Petroleum, […] Read more
Then-federal Agriculture Minister Gerry Ritz (second from right) announces G3’s plan to take a majority stake in CWB in April 2015 in Winnipeg. (Dave Bedard photo)
Crops

Farmers’ CWB class action lawsuit gets certified

Suit claims federal government wrongly used farmers' money to help privatize the Wheat Board

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A class action lawsuit alleging the government of Canada and G3 Canada Ltd. unlawfully used millions of farmer dollars to privatize the Canadian Wheat Board (CWB) has been certified after wending its way through the courts for 10 years. Court of Queen’s Bench Justice Chris Martin delivered his written judgment Tuesday in Winnipeg, clearing the […] Read more
File photo of a G3 primary elevator. (G3.ca)
Crops

G3 planning two more Prairie elevators

Northeastern Saskatchewan, Peace sites in works

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Grain handler G3 has added a pair of new grain elevators — one in Alberta’s Peace region, the other in northeastern Saskatchewan — to its drawing board. The Winnipeg-based company announced Monday it will build new facilities at Rycroft, Alta. and Melfort, Sask., with construction starting later this year on both toward completion in early […] Read more
(File photo by Dave Bedard)
Crops

CWB class-action suit a step closer to litigation

Manitoba Court of Appeal overrules lower court, allows case to seek certification

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A proposed class-action lawsuit against the federal government and G3, alleging millions of dollars of farmers’ money was improperly used to privatize the Canadian Wheat Board (CWB) in 2012, is a step closer to certification and litigation, says Stewart Wells, chair of the Friends of the Canadian Wheat Board, which is backing the suit. The […] Read more
(G3.ca)
Crops

G3’s new Vancouver terminal clears commissioning phase

Formal grand opening ceremony not happening

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Prairie grain handler G3’s new West Coast port terminal has passed its commissioning run and is now in “commercial operation,” but don’t wait for a ceremonial grand opening. Winnipeg-based G3 announced Wednesday its new 180,000-tonne capacity terminal at the Port of Vancouver is officially open, but the company has “set aside” plans for a ceremony […] Read more
(Dave Bedard photo)
Crops

G3 plans two more Prairie elevators

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Prairie grain handler G3 plans to add another 76,000 tonnes of grain handling capacity in southwestern Saskatchewan and eastern Alberta. The Winnipeg company announced Thursday it will start work in early 2020 on new grain elevators at Swift Current, Sask. and Vermilion, Alta. for completion in 2021. Both new elevators are to be built with […] Read more
(Dave Bedard photo)
Crops

Grain handler G3 to further expand Alberta footprint

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Having started 2018 with zero grain elevators in the Alberta market, grain handler G3 expects to soon have five in progress. The Winnipeg company announced Wednesday it plans to start construction by this summer, pending regulatory approvals, on a pair of 42,000-tonne capacity elevators in the province, near Stettler and Irricana, for completion in 2020. […] Read more
(Dave Bedard photo)
Crops

G3 plans new Edmonton-area grain elevator

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Grain handler G3 Canada has announced its third move into Alberta, with plans for an elevator near Morinville, about 25 km north of Edmonton. The Winnipeg company said Thursday it will start construction “shortly” at its chosen site just west of town, connecting to Canadian National Railway (CN) track on the north side of Highway […] Read more

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