NEWS
CWB to Buy Grain-Handling Assets
Tue Nov 26, 2013 02:03 PM CST

OMAHA (DTN) -- CWB, a Winnipeg-based wheat and barley marketer, will become the largest east-coast shipper of producer cars from Western Canada with the purchase of shares of Mission Terminal, Les Elevateurs des Trois-Rivières, and Services Maritimes Laviolette from Upper Lakes Group, according to a CWB news release. This purchase will provide CWB with the advantages of an eastern port.

These acquisitions are a starting point for a network of grain-handling assets for CWB-marketed grain and a step in making CWB operations independent of the government, stated the CWB release.

"The agri-business landscape is evolving quickly," said CWB President and ...

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