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 ...

Quick View
Related News Stories
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog
Canada Markets Blog