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(FITTrials.com)
Crops

Antitrust regulators step in on Dreyfus elevator sale

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The federal Competition Bureau says a ‘rivalry’ between a pair of Prairie grain elevators would be lost to farmers if one is sold to the other’s owner. The bureau announced Friday it had filed an application Thursday with the federal Competition Tribunal, seeking an order that grain handler Parrish and Heimbecker sell either its elevator […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Reuters

Louis Dreyfus expects tough year on trade war, swine fever

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Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the rest of the year after pushing down first-half profit. The interim results reversed a rebound in group profits in the second half of last year […] Read more
Louis Dreyfus’ grain elevator at Joffre, Alta., northeast of Red Deer. (LDC.com)
Crops

P+H to buy Louis Dreyfus’ Prairie elevators

By ,
Updated — Commodities and agrifood giant Louis Dreyfus Co. is stepping out of the grain handling business it built in Canada with a deal to sell its Prairie elevator network. Louis Dreyfus (LDC) announced Wednesday it has an agreement in place to sell its 10 elevators across Western Canada to Winnipeg grain company Parrish and […] Read more
A photo simulation of the proposed new Fraser Grain Terminal from Port Royal Park in New Westminster looking southeast. (FraserGrainTerminal.ca)
Crops, Machinery

GrainsConnect hops aboard P+H port terminal project

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Updated Jan. 4, 2019 — Winnipeg grain firm Parrish and Heimbecker’s plans for a new West Coast port terminal again have a joint venture partner. Calgary-based GrainsConnect Canada, itself a joint Prairie grain handling venture between Australia’s GrainCorp and Japan’s Zen-Noh Grain, announced Wednesday it now has a formal 50-50 partnership agreement with P+H to […] Read more
A photo simulation of the proposed new Fraser Grain Terminal from Port Royal Park in New Westminster looking southeast. (FraserGrainTerminal.ca)
Crops, Machinery

Port authority clears new West Coast terminal

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Work is expected to start within two weeks on a new port grain terminal expected to improve rail efficiency for grain shipments to Canada’s West Coast. Prairie grain handler Parrish and Heimbecker announced Thursday it’s “moving forward” with the Fraser Grain Terminal project as proposed in late 2016, after receiving approval for its project permit […] Read more
A new elevator and retail site at Viking, Alta. is expected to complement Parrish and Heimbecker’s Dakota crop services centre at Sedgewick, shown here. (Parrishandheimbecker.com)
Crops

P+H plans new east-central Alberta elevator

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Winnipeg grain and agrifood firm Parrish and Heimbecker is set to reinforce its recent arrival in the east-central Alberta retail market with a new grain elevator. Privately-held P+H announced Tuesday it will build a new 46,000-tonne capacity grain elevator and crop input centre at Viking, about 120 km southeast of Edmonton. The Viking site will […] Read more
(PHMilling.com)
Crops, Spring Wheat

Ottawa to back P+H’s Hamilton flour mill

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Winnipeg agrifood firm Parrish and Heimbecker has lined up more government financing for its planned new flour mill at Hamilton, this time from the federal level. Agriculture Minister Lawrence MacAulay on Thursday announced a $10 million “repayable investment” in the project from the AgriInnovation program, part of the Growing Forward 2 ag policy funding framework. […] Read more

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