Grain firm Viterra’s asset investment plan has moved onto Biggar things.
Regina-based Viterra announced Monday it’s starting construction “immediately” on a new “state of the art” elevator about two km northeast of its current elevator at Biggar, Sask., about 90 km west of Saskatoon.
The new concrete facility will have storage capacity of 34,000 tonnes and a loop track for rail loading, the company said.
The company’s current Biggar elevator, a former United Grain Growers facility on the west side of the town, today has storage capacity of 11,050 tonnes.
Read Also
U.S. grains: Corn rebounds from contract lows on short covering, bargain buying
Bargain buying and short covering lifted U.S. corn futures on Monday after the market slid to contract lows on expectations for strong U.S. output, traders said.
The company said it expects to complete the new facility in early 2022. The existing elevator will remain open until the new facility is up, a spokesperson said by email.
The current elevator is on Canadian National Railway (CN) track, as are the local Prairie Malt facility and the Parrish and Heimbecker elevator at nearby Oban. The new site, however, will be served by Canadian Pacific Railway (CP), whose track passes Biggar north of town.
“We commend Viterra for its steady and substantial investments across its asset network, including its new facility at Biggar,” Joan Hardy, CP’s vice-president of sales and marketing for grain and fertilizers, said in Viterra’s release Monday. “This project is the latest example of our commitment to Canadian farmers, and moving their crops in a timely and efficient manner.”
Viterra CEO Kyle Jeworski said the build at Biggar is among its recent “targeted investments across our asset network to ensure we’re aligned with our operating environment.” — Glacier FarmMedia Network
