richardson Archives - Page 5 of 6

CHS to shed Prairie crop input retail sites

By Grainews Staff, GFM Network News October 31, 2017

U.S. farm co-operative CHS is stepping back from Canada’s Prairie crop input retail sector with a deal to sell its 10 retail locations to Richardson International. Winnipeg-based Richardson on Tuesday announced it would buy CHS’s Alberta retail sites at Alix, Beiseker, Bow Island, Carseland, Craddock, Lacombe, Rolling Hills, Standard and Vauxhall, and the co-op’s lone […] Read more

Crops

Richardson buying two Alberta crop input retailers

By Grainews Staff, GFM Network News August 28, 2017

Two independent crop input retailers in northeastern Alberta will become part of Richardson Pioneer’s ag retail chain starting Friday. Richardson on Monday announced it will buy Webb’s Crop Services Ltd. at Vermilion and Agro Guys Inc. at Forestburg, about 165 km southwest of Vermilion, for undisclosed sums. Both deals are expected to close Thursday, with […] Read more

Crops, Oats, Reuters

Canada’s Richardson buys European Oat Millers

By Rod Nickel, GFM Network News June 26, 2017

Winnipeg | Reuters –– Richardson International, one of Canada’s largest grain handlers, said Monday it had purchased European Oat Millers in a deal that expands its geographic reach. The acquisition of European Oat Millers, the second-largest oat miller in Europe, closed on June 15, Richardson said in a statement. Both companies are privately owned. Winnipeg-based […] Read more

(File photo courtesy Canola Council of Canada)

Canola, Crops, Markets, Reuters

Canadian canola exporters book sales to China

By Rod Nickel, GFM Network News August 26, 2016

Winnipeg | Reuters — Canadian exporters are making small sales of canola to China under Beijing’s stricter terms, an industry group and three sources said, possibly undermining Ottawa’s hardline negotiating stance with the world’s top market for the oilseed. The dispute over the new shipping standard, which industry groups in the world’s biggest canola exporter […] Read more

Richardson International’s canola crushing facility at Lethbridge, shown here in July 2016. (Photo courtesy Richardson International)

Canola, Crops

Richardson cranking up canola crush, throughput at Lethbridge

By Grainews Staff, GFM Network News August 17, 2016

Agrifood firm Richardson International plans to put up $120 million to dial up the processing capacity of its canola crushing plant in southern Alberta by over 55 per cent. Privately-held, Winnipeg-based Richardson said Wednesday the new upgrades at its Lethbridge plant are expected to boost its peak annual crush to over 700,000 tonnes of canola per year, […] Read more

Crops

Richardson books record port handle during expansion

By Grainews Staff, GFM Network News May 11, 2016

Prairie grain firm Richardson International has wrapped up construction of a major new expansion at its Port Metro Vancouver export terminal and reported a record grain handle for the year while doing so. The Winnipeg company on Tuesday reported its North Vancouver terminal shipped 5.2 million tonnes of grain and oilseeds in 2015, which it […] Read more

Canola, Crops, Markets, Reuters

China may pay more for canola if standard changes

By Rod Nickel, GFM Network News April 7, 2016

Winnipeg | Reuters –– Richardson International, one of Canada’s two largest grain handlers, may raise the price of canola shipments to China to reflect Beijing’s costly higher standard, its CEO said Thursday. The Chinese Embassy in Ottawa said in March that China had delayed to Sept. 1 its new standard for no more than one per […] Read more

Winnipeg-based Legumex Walker’s pulse plants are Scoular’s first major play in the Prairie crops sector. (Dave Bedard photo)

Crops, Markets, Reuters

Grain handler Scoular on hunt for more Canadian buys

By Rod Nickel, GFM Network News September 21, 2015

Winnipeg | Reuters — U.S. crop handler The Scoular Co. is looking to acquire stakes in grain and oilseeds facilities in Western Canada, fresh off agreeing to its first major purchase in the crop-growing belt, the private company’s chief operating officer said Monday. Scoular last week agreed to pay $94 million for the special crops […] Read more

Canola, Crops, Markets, Soybeans

Richardson buying bigger margarine market share

By Grainews Staff, GFM Network News June 10, 2015

Prairie grain and agrifood firm Richardson International is going long on shortening with a deal for major Canadian margarine firm Golden Gate. Privately-held, Winnipeg-based Richardson is no stranger to the margarine business as the owner of the Canola Harvest brand, having bought Canbra Foods in 1999 and Innovative Foods in 2011. Owned and operated by […] Read more

Richardson CEO Curt Vossen said the company is in the market for acquisitions in the U.S. grain sector. (Dave Bedard photo)

Crops, Markets, Reuters

Richardson targets U.S. acquisitions

By Rod Nickel, GFM Network News May 14, 2015

Winnipeg | Reuters — Richardson International, one of Canada’s largest grain handlers, is seeking expansion in the U.S. through acquisitions worth $100 million to as much as $2 billion, its CEO said Thursday. Richardson, which now owns two U.S. mills, is interested in Andersons Inc. and private companies Bartlett and Scoular, as well as co-operatives, […] Read more

Field-by-field mapping could improve yield, productivity predictions

U.S. grains: Corn futures edge up, soybeans sag on improving US crop ratings

U.S. livestock: Cattle futures up, hogs mixed

GFM Network News