Crop processor | New canola crushing plant in Washington contributes $1 million to earnings
Legumex Walker Inc. has posted the best quarterly financial results in its history. The special crops and oilseeds processor reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.9 million compared to break-even results for the first quarter of last year. “This is really getting fun watching the company take off,” company president Joel […] Read moreTag Archives agribusiness — page 2
WP markets review April 26
Commodity markets showed little predictability ahead of the Statistics Canada planting intentions report in the middle of last week. Canola acres might be down from expectations, while western Canadian growers diversify their cropping, spreading their risk around for the 2014 growing season. That pushed canola markets up nearly half a point on the week, finishing […] Read more
U.S. co-op purchases Canadian ag retail centres from Agrium
American grain and energy co-operative CHS Inc. is increasing its presence in the Canadian farm retail market. The farmer-owned co-op announced March 17 that it will acquire 16 Canadian ag retail locations from Crop Production Services (CPS), a subsidiary of Calgary-based fertilizer company Agrium Inc. Financial terms of the deal were not disclosed but a […] Read more
