Construction of the new 1.1 million metric tonne canola processing plant at Northgate is expected to begin in 2022 and will increase exports of value-added products via the direct connection to the BNSF Railway adjacent to the United States border. With this investment by Ceres, our capacity for value-added production within our province will be further increased, producing more high-quality canola oil and meal for export to current and new markets around the world, Trade and Export Development Minister Jeremy Harrison said. This is good news for jobs and our economy in Saskatchewan, and this also supports our Growth Plan goal to increase agri-food exports to $20 billion in the years ahead.
By Drew Postey
Photo from Government of Saskatchewan.
The Saskatchewan government is happy to hear about and support the announcement by Ceres Global Ag, of its plans to build a new USD $350-million integrated canola crush facility at Northgate.
“Adding value to agriculture products right here in Saskatchewan will help us reach the goals set out in our Growth Plan,” Premier Scott Moe said in a release. “We welcome Ceres Global’s investment in Northgate to support and provide southeast Saskatchewan growers with a unique and valuable option for marketing their canola. With its direct connection to the BNSF railroad, Ceres can offer Saskatchewan growers access to a variety of markets in the United States.”
Today, the Government of Saskatchewan welcomed the announcement by Ceres Global Ag of its plans to build a new USD $350 million integrated canola crush facility at Northgate. "Adding value. . .
MINNEAPOLIS, April 30, 2021 /CNW/ -Â Ceres Global Ag Corp. (TSX: CRP) ( Ceres or the Company ) today announced that it will report its fiscal 2021 third quarter financial results on Friday, May 14, 2021.
Ceres will hold a conference call to discuss its third quarter financial and operational results on Friday, May 14, 2021 at 9:00 a.m. ET. Â Robert Day, Ceres President and Chief Executive Officer, and Jay Bierley, Ceres Chief Financial Officer, will co-chair the conference call. All interested parties can join the conference call by dialing 1-888-231-8191 or 647-427-7450. Please dial in 15 minutes prior to the call to secure a line.
A live audio webcast of the conference call will be available at: http://bit.ly/CeresQ32021. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. An archived replay of the webcast will be available for 90 days.
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MINNEAPOLIS, Feb. 12, 2021 /CNW/ - Ceres Global Ag Corp. (TSX: CRP) ( Ceres or the Corporation ) today announced its financial and operating results for the quarter ended December 31, 2020. All amounts are in U.S. currency unless otherwise noted.
CEO Commentary The second quarter marked a strong rebound as we increased volumes to our customers in North America and took advantage of market volatility, said Robert Day, President and Chief Executive Officer of Ceres. Our recent acquisitions enabled us to drive volume through our North American supply chains more competitively, offsetting the high-priced U.S. rail freight costs that continued to impact cereal grain competitiveness to world markets. In addition, we reached an important milestone by closing on the formation of Farmers Grain, LLC, our joint venture with Farmer s Cooperative Grain and Seed Association ( FCGS ) based in Thief River Falls, Minnesota.