Viterra Limited is a Canadian grain handling business, that began as the nation's largest grain handler, with its historic formative roots in prairie grain-handling cooperatives , among them the Saskatchewan Wheat Pool . Viterra Inc grew into a global agri-business with operations in Canada, the United States , Australia , New Zealand and China . Viterra operated three distinct, inter-related businesses: Grain Handling & Marketing, Agri-Products and Processing, enabling it to generate earnings at various points on the food production chain from field to the table. Following its $ 6.1-billion acquisition by Glencore International , on 1 January 2013, Viterra was merged with Glencore purchaser, 8115222 Canada Inc., headquartered in Rotterdam, the Netherlands.
49-590: Viterra's grain handling and marketing operations were located primarily in two of the world's most fertile regions: Western Canada and South Australia . The company owns and operates grain terminals in Western Canada, along with 95% of the grain handling and storage facilities in South Australia. The company ships grain to markets worldwide. Viterra was also one of the largest agri-product retailers in Canada, with
98-619: A "network of 258 agri-products retail locations throughout Western Canada and 17 retail locations in Australia. Retail locations offer fertilizer, crop protection products, seed and equipment to growers. Viterra also has a minority interest in a nitrogen fertilizer manufacturing plant in Medicine Hat, Alberta." Viterra Inc. was formed in 2007 as a publicly traded corporation when the Saskatchewan Wheat Pool acquired Agricore United, which
147-647: A $ 1.15bn sale agreement with Glencore, who in this way divested "90 percent of Viterra’s Canadian retail facilities, all of its Australian retail facilities, as well as their minority position in a nitrogen facility located in Medicine Hat , Alberta ." In 2016, Glencore sold a minority stake in the business to the Canada Pension Plan , who paid "US$ 2.5 billion for a 40 percent stake" in its global agricultural assets, by then renamed "Glencore Agriculture". In 2020, Glencore Agriculture rebranded to Viterra and created
196-577: A 70% stake in IOI Loders Croklaan for $ 946 million from Malaysian palm oil producer IOI Corp Berhad . In 2012, Bunge came under criticism from NGO Survival International for sourcing its sugarcane from the ancestral land of the Guaraní people in Brazil . It has been reported by the tribe that crop production has brought pesticides and machinery that has damaged their health, as well as restricting them to
245-442: A continental climate and experience extremes in weather. Winters in both provinces can be classified as harsh with Arctic winds and −40 °C (−40 °F) temperatures possible. Winter temperatures in both provinces average between −10 and −15 °C (14 and 5 °F). In contrast, summers can be hot with temperatures exceeding 35 °C (95 °F) at least once per year in most locations. In Canadian politics, Western Canada
294-621: A greater role in international agribusiness and commodity markets; by then the company's gross annual turnover had reached US$ 13 billion. Bunge ultimately went public on the New York Stock Exchange in 2001, becoming Bunge Limited. In 1994, the Bermuda-registered Bunge International was created as the main company in which the families had shares. There were around 180 shareholders—the main families were Hirsch, Bunge, Born, Engels, and De La Tour. This replaced
343-680: A history of support in Manitoba and British Columbia. The western provinces are represented in the Parliament of Canada by 104 Members of Parliament (MPs) in the House of Commons (British Columbia 42, Alberta 34, Saskatchewan and Manitoba 14 each) and 24 senators (6 from each province). Currently, of the 104 western MPs in the Commons, 64 are Conservatives, Liberals hold 21 seats, the New Democrats hold 18 and
392-573: A market value of about $ 9.8 billion, and was still being pursued by Glencore. In 2019, Bunge relocated its global headquarters from White Plains, New York , to the St Louis metropolitan area in 2020, where the company had its US headquarters. In April 2020, Bunge announced it agreed to sell 35 U.S interior grain elevators to Zen-Noh Corporation . The completion of the sale was subject to regulatory approval and closed in December 2021. In 2021, Bunge
441-610: A network of more than 250 retail locations throughout the Prairies. As part of this business, Viterra owned a 34% interest in Canadian Fertilizer Limited CFI, a large urea and ammonia plant. The company also operated several value-added processing businesses, including wholly owned subsidiaries like Dakota Growers Pasta Company, 21st Century Grain, making it the largest producer of industrial oats in North America,
490-600: A new brand identity, building off the Viterra brand that was created in 2007. In 2022, Gavilon was purchased by Viterra for $ 1.1 billion. It is expected Gavilon will be fully integrated in Viterra by early 2023. In 2023, a merger with Bunge Limited was announced. Western Canada Western Canada , also referred to as the Western provinces , Canadian West or the Western provinces of Canada, and commonly known within Canada as
539-508: A small area that has prevented them from hunting and practicing their traditions. Also, in January 2003, opposition from the tribe had led to the killing of their chief Marcus Vernon by ranchers. In 2012, survivors were requesting Bunge follows the example of the company Raízen , which agreed to stop the sourcing of sugarcane from the area. In May 2017, Glencore in Switzerland began pursuing
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#1732844367178588-632: Is also composed of members from the federal Conservative Party's right-wing and many former Reform Party supporters. Following the 2017 provincial election in British Columbia, the British Columbia New Democratic Party formed a minority government with the support of the British Columbia Green Party , following the defeat of Christy Clark 's Liberal Party government by a vote of non-confidence. As of October 2020,
637-533: Is also involved in food processing , grain trading, and fertilizer . It competes with Cargill , Archer Daniels Midland and Louis Dreyfus . The company has approximately 32,000 employees in 40 countries. Bunge was founded in 1818 by Johann Peter Gottlieb Bunge in Amsterdam , it was relocated to Antwerp by Edouard Bunge in 1859. Edouard's brother; Ernest Bunge, took the Bunge name to Argentina in 1884, and in 1905
686-585: Is currently associated with a general Conservative Party lean, contrasted with a proportionally greater Liberal Party lean in Central and Atlantic Canada . Liberal Party strongholds exist particularly in Greater Vancouver and Winnipeg. The social democratic New Democratic Party had its origins on the Canadian Prairies and in the mining and pulp mill towns and railway camps of British Columbia and has
735-614: Is further subdivided geographically and culturally between British Columbia, which is mostly on the western side of the Canadian Rockies and often referred to as the " west coast ", and the "Prairie Provinces" (commonly known as "the Prairies "), which include those provinces on the eastern side of the Rockies yet west of Ontario - Alberta, Saskatchewan and Manitoba. Alberta and British Columbia are also sometimes subcategorized together, either as
784-658: Is largest city proper at over 1.2 million people. As of the 2016 Census, Statistics Canada recognized ten census metropolitan areas within Western Canada, including four in British Columbia, three in Alberta, two in Saskatchewan, and one in Manitoba. The following is a list of these areas and their populations as of 2016. From 2011 to 2016, the fastest growing CMAs in the country were the five in Alberta and Saskatchewan: Calgary (+14.6%), Edmonton (+13.9%), Saskatoon (+12.5%), Regina (+11.8%) and Lethbridge (+10.8%). These were
833-492: Is one of the world's largest net exporters of both energy and agricultural commodities. Approximate breakdown: Energy: Agriculture: Bunge Limited Bunge Global SA ( BUN-ghee ) is a global agribusiness and food company , incorporated in Geneva, Switzerland and headquartered in St. Louis , Missouri , United States. As well as being an international soybean exporter, it
882-399: Is open to cold Arctic weather systems from the north, which often produce extremely cold conditions in winter. Winters are generally quite cold, though some areas can experience a phenomenon known as the " Chinook wind ", wherein warm winds raise the winter temperatures temporarily. In contrast, summers can fluctuate from cool to hot and are generally wetter. Saskatchewan and Manitoba have
931-576: Is the world's largest oilseed processor, the world's number one seller of bottled vegetable oil to consumers and the largest producer and supplier of fertilizers to farmers in South America . In 2002, Bunge acquired Cereol, parent of oilseed companies Central Soya and CanAmera Foods. In 2008, Bunge acquired Walter Rau, a margarine company, from Germany. In 2009, Bunge acquired the margarine business from Raisio Group , maker of functional food ingredients. In 2017, Bunge announced intentions to acquire
980-505: The Pacific Ocean to the west, while Manitoba has a coastline on Hudson Bay in its northeast of the province. Both Alberta and Saskatchewan are landlocked between British Columbia and Manitoba. The Canadian Prairies are part of a vast sedimentary plain covering much of Alberta, southern Saskatchewan, and southwestern Manitoba. The prairies form a significant portion of the land area of Western Canada. The plains generally describes
1029-584: The "Rockie Provinces" or "mountain provinces" owing to both hosting large swathes of the mountain range, or due to shared socioeconomic factors such as their highly urbanized populations (three of Canada's five largest cities are Calgary , Edmonton , and Vancouver ) and significant interprovincial mobility between the two. Alberta and Saskatchewan, having once been united as a single territory, are also sometimes subcategorized together due to shared political and economic histories, as well as similar historic migratory patterns from Eastern Europe. The capital cities of
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#17328443671781078-568: The BC NDP hold a majority government in the legislature. The New Democratic Party holds a majority in the Manitoba legislature. The 2023 Alberta general election reduced the United Conservative Party 's seat count, but they held on to a majority. The Saskatchewan Party holds a supermajority government in its legislature. Energy and agriculture are Western Canada's dominant industries – and this region, with only 11 million inhabitants,
1127-507: The Greens hold 1. Western alienation refers to the notion that Western Canada has been excluded economically and politically from the rest of Canada. The West has been the most vocal in calls for reform of the Senate , in which Ontario, Quebec , and particularly Atlantic Canada are seen by some westerners as being over-represented. The population of Ontario alone (13.1 million) exceeds that of all
1176-707: The Hudson's Bay Company, which controlled most of the current area of Western Canada, northern Ontario and northern Quebec, the area known as Rupert's Land and the North-Western Territory . In 1870, the British government transferred the lands of the company to Canada. The area of Western Canada not within British Columbia was established as the Northwest Territories under Canadian control. The western provinces other than British Columbia were established from areas of
1225-484: The Northwest Territories: As of the 2016 Census , the total population of Western Canada was nearly 11.1 million, including approximately 4.65 million in British Columbia, 4.07 million in Alberta, 1.1 million in Saskatchewan, and 1.28 million in Manitoba. This represents 31.5% of Canada's population. Vancouver is the largest metropolitan area in Western Canada at nearly 2.5 million people, while Calgary
1274-464: The Pacific Ocean. Winters are typically wet and summers relatively dry. These areas enjoy the mildest winter weather in all of Canada, as temperatures rarely fall much below the freezing mark. The mountainous Interior of the province is drier and has colder winters, but experiences hotter summers than the more moderate coastal areas. Lytton, British Columbia , a small town that sits at the confluence of
1323-581: The Rocky Mountains to the east and the Pacific Ocean to the west. The Canadian Rockies are part of a major continental divide that extends north and south through western North America and western South America . The continental divide also defines much of the border between Alberta and British Columbia. The Columbia and the Fraser Rivers have their headwaters in the Canadian Rockies and are
1372-689: The Senate were a body that had more direct political power (for example via an arrangement more similar to the structure of the Australian Senate or the United States Senate rather than the UK model), then their region would have more of its concerns addressed at the federal level. Other westerners find this approach simplistic and either advocate keeping the status quo or may support other models for senate reform. The combination of all of these issues has led to
1421-546: The Thompson River holds the record for the hottest temperature ever recorded in Canada at 49.6 °C (121.3 °F) on 29 June 2021, and is regularly referred as Canada's hot spot in summer with temperatures easily reaching the mid to high 30 °C 's (upper 90s to low 100s °F) in July and August and sometimes top 40 °C (104 °F). Alberta has a dry continental climate with warm summers and cold winters. The province
1470-582: The US. The lawsuit claimed Bunge violated the Clean Air Act by constructing major modifications that increased emissions. Bunge was required to implement engineering changes and pollution control projects, estimated to cost $ 12 million, to reduce emissions at the facilities by 2,200 tons a year. The settlement also called for Bunge to pay a cash penalty of $ 625,000 and to spend $ 1.25 million to fund community-based environmental projects selected by and to be supervised by
1519-678: The West , is a Canadian region that includes the four western provinces just north of the Canada–United States border namely (from west to east) British Columbia , Alberta , Saskatchewan and Manitoba . The people of the region are often referred to as "Western Canadians" or "Westerners", and though diverse from province to province are largely seen as being collectively distinct from other Canadians along cultural, linguistic, socioeconomic, geographic and political lines. They account for approximately 32% of Canada's total population. The region
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1568-418: The acquisition of Bunge. In early June 2017, Bunge hired advisers to help it fend off Glencore's takeover interest. In January 2017, Archer Daniels Midland agreed to sell its crop risk services (insurance) unit to Validus Holdings for $ 127.5 million. On January 19, 2018, it was reported that Archer Daniels Midland had approached Bunge Ltd. about a takeover, with details "unclear." At that point, Bunge had
1617-619: The arrival of European colonization . As Britain colonized the West, it established treaties with various First Nations, took control of other areas without opposition and fought with other First Nations for control of Western Canada. Not all lands were ceded by the First Nations to British control and land claims are still ongoing. In 1858, the British government established the Colony of British Columbia , governing that part of Canada still known as British Columbia. The English government established
1666-559: The business extended to Brazil and later on to the United States. The company was converted into the Bermuda -registered Bunge International in 1994, retaining the Bunge y Born name only in Argentina. Bunge remained a privately held company of 180 shareholders (including the longtime controlling family interests) and divested itself in 1998 of almost all its retail foods interests in favor of
1715-487: The concept known as Western alienation , as well as calls for Western Canada independence by various fringe groups. Regarding provincial politics, from May 2001 to June 2017, the British Columbia Liberal Party formed the provincial government in British Columbia, though despite the name is not formally allied with the federal Liberal Party and is widely seen as centre-right or conservative in nature. It
1764-594: The expanses of largely flat, arable agricultural land which sustain extensive grain farming operations in the southern part of the provinces. Despite this, some areas such as the Cypress Hills and Alberta Badlands are quite hilly and the prairie provinces contain large areas of forest such as the Mid-Continental Canadian forests . In Alberta and British Columbia, the Canadian Cordillera is bounded by
1813-408: The four western provinces, from west to east, are: With the exception of Winnipeg, which is the largest city in Manitoba, all other western provincial capitals are in the second-largest metropolitan areas of their respective province. The largest cities are Vancouver , Calgary , and Saskatoon respectively. Western Canada is the traditional territory of Indigenous and First Nations predating
1862-545: The impacted states. In November 2005, Bunge created a Europe production joint venture biodiesel with French company KBBV and Diester Industrie. The new company received the name Diester Industrie International. The joint venture will produce biodiesel in Germany , Austria and Italy . The total capacity of the plants will reach 430 thousand tons biodiesel per year. As of 05 Feb 2020 A noteworthy case of transfer mispricing came to light in 2011 in Argentina involving
1911-545: The merger, with 75 percent required to pass the resolution. On March 15, 2012, Viterra announced that it had received takeover offers from multiple parties. Glencore was revealed to have offered a takeover bid of $ 6.1 billion. It intended to immediately sell off its Canadian assets to Agrium and Richardson International while retaining Viterra's overseas assets. The takeover deal was completed in December 2012. Following Glencore's takeover of Viterra in December 2012, Viterra underwent some major changes. Viterra Inc. (Viterra)
1960-501: The older structure in which individual shareholders had stakes in all the different Bunge companies. Now only in Argentina does the Bunge y Born name still exist. In 2001, under the leadership of Alberto Weisser, Bunge was listed on the New York Stock Exchange. Through their three businesses— agribusiness , fertilizer , and food products—they have established a leading global presence in the farm-to-consumer food chain. Bunge
2009-405: The only CMAs in the country to register growth over 10%. The three fastest growing CMAs - Calgary, Edmonton, and Saskatoon - were unchanged from the previous intercensal period. Western Canada consists of the country's four westernmost provinces: British Columbia, Alberta, Saskatchewan and Manitoba. It covers 2.9 million square kilometres – almost 29% of Canada's land area. British Columbia adjoins
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2058-645: The recorded profits earned in the country. According to the country’s revenue and customs service, the outstanding taxes amounted to almost USD 1 billion. The companies involved have denied the allegations. To date, the Argentinian tax authorities have not replied to the Swiss NGO Public Eye ’s request regarding the current state of the case. In its 2018 annual report to the US Securities and Exchange Commission (SEC), Bunge mentioned provisions which suggest that
2107-577: The second- and third-largest rivers, respectively, to drain to the west coast of North America. To the west of their headwaters, across the Rocky Mountain Trench , is a second belt of mountains, the Columbia Mountains , comprising the Selkirk , Purcell , Monashee and Cariboo Mountains sub-ranges. The coast of British Columbia enjoys a moderate oceanic climate because of the influence of
2156-610: The third largest producer of pasta on the continent, the largest malt producer in Australia, a large producer of canola and a leading producer of animal feed in New Zealand. At the time of the Glencore's March 2012, back-to-back purchase-and-agreement of Viterra's assets to Agrium, which paved the way for Glencore's purchase of Viterra, in December 2012, Viterra was generating "$ 2.4-billion in revenue and $ 244-million in EBITDA" and operated
2205-575: The western provinces combined. The total population of Atlantic Canada, however, is 2.3 million, and this region is represented by 30 senators. Thus, Ontario is under-represented, Quebec has representation proportional to its population and the Atlantic provinces are over-represented. Westerners have advocated the so-called Triple-E Senate , which stands for "equal, elected, effective." They feel if all 10 provinces were allotted an equal number of senators, if those senators were elected instead of appointed, and if
2254-622: The world’s four largest grain traders: ADM , Bunge, Cargill and Louis Dreyfus Company . Argentina’s revenue and customs service began an investigation into the four companies when prices for agricultural commodities spiked in 2008 and yet very little profit for the four companies had been reported to the office. As a result of the investigation, it was alleged that the companies had submitted false declarations of sales and routed profits through tax havens or through their headquarters. In some cases, they were said to have used phantom firms to buy grain and had inflated costs in Argentina in order to reduce
2303-599: Was acquired by a Glencore purchaser, 8115222 Canada Inc. and merged under the Canada Business Corporations Act (CBCA). The new board of directors includes Mr. Chris Mahoney (Director of Agricultural Products of Glencore), Mr. Ernest Mostert (Financial Manager of Glencore Grain), Mr. Robert Wardell and Mr. Larry Ruud (President & CEO One Earth Farms Corp). In preparation for Glencore's acquisition of Viterra in December 2012, in March 2012, Agrium Inc entered into
2352-554: Was at that time the largest grain handler in Western Canada. Viterra's predecessors were the grain-trading co-operatives set up in Canada during the 1920s known as the wheat pools . It has since acquired the former Australian government-sponsored monopsony marketing board , the Australian Barley Board , created in 1939. On 19 May 2009, Viterra announced it would buy Australian ABB Grain for C$ 1.4 billion. On 9 September, 84 percent of ABB shareholders voted in favour of
2401-595: Was ranked 18th on FoodTalks' Global Top 40 Plant Protein Producers list. A 2023 Bloomberg Businessweek described Bunge's food science pivot. In 2023, a merger with Viterra was announced. The company's operations include: In 2006, the United States Environmental Protection Agency filed charges against Bunge company regarding pollution emissions. This involved twelve soybean processing plants and corn mills in eight states throughout
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