MINNEAPOLIS, July 19, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) a global agricultural, energy and industrial products merchandising and supply chain company, is pleased to announce that David Rotenberg has agreed to serve as an additional member of the Board of Directors of the Corporation, effective July 19, 2021.

David Rotenberg is a Principal at Bixby Bridge Capital, LLC (“Bixby”), a private investor and lender founded in 1992 and headquartered in Northbrook, Illinois, and certain affiliates of Bixby are investors with Ceres’s largest shareholder, VN Capital Fund C, LP. Mr. Rotenberg’s … Continue Reading

MINNEAPOLIS, Minn., June 29, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) a global agricultural, energy and industrial products merchandising and supply chain company, is pleased to announce the promotions of Pat Gathman and Dusty Clevenger, effective July 1, 2021.

Pat Gathman, Director of Agricultural Operations, is being promoted to Vice President – Operations.  Mr. Gathman joined Ceres in 2019 and has brought exceptional leadership to the operations function across Ceres with a focus on safety, talent development, and operational excellence. Prior to joining Ceres, he was with Bunge and Cargill… Continue Reading

MINNEAPOLIS, June 18, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) a global agricultural, energy and industrial products merchandising and supply chain company, today announced that the Corporation and certain of its current and former personnel have received subpoenas from the US Department of Justice to produce documents and other records regarding the Corporation’s trading and other related activities, with a particular focus on the Corporation’s oat market trades from 2016 to 2019. Ceres also received a voluntary document request from the US Commodities Futures Trading Commission seeking similar information.

Ceres has cooperated, and … Continue Reading

MINNEAPOLIS, Minn., June 14, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) a global agricultural, energy and industrial products merchandising and supply chain company, announced that it has entered into a five-year senior secured $50 million term debt credit facility with the Bank of Montreal (“BMO”) that includes a $30 million term loan draw that will be used to retire the Company’s term loan with Bixby Bridge Fund IV, LLC (“Bixby”) along with an additional $20 million delayed draw committed term loan that will be used to fund future growth projects and initiatives. The … Continue Reading

Facility to capitalize on surging oilseed demand from green energy economy

MINNEAPOLIS, Minn., May 25, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres Global” or the “Company”), a global agricultural, energy and industrial products merchandizing and supply chain company, announced plans today to build a $350 million integrated canola processing facility in Northgate, Saskatchewan, to help meet the current and growing global demand for canola products. The state-of-the-art facility will have capacity to process 1.1 million metric tons of canola and refine over 500 thousand metric tons of canola oil, for both food and fuel, … Continue Reading

MINNEAPOLIS, May 14, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) today announced its financial and operating results for the quarter ended March 31, 2021. All amounts are in U.S. currency unless otherwise noted.

Third Quarter Highlights

MINNEAPOLIS, April 30, 2021 /CNW/ – 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.  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 … Continue Reading

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 … Continue Reading

Farmers Grain, LLC to enhance region’s grain handling capacity

MINNEAPOLIS, MN, Feb. 11, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres Global” or the “Company”), a global agricultural, energy and industrial products merchandizing and supply chain company, announced today that its subsidiary, Riverland Ag Corp. (“Riverland”) and Farmer’s Cooperative Grain and Seed Association (“FCGS”) have completed the formation and establishment of Farmers Grain, LLC, which includes a grain merchandising facility based in Thief River Falls, Minnesota (the “Joint Venture”).  The Joint Venture will commence an expansion project in the spring of 2021 designed to enable loading unit … Continue Reading

MINNEAPOLIS, MN, Feb. 1, 2021 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Company”) today announced that it will report its fiscal 2021 second quarter financial results on Friday, February 12, 2021. Ceres will hold a conference call to discuss its second quarter financial and operational results on Friday, February 12, 2021 at 9:00 a.m. ET.  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 … Continue Reading

MINNEAPOLIS, Nov. 30, 2020 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) today announced that its wholly owned subsidiary, Riverland Ag Corp. (“Riverland”) has entered into an agreement with Farmer’s Co-op Grain and Seed Association (“FCGS”), an agricultural cooperative based in Thief River Falls, Minnesota, to form a grain merchandising joint venture to be based in Thief River Falls (the “Joint Venture”). FCGS will contribute its existing grain elevator and related grain merchandising assets in Thief River Falls to the Joint Venture, with Riverland contributing cash. The transaction is expected to close in January … Continue Reading

MINNEAPOLIS, MN, Nov. 12, 2020 /CNW/ – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”) today announced its financial and operating results for the quarter ended September 30, 2020. All amounts are in U.S. currency unless otherwise noted.

CEO Commentary

“While volumes and sales revenue increased from the same quarter one year ago, profitability was lower due to a reduction in trade margins,” said Robert Day, President and Chief Executive Officer of Ceres. “Stronger-than-expected Chinese demand for U.S. soybeans and corn has driven U.S. rail freight higher, which negatively impacted our ability to export core … Continue Reading