Agrocorp is pleased to announce it has entered into a purchase agreement with Veikle Grain Ltd to buy the Veikle Grain Terminal in Cut Knife, Saskatchewan.
Located in Northern Saskatchewan on a main CP Rail line, the Cut Knife plant handles pulses, grains, and oilseeds. Carl Veikle has been a longstanding member of the grain community and Agrocorp is looking forward to growing the existing relationships with local producers and expanding our network in the North Western Saskatchewan draw area.
CP Rail has been a great partner on this project and has been a significant boost in the project’s expedition. Agrocorp is looking forward to their continued support with future business and further plans for expansion.
Colin Topham, Managing Director of Agrocorp Canada says, “We continue to accelerate our bulk vessel and containerized business in Canada, both in major grains and specialty crops. With the United Nations declaring 2016 the international year of pulses, Canadian growers are stepping up to meet the challenge of fast growing international demand by planting more acres. As Canada transitions to become the major supplier of protein for the world’s increasing population, we at Agrocorp are excited to be a part of this global story.”
Agrocorp has expansion projects planned for both the rail and storage capacity with the rail expansion slated to finish in the fall adding 80,000MT of capacity to its supply chain.
Agrocorp International is a wholly owned subsidiary of Agrocorp International Pte. Ltd., a multinational agricultural trading company based out of Singapore with 17 global office locations. It is one of the largest pulse trading houses in the world, specialized in exporting, trading, and processing a diverse array of agricultural commodities. Agrocorp handles over 5 million metric tons of product each year and has an annual turnover of $1.9 billion USD.
To learn more about Agrocorp and the new plant, visit www.agrocorp.ca and follow our social media links noted below. To contact our Moose Jaw head office, call: 306 693 8887