GREY:VTRAF - Post by User
Comment by
swpbon Aug 03, 2010 1:25am
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Post# 17316187
RE: Viterra, take your money and run.
RE: Viterra, take your money and run.Viterra has operations in western Canada, Austrailia and New Zealand. They have some operations in the US and offices in Japan, Singapore, China and Switzerland. I don't see any Russia operations here. Rather, I see any crop distress in Russia may help raise the price of world wheat and create more business for VT in terms of more seed and fertilizer sales.
It remains to be seen if 2010 is a writeoff. The rising debt is not nice, but it doesn't seem to bother Mayo. Perhaps it is time for Mayo to retire.