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Bullboard - Stock Discussion Forum
Ceres Global Ag Corp
T.CRP
Alternate Symbol(s):
CERGF
Consumer Defensive
Food Distribution
Ceres Global Ag Corp. is a global agricultural, energy and industrial products merchandising and supply chain company. The Company and its subsidiaries serve agricultural, energy and industrial supply chains through sourcing, storing, transporting and marketing of agricultural commodities, value-added products and raw materials. Its segments include Grain, Supply Chain Services, and Seed and...
Processing. Its Grain segment is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes its facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, and seed distribution in western Canada. It operates approximately 11 locations in Saskatchewan, Manitoba, Ontario, and Minnesota.
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TSX:CRP - Post Discussion
Ceres Global Ag Corp
> $350 million canola crush plant
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•••
Possibleidiot01
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Post by
Possibleidiot01
on May 25, 2021 8:04am
$350 million canola crush plant
Will be interested in seeing the financing
(373)
•••
schocor
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Comment by
schocor
on Jun 07, 2021 4:00pm
So its hard to argue that this plant is not a good investment and a good sign for Ceres. That being said, this was the 3rd canola crush plant of his size announces in Saskatchewan this year - Richardson and Cargill(?) being the other two located in Regina. Ceres seems to be executing on their strategy and the Northgate terminal is quickly becoming the primary asset. I like it, I just want to buy
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