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Tag: Ceres

Ceres third-quarter results reveal marginal losses of US$0.5M to market volatility and extreme weather

USA- Minnesota-based Agri commodity trader Ceres Global Ag Corp released its third quarter results, revealing marginal losses that resulted from market volatility and extreme weather due to the La Niña phenomenon. According to the results, Ceres sustained a loss of US$553,000 in the third quarter ended March 31.  Additionally, the adjusted net income totaled US$410,000, down from US$2.46 million in…

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Coyle resigns as independent director for Ceres Global Ag, becomes consultant 

USA- Thomas Coyle has stepped down as an independent director of the board of directors at Ceres Global Ag Corp. and will take on a bigger role as a consultant to the company.  Ceres appointed Coyle to the board as an independent director effective 1st October 2022. In addition to this role, he also led the board’s oversight of Ceres’…

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LAC finalizes US$4M purchase of Port Colborne facility from Ceres Global

CANADA – London Agricultural Commodities has finalized the acquisition of a grain elevator facility in Ontario, Canada, from Minnesota-based Agri commodity trader Ceres Global. The US$4 million deal was finalized in February and is the culmination of a relationship dating back to 2019 when Ceres first provided LAC storage and handling services from its Port Colborne. LAC for the past…

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Ceres welcomes new Vice president, Jennifer Henderson as focus on regenerative agriculture intensifies

USA- Ceres Global AG Corp appointed Jennifer Henderson to succeed Glen Goldman as vice president, general counsel, and corporate secretary. Goldman stepped down on 31st December 2022 and has since been working with the Minnesota-based commodity trading company on a consultative basis. “We thank Glen for his contributions to Ceres over the last four years and wish him continued success…

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