Agribusiness

Glencore Ag rebrands as Viterra, March biggest ever rail month

Grain Central, May 10, 2021

Thevenard is one of Viterra’s six bulk grain terminals in South Australia. Photo: @zacgurney

GLENCORE Agriculture in Australia has rebranded to Viterra to fall into line with the global rebrand which occurred last November.

Viterra chief executive officer for Australia and New Zealand Tim Krause said uniting the business under a single name strengthens access to markets for Australian growers.

“Our global network of people, storage, handling and transport assets and marketing offices creates significant value for our grower customers in Australia by connecting them with consumers around the world,” Mr Krause said.

Viterra operates in 37 countries and employs 17,500 staff globally.

In Australia, Viterra has 800 employees, and originates, store, handles, transport and markets a range of agriculture commodities including grains, oilseeds, pulses and cotton.

It is one of Australia’s largest buyers of commodities nationally, and purchases directly from growers as well as traders.

It owns and operates six ports and 48 up-country receival sites in South Australia, and one in western Victoria, and is also one of Australia’s largest importers of protein meals.

Viterra is one of Australia’s largest container-packing and processing businesses, with facilities in southern and eastern Australia.

It publishes weekly receival reports during the SA winter-crop harvest period, and monthly reports outside that.

Its most recent report was released last week, and said SA growers had delivered over 6663 tonnes of grain into Viterra’s network between April 5 and May 2.

“During April we shipped over 500,000t to 11 different countries through all six of our export terminals,” chief operations officer James Murray said.

At upcountry rail sites, Mr Murray said Viterra staff had out-turned close to 200,000t during April.

“This follows 215,000t transported by rail in March, which was our busiest ever month.

“We also transported grain through our network by road with over 4500 truck movements this month.”

Source: Viterra

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