Copyright 2012 Riverland Ag Corp
Riverland Ag Corp
Riverland Ag Corp (“Riverland Ag”), an agricultural grain storage and supply chain management business established in 2007, owns and operates 15 grain storage facilities in Minnesota, North Dakota, Wisconsin, Wyoming, New York, and Ontario with a aggregate storage capacity of approximately 56 million bushels (see map).
Riverland Ag is focused on cereal grain storage, customer-
The facilities of Riverland Ag are strategically located, with excellent rail, truck
and ship transportation logistics and in close proximity to major grain-
Several of its facilities are qualified as “regular for delivery” locations for certain
futures contracts on the Minneapolis and Chicago futures exchanges, allowing the
company to earn carrying charges against grain stored for delivery to the exchanges
by matching deliverable cash inventories with futures contracts. Currently, the majority
of Riverland Ag’s storage space is utilized to capture grain arbitrage and merchandising
opportunities. The balance is utilized to service third-
Riverland Ag is a wholly owned subsidiary of . (“Ceres”). Besides its investment in Riverland, Ceres has significant capital available to invest in the growth of this business and related businesses in the agriculture sector. Ceres common shares trade on the Toronto Stock Exchange under the symbol “CRP”.