December 17, 2012

The first vessel of feed barley to be shipped to Japan in the new open market environment was successfully loaded by Richardson International Limited.
Richardson recently loaded a total of 42,500 tonnes of feed barley, which originated from Richardson Pioneer elevators in Saskatchewan and Alberta, on the MV Mendocino and MV Coral Garnet out of the Port of Prince Rupert destined for Japan.
Terry James, Richardson's Vice-President, Export Marketing, said "With tight global feed grain stocks presenting opportunities for growers, we can now make the most of those opportunities by being able to ship our customers' grain directly to the marketplace in Japan."
Following the enactment of the Marketing Freedom for Grains Farmers Act on August 1, Richardson has been successful marketing farmers' wheat and barley directly to end-use customers around the world. In November, Richardson shipped malting barley to South Africa and Colombia out of Vancouver. Richardson shipped 49,000 tonnes of feed barley to Saudi Arabia in early October out of the Port of Churchill. This was the first vessel to load barley in the Port of Churchill since 1992 and the largest barley shipment ever to occur out of Churchill.
As a result of the new open market, Richardson has been able to further develop relationships with its overseas customers and provide access to new end-use markets for Canadian farmers. Richardson can now ship multi-commodity vessels to customers around the world, loading wheat, barley, rapeseed and peas in combination shipments to capture freight advantages.
Richardson International is Canada's largest, privately owned agribusiness and has served farmers across the country for more than 150 years. It is recognised as a global leader in agriculture and food processing.