Buyer found for North West Terminal grain business—now it’s up to shareholders on whether to accept the offer

Sep 23, 2025

Bunge Canada has put an offer on the table to purchase the North West Terminal (NWT) grain elevator in Unity.

A news release puts the purchase price at $27-million, but a final number will be disclosed to the approximately 800 NWT shareholders by the end of this week. The NWT terminal has not been buying grain for over a year due to several years of red ink caused by narrow margins and lower grain deliveries.

The proposed transaction does not include the fermentation and distillation business or NWT’s minority ownership position of the Alliance Grain Terminal at the Port of Vancouver.

The North West Terminal Board of Directors states money from the sale would go to pay down the $42 million debt—adding it will give the fermentation and distillation business the greatest chance of success.

The proposed transaction will be discussed at a special shareholders meeting to be held during the week of October 20th. Two-thirds of voting shares are needed for the transaction to proceed.

CJWW Agriculture Director Neil Billinger spoke to North West Terminal Chief Executive Officer Jason Skinner on September 22nd.

Click here to see more...

Video: Dr. Emerson Nafziger: Nitrogen Fertilizer Rates for Corn

The Crop Science Podcast Show, Dr. Emerson Nafziger from the University of Illinois breaks down decades of nitrogen research. From the evolution of N rate guidelines to how soil health and hybrid genetics influence nitrogen use efficiency, this conversation unpacks the science behind smarter fertilization. Improving how we set nitrogen fertilizer rates for rainfed corn is a key focus. Discover why the MRTN model matters more than ever, and how shifting mindsets and better data can boost yields and environmental outcomes. Tune in now on all major platforms!

"The nitrogen that comes from soil mineralization is the first nitrogen the plant sees, and its role is underestimated."

Meet the guest:

Dr. Emerson Nafziger is Professor Emeritus of Crop Sciences at the University of Illinois at Urbana-Champaign, with degrees in agronomy from Ohio State, Purdue, and Illinois. His research has focused on nitrogen rate strategies and crop productivity. He co-developed the Maximum Return to Nitrogen (MRTN) model, which is widely used across the Midwest. His research spans N response trials, hybrid interactions, crop rotation effects, and yield stability.