Nexera Canola

Weyburn Inland Terminal is now offering 2012 Identity Preserved production contracts for Nexera canola.   Nexera is a specialty canola whose oil carries a premium value over the price of regular commodity canola.  Nexera canola is used by specific end users in the snack industry to provide a ‘healthier’ oil option. 

The Nexera contract premium is guaranteed on 100% of your production and varies with the different delivery period options that you can choose from.  The newest variety, Nexera RR Hybrid 1012, has shown to be very competitive in Saskatchewan yield trials this summer with some results being equal to and/or exceeding InVigor and other Hybrid varieties.  The W.I.T. Nexera contract also offers an Act of God protection with delivery options from September 2012 to August 2013. 

Please call The Terminal’s Merchandising Department at 842-7436 to discuss how a W.I.T. Nexera contract fits into your grain marketing plan and/or the Crop Input Department to get the latest agronomic information on Nexera.

The first half of Fiscal 2011 was profitable for Weyburn Inland Terminal Ltd.; however operations have been impacted by consecutive years of flooding in the Company’s core market area.  

WIT reported after-tax earnings of $904,000 ($0.17/share) for the January-to-June period — down from $3.566M ($0.67/share) in the same period in Fiscal 2010.  The Company had reduced earnings across all business operations primarily as a result of a 25% reduction in seeded acres in 2010 and 75% reduction in 2011.

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