Viterra and Farmers Edge to Deliver Variable Rate Technology

CALGARY, ALBERTA--(Marketwire - March 1, 2012) - Viterra Inc. ("Viterra") (TSX:VT) (ASX:VTA) and Farmers Edge Precision Consulting Inc. ("Farmers Edge") today announced an agreement to jointly provide variable rate technology services to farm customers in western Canada using Viterra's Virtual Soil Testing (VST) technology, AgroMax-VST.

Doug Wonnacott, Chief Operating Officer, Agri-products said, "Variable rate and AgroMax-VST enable the grower to easily determine the correct amount of nutrients required to maximize crop returns. Advanced agronomy technologies coupled with intensive soil testing provides the information needed to determine customized fertilizer requirements at the field level. This direction supports our commitment to the industry's 4R Nutrient Stewardship. We are happy to collaborate with Farmers Edge to deliver this advantage to growers."

Farmers Edge President and CEO, Wade Barnes was excited to see the use of variable technology broadened. "We are pleased to be able to work with Viterra to bring this service to farm customers to maximize economical and environmental efficiency in crop production. As the most experienced provider of variable rate services in western Canada, we believe our expertise in the field can deliver the results that growers require," he said,

Viterra's AgroMax-VST is the product of 20 years of research and development, an investment that can now be better delivered to Canadian farmers through the company's relationship with Farmers Edge, the industry leader in the successful execution of variable rate technology.

About Viterra

Viterra (TSX:VT) (ASX:VTA) provides premium quality ingredients to leading global food manufacturers. Headquartered in Canada, the global agri-business has operations across Canada, the United States, Australia, New Zealand and China, as well as a growing international presence that extends to offices in Japan, Singapore, Vietnam, Switzerland, Italy, Ukraine, Germany, Spain and India. Driven by an entrepreneurial spirit, Viterra operates three distinct business segments: Grain Handling and Marketing, Agri-products and Processing. Viterra's expertise, close relationships with producers and superior logistical assets allow the company to consistently meet the needs of discerning end-use customers, helping to fulfill nutritional needs around the world. More information about Viterra can be found at www.viterra.com.

About Farmers Edge

Leaders in variable rate technology, Farmers Edge can provide the tools to optimize the
placement of crop inputs for maximum yield and quality, resulting in higher profits on the farm. Farmers Edge provides advanced agronomy solutions, using a balance of traditional agronomy and new technology, to add value for growers as well as to the environment. To learn more about Farmers Edge, please visit FarmersEdge.ca.