Viterra Inc.

Viterra Inc.

April 09, 2012 19:03 ET

Viterra Breaks All-Time Monthly Shipping Record

ADELAIDE, SOUTH AUSTRALIA--(Marketwire - April 9, 2012) - Viterra (TSX:VT) (ASX:VTA) has broken another all- time shipping record, with more than 900,000 tonnes of grain exported from its South Australian ports in March, 2012.

The 912,029 tonnes of grain shipped during March has exceeded the previous monthly record of 839,658 tonnes shipped in February 2004.

Dean McQueen, Executive Manager Grain, said the outstanding March shipping results reflected the efficiency of not only the ports, but the entire storage and handling network in South Australia.

"It is thanks to our employees that exports are being facilitated in such an effective way enabling us to consistently break record after record," he said.

"Last year, we broke the calendar year record by shipping 8.41 million tonnes of grain on behalf of 15 exporters, and now, only three months into 2012, we've shipped 2.39 million tonnes from the State."

Viterra's newest port, Outer Harbor, also reached a new record for grain exported during one month, shipping 244,000 tonnes in March.

"The through-put we're seeing, despite high world grain stocks, demonstrates the global demand for South Australian grain and is a positive result for the State, marketers and growers alike," he said.

About Viterra

Viterra 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.

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