Page 3 - Viterra Vibe_September 2024 (Final)
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Message from Kyle








       Welcome to the fall edition of        Globally, we recently published our
       the Viterra Vibe, one of the many     half year report which contains
       channels we use across our            several successes from across our
       business to share what’s going on     business, despite an increased
       in our industry and to recognize      supply of agricultural commodities
       the achievements of our team. This    that resulted in lower prices and
       edition is full of great examples     tighter margins across our industry.
       of the many things we’re doing        The report can be found here and I
       to serve our customers, support       encourage you to check it out.
       our communities, and build on
       our leadership position with our        Harvest in Western Canada
       industry. I encourage you to keep         is about 67% complete.
       sharing your story ideas with us for     Our internal estimates are
       inclusion in future editions.
       From an industry news standpoint,        projecting that this year’s
       many of you are aware that China         production will be nearly
       recently launched an anti-dumping        80 million metric tonnes,
       investigation into canola imports      which is above our five-year
       from Canada. At this time, we’re
       watching the situation very closely    average of 75 million tonnes.
       and are working to determine the
       potential impacts to our industry.    In terms of our business             with STARS since 2015, and through
       Further, we are working with          combination with Bunge, we are       our continued partnership, we’re
       the federal government and the        continuing to work through the       directly contributing to their
       relevant industry associations to     regulatory process in Canada,        success and helping them tell their
       determine what the next steps are     Ukraine, and China. Our integration   inspirational stories. We’re off to a
       in the process. We will keep you      team continues to collaborate on     great start in this year’s campaign,
       posted with any new developments      day one readiness, refining and      and I encourage those of you
       as they unfold.                       finalizing our plans so that we’re
                                             well prepared for day one and        working at our country locations
       From an industry perspective,         beyond. I’d once again like to thank   to continue promoting calendar
       harvest in Western Canada is          everyone involved for their hard     and merchandise sales with our
       about 67% complete. Our internal      work over the last year to ensure    customers.
       estimates are projecting that this    that our business combination is     I sincerely appreciate your
       year’s production will be nearly      executed smoothly, and that we       contributions to our company,
       80 million metric tonnes, which is    maintain our focus on operational    as one team working together to
       above our five-year average of 75     excellence and superior service to   achieve our objectives. Together,
       million tonnes. We are also seeing    our customers.                       we’re helping our farmers feed the
       variable quality across our asset                                          world and that’s something we
       network, which means as a team        As you’re aware, we recently         should all take great pride in.
       we’ll have to continue working hard   marked a milestone by launching
       to find marketing opportunities for   our tenth annual calendar campaign   Thanks, and stay safe.
       our customers over the coming         with STARS to support its critical   Kyle
       months.                               life-saving service. We’ve worked





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