The decline is expected to tighten domestic supplies and could weigh on Canada’s wheat exports in the coming marketing year.
Revenue rose 15% to C$4.771 billion (US$3.40B), from C$4.165 billion (US$2.97B) a year earlier.
The strategic transaction expands Commercial Bakeries’ manufacturing portfolio and strengthens its market footprint across the continent’s rapidly growing specialty, organic, and better-for-you cracker sectors.
The center will focus on trait integration, yield-trial seed processing, seed quality analysis, and advanced research into root biology, climate resilience, and crop efficiency.
The expansion is expected to improve the terminal’s operational flexibility and strengthen its role in serving domestic and international grain markets.