MINNEAPOLIS, MINNESOTA, US — Ceres Global Ag Corp. on June 18 announced that the corporation and some of its current and former personnel have received subpoenas from the US Department of Justice to produce documents and other records regarding its trading and other related activities, with a particular focus on Ceres’ oat market trades from 2016 to 2019.

    Ceres, a global agricultural, energy and industrial products merchandising and supply chain company, said it also received a voluntary document request from the US Commodities Futures Trading Commission seeking similar information.

Ceres said it has cooperated, and will continue to cooperate, with both investigations, and that “more information will be provided in due course as is appropriate.”

Ceres is headquartered in Golden Valley, Minnesota, US, and together with its affiliated companies, operates 13 locations across Saskatchewan, Manitoba, Ontario, and Minnesota. These facilities have an aggregate grain and oilseed storage capacity of approximately 31 million bushels.

Ceres has a 50% interest in Savage Riverport, LLC (a joint venture with Consolidated Grain and Barge Co.), a 50% interest in Farmers Grain, LLC (a joint venture with Farmer’s Cooperative Grain and Seed Association), a 50% interest in Gateway Energy Terminal (an unincorporated joint venture with Steel Reef Infrastructure Corp.), a 25% interest in Stewart Southern Railway Inc. (a short-line railway located in southeast Saskatchewan with a range of 130 kilometers), and a 17% interest in Canterra Seed Holdings Ltd. (a Canada-based seed development company).