Company says facility does not fit long-term strategy.

Heartland Harvest produces die cut pellets used to make extruded foods.

Potential bid from Bunge considered 'substantially greater' than in the past.

Fourth quarter results down on mark-to-market impacts and weakness in the Chinese market.

Kabbes was previously senior vice-president of corporate and legal affairs.

Plentiful grain supplies, falling prices and slow farmer selling in South America created a challenging market environment.

The facility will export around 450,000 tonnes per year.

Sales in the segment increased 11% to $12.86 billion.

Experienced executive with global experience environmental, health, safety and quality issues to bring important perspective to the board.

Losses in grain trading and distribution along with depressed crushing in China hurt results.