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.

The mill will have the capacity to grind more than 600,000 tonnes of wheat per year.

Pedro Parente will step down effective June 30.