The transaction is expected to close on Aug. 19.

The transaction now needs approval by the New South Wales Second Court.

Heartland Co-op will begin operating the plant on Aug. 1.

The company’s investment totals $7 million.

It is also introducing some changes to its storage and handling services and pricing structure.

The facility is located on a shortline railroad with access to CP.

Facility can store 30,000 tonnes of grain, load 104 railcars.

Low volatility, ample inventories and other factors combining to pressure profit margins for grain merchandisers.

Brownsville Navigation District to lease a grain-handling facility located within the Port of Brownsville, Texas, U.S.

Grain cargo up 24.7%.