Seaboard acquired a second pulse processing facility in Saskatchewan, Canada. This is an acquisition of a known entity (Blue Hills Processors), and staff with whom Seaboard has developed a high degree of confidence in their procurement and product quality capabilities.
The facility has a storage capacity of 15,000 MT; it can process and ship in excess of 150,000 MT of pulses annually. It is situated in the heart of the lentil, pea, and chickpea production area, and will focus on the higher value and higher gross margin pulse crops.
The addition of this facility is expected to help the Seaboard Special Crops group reach 500,000 MT annually of Canadian pulse crop exports.