Regina—By fiscal 2014, Viterra Inc. expects its EBITDA to increase C$40-$50 million per year due to passage of the Marketing Freedom for Grain Farmers Act in Canada. Under the law, growers now have the freedom to sell their wheat, durum, and barley to buyers of their choice for delivery on or after Aug. 1, 2012. Previously, the Canadian Wheat Board had a monopoly over the purchase of those products for export and human consumption. Viterra expects to see a 1-2.5 percent market share increase. It expects some modest benefits in the fourth quarter of 2012, with more impact coming in 2013 and beyond.
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