Is Ceres Global Ag Corp. a Buy?

Ceres Global Ag Corp. procures and provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain; Supply Chain Services; and Seed and Processing segments. It engages in the procurement, storage, handling, trading, and merchandising of commodity and specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses through 10 grain storage and handling facilities in Minnesota, Manitoba, Saskatchewan, and Ontario. The company also provides logistics, storage, and transloading services for commodities and industrial products. In addition, it is involved in the soybean crush, specialty crops blending, birdfeed production, and seed distribution businesses. The company was incorporated in 2007 and is headquartered in Minneapolis, Minnesota.