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Legumex Walker's Pacific Coast Canola subsidiary to begin processing Nexera canola in Washington State - Growers in Pacific Northwest to benefit from high-yield and market premiums from Nexera canola


Winnipeg, Manitoba, Canada
April 8, 2014

Legumex Walker Inc. (TSX: LWP) (the "Company") today announced that its Pacific Coast Canola ("PCC") subsidiary has entered into an agreement with Dow AgroSciences Canada Inc. ("Dow AgroSciences") under which it has been granted a license to process Nexera™ canola and produce and sell Omega-9 Quality Canola Oil at its facility in Warden, Washington. NexeraT™canola is used in the production of heart-healthy Omega-9 Quality Canola Oil, a next generation canola oil that is in increasingly high demand by food processors for its health and stability attributes.

"The ability to produce Omega-9 Quality Oil from Nexera™ canola expands our canola offerings and satisfies a growing demand for this product from our food processing customers," said Joel Horn, President and Chief Executive Officer, Legumex Walker Inc., which owns 84% of Pacific Coast Canola. "PCC's strategy is to expand its margin potential beyond the benefit of sourcing feedstock locally by focusing on new canola products such as Omega-9 Oils, which command premiums in the marketplace."

"Partnering with Dow AgroSciences allows us to bring the benefits of Nexera™ canola to growers in the Pacific Northwest," said Matt Upmeyer, Chief Operations Officer, Pacific Coast Canola. "Growing commodity canola has great agronomic benefits and growing Nexera™ canola takes that to another level, providing greater potential profitability through higher yields and pricing premiums. Dow AgroSciences provides exceptional support to NexeraTM growers and we look forward to working with them to maximize the economics for growers in the Pacific Northwest region."

Under the terms of the agreement, Dow AgroSciences, which developed and owns the rights to Nexera™ canola seed, has granted PCC a license to purchase, handle, crush and process Nexera™ canola, as well as process and sell Omega-9 Quality Oil produced from Nexera™ canola. Dow AgroSciences will provide Nexera™ seed to canola growers under contract with PCC to deliver canola feedstock to PCC's Warden, Washington facility for processing. In addition, Dow AgroSciences will work jointly with PCC to develop programs for the marketing of Nexera™ canola seed to growers, as well as to develop programs that will market Omega-9 Quality Canola Oil to potential buyers.

"We are proud to partner with Pacific Coast Canola to expand the availability of our heart-healthy Omega-9 Canola Oil to food processors, while providing canola growers in the Pacific Northwest with a new, high-yielding, premium-commanding crop alternative," said David Dzisiak, Commercial Grains & Oils, Dow AgroSciences. "Consumer demand for Omega-9 Oil is at an all-time high and Omega-9 Oil is the new standard in today's food industry."

Are You a Grower Interested in Nexera™ Canola?

Pacific Coast Canola has production contracts available for growers interested in Nexera™ canola. Growers should contact: Steve Starr at steves@pacificcoastcanola.com or 509-349-8462.

About Nexera™ Canola

Nexera™ canola is the feedstock used to produce Omega-9 Quality Canola Oil, which was developed by Dow AgroSciences to address the needs of the food industry and the health needs of North American consumers. Omega-9 Quality Canola Oil has a unique combination of high oleic and low linolenic fatty acids that has superior health, performance and sensory attributes. Omega-9 Oils feature zero trans-fats and a long shelf life, and their nutritional advantages have already resulted in the removal of more than 1.5 billion lbs. of trans and saturated fats from the North American diet.

About Dow AgroSciences Canada

Dow AgroSciences Canada Inc. brings innovation to life through people, chemistry and biotechnology in the areas of seed and crop production, and pest management. Dow AgroSciences Canada Inc. is headquartered in Calgary, Alberta, with commercial and research operations across Canada. Key research facilities include corn and soybean breeding in St. Mary's and Blenheim, Ontario, cereals breeding in Nairn, Ontario, and a global canola research center in Saskatoon, Saskatchewan.

About Legumex Walker Inc.

Legumex Walker is a growth-oriented processor and merchandiser of special crops (sunflower seed, flax and canary seed), pulses (lentils, peas, beans and chickpeas) and canola products. The Company is one of the largest processors of special crops and pulses in Canada. Legumex Walker has 15 processing facilities strategically located in key growing regions in the Canadian Prairie Provinces, the American Midwest, and China, global sales, logistics, and distribution platform and access to multimodal transportation capabilities. In addition, the Company has an 84 percent interest in Pacific Coast Canola, LLC, which operates the first and only commercial-scale canola oilseed processing facility west of the Rocky Mountains.



More news from:
    . Dow AgroSciences Canada Inc.
    . Legumex Walker Inc.


Website: http://www.dowagro.ca

Published: April 8, 2014

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