Above Food Ingredients is a Canadian agricultural company based in Regina, Saskatchewan that sources, processes, and sells grains and pulses — primarily durum wheat, peas, lentils, canola, and canary seed — grown on Western Canadian farms. The company's core business is commodity grain merchandising: buying from farmers under forward purchase contracts and selling to food manufacturers, distributors, and international buyers under forward sales contracts, earning a spread on each transaction. This commodity business, combined with a processing and value-added ingredients sub-segment, makes up roughly 97% of revenue. The ingredients sub-segment targets food manufacturers willing to pay a premium for traceable, regeneratively grown, or specially processed plant proteins and grains. A much smaller Consumer Packaged Goods segment sells branded and private-label products (quinoa, pulses, oats, dairy alternatives) through natural grocery retailers and online in Canada and the U.S., but this segment has been loss-making. Above Food is vertically integrated across seed genetics, farm-level growing practices, grain storage terminals, and a private railcar fleet. The company has grown largely through acquisitions, including NorQuin (quinoa), Farmer Direct Organic, and Culcherd (dairy alternatives), though several of these have underperformed. Above Food sells to buyers in Canada, the U.S., China, Mexico, and other markets, with its revolving credit facility against inventory and receivables acting as a key constraint on the volume of grain it can trade at any given time.
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