Global commodity trading firm, Vicago Group, has formally expanded into the Canadian market.
This is even as the firm commenced the origination of wheat and soybeans as a part of its broader international growth strategy.
The development marked a significant milestone for the company as it deepens its footprint in major agricultural production hubs and strengthens its global supply chain architecture.
Canada is widely recognised as one of the world’s leading producers of high-quality wheat and soybeans.
By establishing an operational base in the country, the group aimed at enhancing efficiency, ensuring quality consistency and improving supply reliability for its institutional and industrial buyers across Africa, the Middle East and other key markets.
Speaking on the expansion, Mr. Akinjide Agosile, Chief Executive Officer, Vicago North America, said the move has positioned the company closer to one of the most reputable grain-producing regions globally.
“Expanding into Canada strengthens our ability to originate directly from a highly reputable and transparent agricultural market.
“It enhances supply security for our partners and reinforces our commitment to building dependable global trade infrastructure,” Agosile said.
He noted that the Canadian origination desk will focus primarily on various grades of wheat suitable for milling and industrial applications, as well as soybeans for food processing, feed and industrial use.
According to the company, the expansion reflected a deliberate strategy to build resilient and diversified supply chains amid increasing volatility in global commodity markets.
“By operating closer to source markets while maintaining strong distribution channels into demand-driven regions, Vicago is positioning itself as a more structured, multi-origin global commodity platform,” the CEO said.
With operational offices in Nigeria and Canada, the CEO said it remains committed to connecting surplus-producing regions with high-demand markets as global concerns around food security and agricultural inputs continue to grow.