Led by a private investment firm, Killer Whale Holding, Captain Drake LLC acquired the million-bushel grain terminal, with dedicated rail, in North Dakota to provide its clients with a facility to handle the demand for Non-GMO (non-genetically modified organism) commodities.
“We consider this to be another strategic asset for our food and beverage clients seeking suppliers committed to guaranteeing the integrity and purity of Non-GMO commodities throughout the supply chain. Producers know commodities stored, transported or commingled with GMO product can become contaminated,” said Mark Anderson, President. “By providing growers and end -users this key facility, Captain Drake will consolidate and streamline the sourcing of Non-GMO grain in the Red River Valley. Non-GMO seed cost less, has similar yields, and the farmer can obtain a premium for their product.”