CERES GLOBAL AG CORP. ANNOUNCES EXPANDED REGENERATIVE AGRICULTURE PARTNERSHIP WITH MILLER MILLING

MINNEAPOLIS, Sept. 5, 2024 /CNW/ - Ceres Global Ag Corp. (TSX: CRP) ("Ceres" or the "Corporation") a global agricultural, energy and industrial products merchandising and supply chain company, today announced the continuation and expansion of their regenerative agriculture partnership with Miller Milling ("Miller"), one of the largest wheat millers in the U.S.

Ceres' regenerative agriculture program delivers local, scalable solutions to wheat growers in North Dakota. By implementing advanced nutrient practices, the program improves both agronomic and environmental outcomes, enabling the adoption of sustainable practices that enhance nutrient use efficiency. Ultimately, this benefits the entire supply chain, from growers to millers.

"Our collaboration with Miller Milling started in 2023 to support their regenerative agriculture program.  Since its inception, we have experienced significant growth and are looking forward to further expansion of this collaboration in 2025, providing Miller's extensive network of flour mills with North Dakota wheat grown using regenerative ag practices," said Carlos Paz, CEO of Ceres. "Our program de-risks the adoption of new practices for growers and fosters connections between farmers and flour millers. Through the continued success of this program, we look forward to working with Miller in this expanded partnership, furthering our vision of enabling our customers to do great things, and creating a more integrated, resilient, and efficient supply chain."

"As part of our partnership with Ceres, we've expanded our enrolled acres in the program from 4,500 acres across 5 growers to 16,800 acres across 15 growers," said Marty Moran, Senior Director of EHS & Sustainability of Miller. "Our commitment to sustainability has always been a core focus at Miller, and we're pleased to continue collaborating with Ceres to help growers improve nitrogen efficiency and reduce GHG emissions."

Ceres implements its regenerative agriculture program with a hands-on approach, being in the fields either directly or indirectly through joint ventures and third-party partners. By leveraging Ceres' comprehensive regenerative agriculture solutions and partnerships with farmers and end-users, the Corporation aims to be at the forefront of driving the adoption of sustainable growing practices.

About Ceres Global Ag Corp.

Ceres is headquartered in Golden Valley, Minnesota, and together with its affiliated companies, operates 11 locations across Saskatchewan, Manitoba, and Minnesota. These facilities have an aggregate grain and oilseed storage capacity of approximately 29 million bushels. The Corporation also owns membership interests in three agricultural joint ventures that have an aggregate grain and oilseed storage capacity of approximately 16 million bushels.

Ceres has a 50% interest in Savage Riverport, LLC (a joint venture with Consolidated Grain and Barge Co.), a 50% interest in Berthold Farmers Elevator, LLC (a joint venture with The Berthold Farmers Elevator Company), a 50% interest in Farmers Grain, LLC (a joint venture with Farmer's Cooperative Grain and Seed Association), a 41% interest in Gateway Energy Terminal (an unincorporated joint venture with Steel Reef Infrastructure Corp.), a 25% interest in Stewart Southern Railway Inc. (a short-line railway located in southeast Saskatchewan with a range of 130 kilometers).

For more information about Ceres, please visit www.ceresglobalagcorp.com. For more information about Ceres, please visit www.ceresglobalagcorp.com

Forward-looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation and United States securities laws. Forward-looking information may include, but is not limited to, statements regarding future operations and results, anticipated business prospects and financial performance of Ceres and its subsidiaries, including the plans, costs, timing and capital for the further development of the Northgate Commodities Logistics Centre, expectations or projections about the future, strategies and goals for growth, expected and future cash flows, costs, planned capital expenditures, regulatory change, general economic political and market conditions anticipated capital projects, construction and completion dates, operating and financial results, critical accounting estimates, the expected financial and operational consequences of future commitments. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "believes", "may have implications" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Key assumptions upon which such forward-looking information is based are listed in the "Forward-Looking Information" section of the MD&A for the period ended March 31, 2024. Many such assumptions are based on factors and events that are not within the control of Ceres and there is no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such forward-looking information include, among others, risks related to weather, politics and governments, changes in environmental and other laws and regulations, competitive factors in agricultural, food processing and feed sectors, construction and completion of capital projects, labour, equipment and material costs, access to capital markets, interest and currency exchange rates, technological developments, global and local economic conditions, the ability of Ceres to successfully implement strategic initiatives and whether such strategic initiatives will yield the expected benefits, the operating performance of the Corporation's assets, the availability and price of commodities and regulatory environment, processes and decisions. Although Ceres has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results that are not anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Ceres undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.

SOURCE Ceres Global Ag Corp.

For more information, please contact: Carlos Paz, President and Chief Executive Officer, Ceres Global Ag Corp, 952‐746‐6808, [email protected]; Anna Speyer, Investor Relations Manager, NATIONAL Capital Markets, 416-795-2598, [email protected]