Quarterly earnings at Canadian grain handler Viterra Inc (VT.TO) (VTA.AX) surpassed expectations on Wednesday, extending the gains its shares have made already this year on soaring crop prices. Fears of food inflation have helped lift Viterra shares 19 percent so far in 2011, and they closed on Wednesday 54 Canadian cents, or 5.2 percent, higher at C$11.07 in Toronto, touching a 14-month high. In a conference call with analysts, Chief Executive Mayo Schmidt said it's unlikely, however, that crop and fertilizer prices will reach the peaks of 2008 again this year.
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