CERES GLOBAL AG CORP. REPORTS STRONGEST SECOND QUARTER IN HISTORY

Minneapolis, MN (February 10, 2022) – Ceres Global Ag Corp. (TSX: CRP) (“Ceres” or the “Corporation”)
today announced its financial and operating results for the quarter ended December 31, 2021. All amounts
are in U.S. currency unless otherwise noted.

CEO Commentary
“A strong second quarter capped the best six‐month period in Ceres’ history,” said Robert Day, President
and Chief Executive Officer of Ceres. “Despite smaller crops and lower inventories across the industry, we
continued to find needed supply for key customers and consistently delivered high quality product on
time. Key to our success again this quarter was our solid operational execution and strategic positioning
ahead of the 2021 crop year. As a result, we achieved higher net trading margins, higher gross profit and
a much‐improved bottom line. Contributing to our positive results was our recently expanded soybean
crush plant in Jordan, Manitoba, which ran at full capacity during the quarter and produced the best
financial results in the plant’s history.”

PRESS RELEASE