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The Saskatchewan Co-operative Elevator Company (SCEC) was a farmer-owned enterprise that provided grain storage and handling services to farmers in Saskatchewan, Canada between 1911 and 1926, when its assets were purchased by the Saskatchewan Wheat Pool.
Charles William Gibbings (1916-2009) was born on a farm near Rosetown, Saskatchewan, Canada on August 10, 1916.After earning a BSc in Agriculture at the University of Saskatchewan, Gibbings taught at the University's School of Agriculture and conducted youth training programs across the province, both while continuing to farm.
The first president was Alexander James McPhail, and the first grain elevator was built in Bulyea in 1925 (in the area of Section 36, Township 16, Range 15, W of the 2nd meridian). The Saskatchewan Co-operative Wheat Producers Ltd. bought out the Saskatchewan Co-operative Elevator Company in 1926.
The two farm organizations in Saskatchewan lent the pool funds, and the provincial government provided a CAN$45,000 advance. By 6 June 1924 the pool in Saskatchewan had signed up 46,500 contracts covering more than half the acreage in the province. The pool incorporated as the Saskatchewan Co-Operative Wheat Producers. [19]
In 1917, The Grain Growers' Grain Company Limited and The Alberta Farmers' Cooperative Elevator Company Limited amalgamated to form United Grain Growers Limited (UGG). In 1923, the Alberta Wheat Pool (AWP) was incorporated under the laws of Alberta. In 1924, Manitoba Pool Elevators (MPE) was incorporated under the laws of Manitoba.
Viterra Inc. was formed in 2007 as a publicly traded corporation when the Saskatchewan Wheat Pool acquired Agricore United, which was at that time the largest grain handler in Western Canada. Viterra's predecessors were the grain-trading co-operatives set up in Canada during the 1920s known as the wheat pools .
They persisted as grain elevator operators but after 1935 all grain marketing in Canada shifted to a new government agency, Canadian Wheat Board. During the post-war era, the wheat pools almost completely replaced the private grain companies as elevator operators. By the 1990s, however, most had demutualized (privatized), and several mergers ...
In 1919, Dunning prepared a report on the gain elevator system, which led to the incorporation of the Saskatchewan Co-operative Elevator Company by the Saskatchewan government. [3] The SCEC was a farmers' cooperative, financed in part by shares purchased by farmers at $7.50 per share, and in part by a loan guarantee from the provincial ...
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