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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.
The Saskatchewan Wheat Pool was a grain handling, agri-food processing and marketing company based in Regina, Saskatchewan. The Pool created a network of marketing alliances in North America and internationally which made it the largest agricultural grain handling operation in the province of Saskatchewan.
Agricore United was taken over by Saskatchewan Wheat Pool in 2007. Alberta Farmers' Co-operative Elevator Company merged into United Grain Growers in 1917. Alberta Pacific Grain Company was taken over by Federal Grain Co. in 1967. [9] Alberta Wheat Pool merged with Manitoba Pool Elevators in 1997. Cargill was established in 1865 by W.W. Cargill.
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 .
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]
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In November 2006, the company became the target of takeover bids from two other rival grain handlers: the Saskatchewan Wheat Pool ("SaskPool", "SWP") of Regina, Saskatchewan and Winnipeg-based James Richardson International ("JRI"). The initial and subsequent offers from SaskPool involved a stock swap, with no or little cash being offered ...
Marine A grain elevator, also part of the "elevator alley" and across from the Lake & Rail Grain Elevator. The Standard Elevator , was named after the Standard Milling Company and built in 1926. Wollenberg Grain and Seed Elevator , wooden "country style" elevator formerly located in Buffalo, New York; destroyed by fire in October 2006.