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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 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.
Saskatchewan Co-operative Elevator Company was taken over by the Saskatchewan Wheat Pool in 1926. Saskatchewan Wheat Pool took over Agricore United in 2007 to form Viterra. United Grain Growers was taken over by Agricore United in 2001. Viterra was established after the take-over of Agricore United by the Saskatchewan Wheat Pool.
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 .
A wheat pool is a co-operative that markets grain (mostly wheat) on behalf of its farmer-members. In Canada in 1923 and 1924, three wheat pools were created. They were farmer-owned co-operatives , created to break the power of the large for-profit corporations, that had dominated the grain trade in Western Canada since the late 19th Century ...
This was the start of a new struggle with the elevator companies. [16] In 1905 Alberta and Saskatchewan became provinces. [17] The Alberta branch of the TGGA became the Alberta Farmers' Association under the leadership of Rice Sheppard of the Strathcona area. [18] In 1906 the TGGA renamed itself the Saskatchewan Grain Growers' Association (SGGA).
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.