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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]
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 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.
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 ...
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 ...
Once the weather stabilized, the price of wheat spiked from six bushels per acre in 1938 to 16 bushels per acre in 1939. Willow Bunch welcomed the first load of wheat to the town's south country grain elevator on Aug. 5, 1939. [62] The wheat came from a local farm, which was renowned as the "Million Dollar Farm" because of its exceptional wheat ...
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.