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Grain Elevators in Canada, As at August 1, 1998
Grain Elevators Silos à grains du in Canada Canada Crop year Campagne agricole 1998 - 1999 1998 - 1999 As at August 1, 1998 Au 1er août 1998 www.grainscanada.gc.ca © Canadian Grain Commission © Commission canadienne des grains TABLE OF CONTENTS Table 1 - Summary - All Elevators, By Province, Rail And Class Of Licence Table 2 - List Of Companies And Individuals Licensed Table 3 - Licensed Terminal Elevators Table 4 - Licensed Transfer Elevators Table 5 - Licensed Process Elevators Table 6 - Licensed Primary Elevator Storage Capacity, By Firms Table 7 - Licensed Grain Dealers Table 8 - Summary Of "Operating Units", By Province And Company Table 9 - Summary, Country Shipping Points And Licensed Primary Elevators Table 10 - Off-Line Elevators Situated In The Western Division Table 11 - All Elevators, By Stations - Manitoba - Saskatchewan - Alberta - British Columbia - Ontario - Quebec - Nova Scotia Appendix - Historical Record - All Elevators © Canadian Grain Commission © Commission canadienne des grains TABLE DES MATIÈRES Tableau 1 - Résumé - Tous les silos, par province, voie ferrée et catégorie de licence Tableau 2 - Liste des compagnies et des particuliers agréés Tableau 3 - Silos terminaux agréés Tableau 4 - Silos de transbordement agréés Tableau 5 - Silos de transformation agréés Tableau 6 - Capacité d'entreposage des silos primaires agréés, par compagnie Tableau 7 - Négociants en grains titulaires d'une licence Tableau 8 - Résumé des «Unités d'exploitation», par province et compagnie Tableau 9 - Résumé, Points d'expédition régionaux -
Ag Days Holds the Course on Exhibitor Numbers
PEmR mIu S TPP CRITICAL DROPPINg FOR cattle MASC says crop insurance will The Canadian Cattlemen’s cost less on average in 2018 » PG 3 Association says a deal is needed » PG 24 January 25, 2018 SerVinG manitoba FarmerS Since 1925 | Vol. 76, no. 4 | $1.75 manitobacooperator.ca Was Viterra planning to leave the canola council too? Ag Days holds the course Richardson’s decision to leave doesn’t on exhibitor numbers endanger the council, This year’s Ag Days lines up with previous years in terms of size says its president BY ALLAN DAWSON BY ALEXIS STOCKFORD Co-operator staff Co-operator staff ichardson Inter– t wasn’t a milestone anniversary year national’s decision not for Manitoba Ag Days, but the 2018 R to renew its Canola Ishow matched numbers from last Council of Canada member- year’s 40th anniversary expansion. ship Dec. 31, was a shocker, Last year, the show added both foot- but it could have been even age and exhibitor slots after opening up worse. the over-19,000-square-foot Brandon According to several reli- Curling Club for booths. This year, the able sources, Viterra, Canada’s show once again topped 540,000 square second-biggest grain com- feet and over 800 booths. “One unique thing about Ag Days See CANOLA COUNCIL on page 6 » is we are free admission, free parking, you don’t have to register and the semi- nars are free to attend,” Kristin Phillips, show manager, said. “Not many shows in the country will do that and so, I think that is why we are Canada’s larg- est indoor farm show and we’ve been so successful.” Phillips expects curling club space to stay open for the next five years after signing an agreement with the club. -
Conversionsfailuresrestructuring.Pdf
Copyright ©2009 Knowledge Impact in Society All rights reserved. No part of this book may be reproduced or transmitted in any form by any means without permission in writing from the publisher, except by a reviewer, who may quote brief passages in a review. Editing: D & S Editing (Neil Soiseth) Formatting & Typesetting: Kathy Larson Cover Design: Kathy Larson Images Courtesy of: iStockPhoto.com Published in Canada by: Knowledge Impact in Society and the Centre for the Study of Co-operatives 101 Diefenbaker Place University of Saskatchewan Saskatoon, Saskatchewan S7N 5B8 www.kis.usask.ca www.usaskstudies.coop University of Wisconsin Center for Cooperatives 230 Taylor Hall 427 Lorch Street Madison, Wisconsin 53706-1503 www.uwcc.wisc.edu The Knowledge Impact in Society gratefully acknowledges the financial support provided by the Agriculture Council of Saskatchewan through the Advancing Canadian Agriculture and Agri-Food Saskatchewan (ACAAFS) program. Funding for the ACAAFS program is provided by Agriculture and Agri-Food Canada. The Knowledge Impact in Society gratefully acknowledges the financial support provided by the University of Wisconsin Center for Cooperatives and the University of Alberta’s Chair for Co-operatives in Marketing and Business. Cooperative Conversions, Failures and Restructurings: Case Studies and Lessons from U.S. and Canadian Agriculture / Murray Fulton and Brent Hueth, editors. ISBN 978-0-9812843-0-9 Contents List of Tables vi List of Figures vii Preface ix 1 Saskatchewan Wheat Pool 1 2 United Grain Growers 19 3 Diamond Walnut Growers 39 4 Pro-Fac Cooperative 53 5 Rice Growers Association 71 6 Tri Valley Growers Cooperative 87 7 West Liberty Foods 101 8 Lilydale Co-operative Ltd. -
Paul Earl. "Lessons for Cooperatives in Transition: the Case of Western Canada's United Grain Growers
Journal of Cooperatives Volume 23 2009 Page 20-39 Lessons for Cooperatives in Transition: The Case of Western Canada’s United Grain Growers and Agricore United Paul D. Earl∗ ∗University of Manitoba, [email protected] Lessons for Cooperatives in Transition: The Case of Western Canada’s United Grain Growers and Agricore United Paul D. Earl This paper explores the takeover of Agricore United (AU) by Saskatchewan Wheat Pool, now known as Viterra. AU’s predecessor, United Grain Growers, was a “pure” cooperative that had issued limited voting shares, but was legally defined as consisting of members and shareholders. The paper argues that members should have been consulted about the transaction. The paper draws six lessons that for- merly “pure” cooperatives like AU, should observe to prevent being absorbed by a publicly held firm. It argues that hybrid organizations like AU can successfully resist a takeover bid if properly prepared. Introduction United Grain Growers (UGG) was formed in 1906 as the Grain Growers Grain Company (GGGC), but altered its name in 1917 after a merger with the Alberta Farmers Cooperative Elevator Company (AFCEC). It operated as UGG until 2001, when it merged with Agricore, which had been formed by a merger between Al- berta Wheat Pool (AWP) and Manitoba Pool Elevators (MPE), and became known as Agricore United (AU). In November 2006, it was subject to a hostile and ulti- mately successful takeover bid from the Saskatchewan Wheat Pool (SWP), which, by this time, had converted from a cooperative to a shareholder-controlled Canada Business Corporation Act (CBCA) company. The takeover was completed in June 2007. -
Cognition, Agency Theory and Organizational Failure: a Saskatchewan Wheat Pool Case Study
COGNITION, AGENCY THEORY AND ORGANIZATIONAL FAILURE: A SASKATCHEWAN WHEAT POOL CASE STUDY A Thesis Submitted to the College of Graduate Studies and Research In Partial Fulfillment of the Requirements For the Degree of Master of Science In the Department of Agricultural Economics University of Saskatchewan by Katherine Alice Lang © Katherine Alice Lang, December 2006. All Rights Reserved. The author has agreed that the University of Saskatchewan and its library may make this thesis freely available for inspection. The author further has agreed that permission for extensive copying of this thesis for scholarly purposes may be granted by the professor or professors who supervised the thesis work or, in their absence, by the Head of the Department or Dean of the College in which the thesis work was done. It is understood that any copying or publication or use of this thesis or parts thereof for financial gain shall not be allowed without the author’s permission. It is also understood that due recognition will be given to the author of this thesis and the University of Saskatchewan in any scholarly use of the material in this thesis. Request for permission to copy or make other use of the material in this thesis in whole or in part should be addressed to: Department Head Department of Agricultural Economics 51 Campus Drive, Room 3D34 University of Saskatchewan Saskatoon, Saskatchewan Canada, S7N 5A8 i ABSTRACT Lang, Katherine A. M.Sc. University of Saskatchewan, Saskatoon, December 2006. Cognition, Agency Theory and Organizational Failure: A Saskatchewan Wheat Pool Case Study. Supervisor: Dr. Murray E. Fulton The Saskatchewan Wheat Pool went from being the largest grain handler in western Canada in the mid 1990s to undertaking a $405 million debt restructuring in January 2003. -
Alberta's Grain Elevators
Alberta’s Grain Elevators A brief history of a prairie icon Radway Alberta’s Grain Elevators A Brief History being served by three railway companies. In 123 railway nationalisation led to the creation of the Canadian National Railway incorporating the Canadian Northern Railway, and the Grand Trunk Pacifi c Railway in 12. Th e Lacombe and Northwestern Railway went to the Canadian Pacifi c Railway in 128. In 12 the Northern Alberta Railway was the result of amalgamation of the Edmonton Dunvegan and British Columbia Railway, the Alberta and Great Waterways Railway, Canada Central Railway and the Pembina Valley Railway. Expansion and consolidation Agricore-United elevators in Sexsmith Progress in grain elevator construction in Alberta was slow at the beginning of the twentieth century. In 10 Early development the province still had only a total of 43 elevators. Th is fi gure had jumped to 10 by the season of 108, and to ALBERTA’S FIRST GRAIN ELEVATOR was built in 18, 22 by the end of 10. By 112 Alberta boasted a total of by Brackman-Ker Milling Co. at Strathcona. Th e last 27 elevators. Th ese were operated by seventy-two grain traditional wooden elevators were erected 0 years later, companies, individuals or organisations, including the by Alberta Wheat Pool in 18 at Willingdon and Dapp. Department of Indian Aff airs on the reserve at Brocket. Th ose intervening years of the twentieth century saw ups Amalgamations and short term company ventures and downs. Rail lines rapidly expanded, but then miles of branch lines were ripped up. -
A Grain's Industry Requirements for Rail Capacity
PRO CEE J IN S- Twenty-fourth Annual Meeting Theme: "Transportation Management, Policy and Technology" November 2-5, 1983 Marriott Crystal City Hotel Marriott Crystal Gateway Hotel Arlington, VA Volume XXIV • Number 1 1983 gc <rR TRANSPORTATION RESEARCH FORUM 66 The Grain Industry's Requirements for Rail Capacity by A. D. McLeod° ABSTRACT tent was to encourage settlement of the western plains as rapidly as possible. HIS PAPER describes the develop- This would create in-bound traffic of set- T ment and the interrelationship of tlers' effect and supplies. When settle- the railway and the grain handling sys- ment had been completed, there would be tem in Western Canada.' It describes grain and other farm products for the some of the distinctive characteristics railway to haul, and the hinterland econ- and needs of the grain industry relative omy would provide a ready-made market to transportation. It deals with .future for the manufactured products of the requirements in terms of volume of infant, tariff-protected industry in Cen- products to be moved and suggests some tral Canada. A further objective for con- of the areas where change and improve- struction of the transcontinental rail- ment is needed to achieve an effective way was to cut off any potential north- and efficient movement of product from ward penetration of U.S.A. railroads the Prairies to export ports. into the area west of the Great Lakes. When completed, the CPR main line INTRODUCTION would provide an effective barrier close to the 49th parallel of latitude. The CPR For nearly 100 years , the fortunes and the federal government shared in (and misfortunes) of the grain industry these objectives, and they shared the ef- and. -
Saskatchewan Wheat Pool
International Food and Agribusiness Management Review Volume 7, Issue 3, 2004 Saskatchewan Wheat Pool Marv Painter aL a Associate Professor, Department of Management and Marketing, University of Saskatchewan, Saskatoon, Saskatchewan. Abstract In 1996, Saskatchewan Wheat Pool embarked on a strategy for growth and diversification by significantly expanding its asset base. This expansion brought with it many new costs, especially new fixed costs such as interest and depreciation. They failed to achieve the new revenues needed to support the higher fixed costs and consequently, found themselves in financial distress. In 2000, Mayo Schmidt was brought in as CEO to turn the company back to profitability. His strategy was to sell off all non-core assets and focus on the core businesses that built the company; grain handling and supplying farm inputs. 2004 would be a crucial year for Saskatchewan Wheat Pool. Key Words: publicly traded co-operative, business strategy, financial distress, company turn-around, financial restructuring L Corresponding author: Tel: + 306-966-8439 Email: [email protected] This case was prepared for class discussion rather than to illustrate either effective or ineffective handling of an agribusiness situation. The author(s) may have disguised names and other identifying information presented in the case in order to protect confidentiality. IAMA prohibits any form of reproduction, storage or transmittal without its written permission. To order copies or to request permission to reproduce, contact the IAMA Business Office. Interested instructors at an accredited university may request the teaching note by contacting the Business Office of IAMA. IAMA Agribusiness Case 7.3.B Presented at the 1st Annual IAMA Case Conference, Montreux, Switzerland, June 2004. -
Cooperative Marketing of Grain in Western Canada
TECHNICAL BULLETIN No. 63 \0^(^^^^^/^^''W/ JANUARY, 1928 UNITED STATES DEPARTMENT OF AGRICULTURE WASHINGTON, D. C. COOPERATIVE MARKETING OF GRAIN IN WESTERN CANADA By J. F. BOOTH Agricultural Economist, Division of Cooperative Marketing, Bureau of Agricultural EconomAcs INTRODUCTION For about 30 years the farmers of western Canada have applied the principle of cooperation to the marketing of their grain crops. Beginning with independent local elevators similar to those found in the wheat-producing region of the United States, Canadian farmers have gradually developed a group of cooperatives which coordinate local and terminal elevator facilities with centralized selling. In this evolution the independent local unit has disappeared. Briefly stated, the net result of these years of experimentation is the exist- ence of several large-scale cooperative associations marketing more than one-half of the grain crop of western Canada. The combined volume of grain handled by these farmer-owned organizations during the crop year 1926-27 amounted to more than 220,000,000 bushels out of a total of approximately 420,000,000 bushePs of all western Canadian grain marketed. It is with the development, experiences, and operating practices of these organizations that this bulletin deals. The cooperative grain-marketing associations of western Canada have been closely associated with the settlement and agricultural development of the region referred to as the Prairie Provinces. They are also closely linked with, and are quite properly referred to as the product of, a group of general farm organizations engaged in educational and economic reform. Therefore, in this study, some con- sideration will be given to agricultural progress in western Canada and to the farm organizations that have played such a significant part in the development of agricultural cooperation. -
238 Current Agriculture, Food & Resource Issues
N u m b e r 5 / 2 0 0 4 / p . 2 3 8 - 2 5 2 w w w . C A F R I . o r g Agriculture, Food C urrent & Resource Issues A Journal of the Canadian Agricultural Economics Society Member Commitment and the Market and Financial Performance of the Saskatchewan Wheat Pool K. A. Lang M.Sc. candidate, Department of Agricultural Economics, University of Saskatchewan M. E. Fulton Professor, Department of Agricultural Economics, University of Saskatchewan This paper was presented at the annual meeting of the Canadian Agricultural Economics Society (Halifax, June 2004) in a session entitled “What’s Happening in the Co-operative Sector?” Papers presented at CAES meetings are not subject to the journal’s standard refereeing process. The Issue Since 2001 several of the largest agricultural co-operatives in Western Canada and the United States have battled impending bankruptcy or ceased operations. In February 2001 Dairyworld Foods was bought out by Montreal dairy processor and cheese producer Saputo Inc. (Saputo; Toronto Stock Exchange). In November 2001, Agricore, formed through a 1998 merger of Alberta Wheat Pool Ltd. and Manitoba Pool Elevators, merged with United Grain Growers to form Agricore United (Agricore United). In the United States, AgWay and Farmland Industries filed for Chapter 11 bankruptcy protection in 2002 (Reuters, 2000), while the Saskatchewan Wheat Pool (hereinafter referred to as SWP or the Pool) underwent a massive debt restructuring in 2003 after four years of consecutive multi-million dollar net losses (SWP Annual Report, 2003). This decline in the market and financial performance of agricultural co-operatives has been associated with a decline in the commitment of the members to their co-operatives (Fulton, 1999; Fulton and Giannakas, 2001; Richards, Klein and Walburger, 1998; Burt 238 Current Agriculture, Food & Resource Issues K. -
Journal of Cooperatives
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Research Papers in Economics Journal of Cooperatives Volume 23 2009 Page 1-19 The Restructuring of the Saskatchewan Wheat Pool: Overconfidence and Agency Murray E. Fulton∗ Kathy A. Larsony ∗University of Saskatchewan, [email protected] yKnowledge Impact in Society, University of Saskatchewan, [email protected] The Restructuring of the Saskatchewan Wheat Pool: Overconfidence and Agency Murray E. Fulton and Kathy A. Larson This paper examines how agency problems combined with overconÞdence and hubris by coop management lead to financial failure in the Saskatchewan Wheat Pool. As a consequence of both of these problems, the Pool made poor investment decisions and ended up in severe financial difficulties. These problems were exac- erbated by three additional factors: (1) ownership and control were separated via an A-B share structure, leading to a situation where neither farmer members nor investors had an incentive to monitor management activities; (2) the sheer volume of investment activity undertaken made it virtually impossible for the board to stay on top of what was happening; and (3) as a result of the change financial structure, senior management had available a large amount of debt capital that it could spend. Introduction On 30 August 2007, the Saskatchewan Wheat Pool (SWP or Pool) officially be- came known as Viterra, thereby formally severing all links to its cooperative roots. The real loss of its cooperative structure, however, occurred -
Agricore United Fonds (MSS 268)
University of Manitoba Archives & Special Collections Finding Aid - Agricore United fonds (MSS 268) Generated by Access to Memory (AtoM) 2.4.0 Printed: January 22, 2018 Language of description: English University of Manitoba Archives & Special Collections 330 Elizabeth Dafoe Library Winnipeg Manitoba Canada R3T 2N2 Telephone: 204-474-9986 Fax: 204-474-7913 Email: [email protected] http://umanitoba.ca/libraries/archives/ http://umlarchives.lib.umanitoba.ca/index.php/agricore-united-fonds Agricore United fonds Table of contents Summary information ...................................................................................................................................... 3 Administrative history / Biographical sketch .................................................................................................. 3 Scope and content ........................................................................................................................................... 5 Notes ................................................................................................................................................................ 7 Access points ................................................................................................................................................... 7 Series descriptions ........................................................................................................................................... 7 - Page 2 - MSS 268 Agricore United fonds Summary information Repository: