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Done Deal!

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  • SASKFARMER3
    Senior Member
    • Feb 2006
    • 14485

    Done Deal!

    Viagra is Gone, Welcome to Richardson,
    Agrium and Glecore.
    Just off BNN
    http://www.bnn.ca/News/2012/3/20/Glencore-
    to-buy-Viterra-for-1625-per-share.aspx
  • mustardman
    Senior Member
    • Aug 2006
    • 2105

    #2
    And the Predictions of what would happen when the Single desk Ended Are Unfolding

    Comment

    • SASKFARMER3
      Senior Member
      • Feb 2006
      • 14485

      #3
      This just might work out very good. We
      have used richardson before and have had
      good results. The Glencore thing might
      give us more access. So still competition.
      The agrium deal well lets just say that
      puppy has sailed and we will not purchase
      product from them.

      Comment

      • bucket
        Senior Member
        • Jan 2008
        • 17027

        #4
        SF3

        How do you think agrium gets around the competition bureau smell test?

        This gives a basic monopoly on fertilizer.

        Comment

        • LEP
          Senior Member
          • Feb 2007
          • 2494

          #5
          Mustard doesn't this just prove that the CWB monopoly deterred any international
          investment or interest in our grain industry.

          I think that this is just the tip of the iceberg. The easiest route is to buyout existing
          assets. Next will be new investment in strategic locations.

          As for Agrium's purchase, I guess we should continue to support our local
          independent dealer. I could never bring myself to buy much from Viterra anyway.

          Comment

          • bucket
            Senior Member
            • Jan 2008
            • 17027

            #6
            LEP

            Most independants have agrium as a supplier or shareholder.

            If gives agrium a monpoly on the fertilizer business in western canada.

            Comment

            • SASKFARMER3
              Senior Member
              • Feb 2006
              • 14485

              #7
              The Fertilizer deal does worry me! The
              grain side we will still have same
              elevators and same number of companies.
              But the Fert. Thats the problem and that
              will cost us big time.

              Comment

              • LEP
                Senior Member
                • Feb 2007
                • 2494

                #8
                I know our independent buys fertilizer from Alpine, mosaic, yara, koch and agrium.
                In fact I believe that they are working on shipment of fertilizer out of St. Louis.

                The tough part is if your only supplier in the area is Viterra or an Agrium. It is
                expensive to go 40 plus miles to pickup fertilizer for a blend.

                We use liquid so we make our own blend. All of our fertilizer is bought in the
                summer, delivered in the fall and stored on farm. This allows us to buys wherever we
                want.

                Comment

                • boarderbloke
                  Senior Member
                  • Sep 2007
                  • 1991

                  #9
                  from Weyburn, everything to the south and east will be Richardson's.
                  hope they have to sell off something(as Agricore and SWP) so that we have some competion in this area.

                  Comment

                  • bucket
                    Senior Member
                    • Jan 2008
                    • 17027

                    #10
                    Can't find anything about the fuel distribution. Anyone know??

                    Comment

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