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CWB Rejects Bid by Farmers of North America.

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  • Daylate
    Senior Member
    • Oct 2009
    • 588

    #11
    I'm a gut feeling guy. And fna buying cwb doesn't sit right with me. to my knowlege Mr. Mann has unresolved business in our area with a few farms he briefly rented from years and years ago.

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    • Klause
      Senior Member
      • Sep 2010
      • 3644

      #12
      Would you haul to it from here? How much of a premium would you need/want to haul that far from here?

      Comment

      • Hopperbin
        Senior Member
        • Dec 2007
        • 6562

        #13
        They pay a per ton dividend. So I will have a share in the new cwb. As a business mind I may sell at par or less just to gain ownership. What would you do?

        Comment

        • farming101
          Senior Member
          • Mar 2011
          • 3954

          #14
          Viterra Humboldt 33,130t(before expansion-16,500t)
          CWB Colonsay 42,000t

          Comment

          • farming101
            Senior Member
            • Mar 2011
            • 3954

            #15
            Viterra Humboldt 33,130t(before expansion-16,500t)
            CWB Colonsay 42,000t

            Comment

            • Klause
              Senior Member
              • Sep 2010
              • 3644

              #16
              They better start adding steel bins. The concrete standing there now will never hold it. Heck the one contractor rep I talked to there said 9700 mt.


              I'll grab some pics when going past... must be steel bins going up.


              Hopper I only care about money in my pocket. Owning shares in an elevator company has historically gone very badly for Canadian farmers... I.e. The pools.

              Comment

              • farming101
                Senior Member
                • Mar 2011
                • 3954

                #17
                Yes, about 24,000 tonne steel

                Comment

                • Klause
                  Senior Member
                  • Sep 2010
                  • 3644

                  #18
                  That would make sense. Thanks!

                  Comment

                  • farming101
                    Senior Member
                    • Mar 2011
                    • 3954

                    #19
                    Concrete section is 17,300t
                    Loop track. Guessing their plan is unit trains and keep 'em coming.

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                    • bgmb
                      Senior Member
                      • Jan 2007
                      • 1645

                      #20
                      This whole cwb privatization stinks, nobody knows any numbers on what the cwb balance sheet looks like. Cwb is supposedly up for sale but the details arent available? I firmly believe farmers equity in the cwb is being transfered to a private corp behind closed doors.

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