Interesting article in Financial Post on increased in investment in grain handling

[buzz]

Looks like grain companies have made some major investments in elevator infrastructure for export markets. Here is the link.


[URL="http://business.financialpost.com/news/transportation/a-rich-harvest-how-the-canadian-wheat-boards-demise-unleashed-a-grain-bonanza"]http://business.financialpost.com/news/transportation/a-rich-harvest-how-the-canadian-wheat-boards-demise-unleashed-a-grain-bonanza
[/URL]

[farmaholic]

Geez....I wonder why?!?!?!?!?!?!

[blackpowder]

Considering commercial storage as a % of annual crop. Canada was a fraction of peers. And now the carry in futures can be made as well as their direct ownership and control from buyer back to pit.
Just playing catch-up.

[bucket]

Look at what farmers have spent for storage and then compare.....I think farmers as a whole have spent more....that's an unwritten story.

[farmaholic]

I got my whole crop except for 14-16 tonnes of canola and 2000 bushels of peas in storage on my farm and thankfully with the help of other farmers/land owners who rent their land to BTOs and don't use or didn't need their bins. And this has been our best crop ever grown. Possession is power and control----what little we are allowed to have. Storage is a long term investment that can continually pay back.

[blackpowder]

Yup. And as grain selling companies ourselves, we have a headstart. Yay us!

[monte]

Is there any grain going south through the Northgate facility? I have not heard much about that lately?