Grainsconnect - Providence agreement

[Simplefarmer24]

Anyone know anything about this? All grain purchased under Providence is now owned by Grainsconnect? Seems weird.

[url]https://providencegrain.ca/news/providence-grain-and-grainsconnect-canada-announce-strategic-agreement/[/url]

[LEP]

Grainsconnect gets grain without buying/building assets. Providence gets to keep out of receivership.

[Blaithin]

Pretty much just GCC renting some Providence sites. Contracting the handling of the grain to Providence.

They’ve done similar with drying grain at some of their terminals. Contracted it out.

And not all grain, just those handful of sites.

[Hamloc]

Pretty much just GCC renting some Providence sites. Contracting the handling of the grain to Providence.

They’ve done similar with drying grain at some of their terminals. Contracted it out.

And not all grain, just those handful of sites.

In the past you have mentioned you work in the grain handling business, is that still the case?

[Blaithin]

In the past you have mentioned you work in the grain handling business, is that still the case?

Yes it is.