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P&H buying Grains Connect

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  • Hamloc
    Senior Member
    • Jan 2014
    • 3945

    P&H buying Grains Connect

    I am a little disappointed at this one. I sell a decent portion of my grain to Grains Connect but historically not much to P&H, usually lower prices offered. There will be one less competitor now.
  • Herc
    Senior Member
    • Jul 2017
    • 772

    #2
    Must have been in the works for sometime because the higher prices that grains connect had prior years just wasn’t there this year.

    Comment

    • bucket
      Senior Member
      • Jan 2008
      • 17028

      #3
      Haven't they been partners for a few years?

      Comment

      • Herc
        Senior Member
        • Jul 2017
        • 772

        #4
        Originally posted by bucket View Post
        Haven't they been partners for a few years?
        Joint venture at the port….

        Comment

        • dave4441
          Senior Member
          • May 2003
          • 1081

          #5
          I believe Grains Connect lost $32 million per yr for two years so that may explain were the premium went.

          Comment

          • AlbertaFarmer5
            Senior Member
            • Oct 2010
            • 12548

            #6
            Originally posted by dave4441 View Post
            I believe Grains Connect lost $32 million per yr for two years so that may explain were the premium went.
            But we won't let that stop farmers from claiming that the grain companies are ripping us all off and keeping the lion's share of the profits.

            Comment

            • Blaithin
              Senior Member
              • Sep 2016
              • 2514

              #7
              It was me. They paid me too much but because graders can't grade I lost them money at sales.

              Comment

              • goalieguy847
                Senior Member
                • Jun 2017
                • 669

                #8
                Grainsconnect had taken over providence grain as well just a few montbs ago.

                Comment

                • AlbertaFarmer5
                  Senior Member
                  • Oct 2010
                  • 12548

                  #9
                  Originally posted by Blaithin View Post
                  It was me. They paid me too much but because graders can't grade I lost them money at sales.
                  I don't recall farmers ever complaining that graders were too generous...

                  Comment

                  • dave4441
                    Senior Member
                    • May 2003
                    • 1081

                    #10
                    Originally posted by goalieguy847 View Post
                    Grainsconnect had taken over providence grain as well just a few montbs ago.
                    Yes, that is a head scratcher to say the least.

                    Comment

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