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Viterra
Viterra Limited is a Canadian grain handling business, that began as the nation's largest grain handler, with its historic formative roots in prairie grain-handling cooperatives, among them the Saskatchewan Wheat Pool. Viterra Inc grew into a global agri-business with operations in Canada, the United States, Australia, New Zealand, and China. Viterra operated three distinct, inter-related businesses: Grain Handling & Marketing, Agri-Products and Processing, enabling it to generate earnings at various points on the food production chain from field to the table. Following its $6.1-billion acquisition by Glencore International, on 1 January 2013, Viterra was merged with Glencore purchaser, 8115222 Canada Inc., headquartered in Rotterdam, the Netherlands. Viterra's grain handling and marketing operations were located primarily in two of the world's most fertile regions: Western Canada and South Australia. The company owns and operates grain terminals in Western Canada, along wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Barley Board
ABB Grain was Australia's largest agribusiness. Founded in 1939, the company was listed on the Australian Securities Exchange until its takeover by Viterra in 2009. For most of its history, the company focused solely on grain accumulation and marketing, but it eventually expanded its focus to other activities, such as grain receival and storage, malting and fertilisers. The company, which traded in all grain commodities, bought grain from all growing regions in Australia. History ABB traced its origins to the former Australian Barley Board. Due to the company's expanded operations into different areas, it demutualised to become ABB Grain on 1 July 1999. In 2004, the company merged with the South Australian storage and handling company AusBulk and United Grower Holdings. This brought about the control of the two major grain handlers, along with several of AusBulk's divisions. Ater its merger with AusBulk, ABB's supply chain involved operations in storage and handling and logist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agrium
Agrium Inc. was a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America. In 2018, Agrium merged with PotashCorp to form Nutrien. History Agrium was founded as Cominco Fertilizers (short for Consolidated Mining and Smelting Company) in 1931 and changed its name to Agrium in 1995. Agrium was headquartered in Calgary, Alberta, Canada. Crop Production Services, Inc., a subsidiary company, was based in Loveland, Colorado and was the location of Agrium's Retail Business Unit head office. The company was a part-owner of Canpotex, which manages all potash exporting from Saskatchewan. On September 12, 2016, Agrium announced that it had agreed to merge with PotashCorp, which will make the combined company, Nutrien, the largest producer of potash and second-largest producer of nitrogen fertilizer w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan Co-Operative Wheat Producers
The Saskatchewan Wheat Pool was a grain handling, agri-food processing and marketing company based in Regina, Saskatchewan. The Pool created a network of marketing alliances in North America and internationally which made it the largest agricultural grain handling operation in the province of Saskatchewan. Before becoming Viterra, SWP had operated 276 retail outlets and more than 100 grain handling and marketing centres. The Saskatchewan Wheat Pool operated under the name of AgPro in the prairie provinces of Manitoba and Alberta. Begun as a co-operative in the 1920s, the company became a publicly traded corporation in the 1990s. After the 2007 takeover of its competitor, Winnipeg-based Agricore United, the Pool name was retired. The merged company operated under the name Viterra until 2013, when it was acquired by Glencore International. Establishment and growth 180px, A now-obsolete wooden grain elevator once owned by SWP in Gainsborough Farmers, frustrated in their at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malt
Malt is any cereal grain that has been made to germinate by soaking in water and then stopped from germinating further by drying with hot air, a process known as "malting". Malted grain is used to make beer, whisky, malted milk, malt vinegar, confections such as Maltesers and Whoppers, flavored drinks such as Horlicks, Ovaltine, and Milo (drink), Milo, and some baked goods, such as malt loaf, bagels, and Rich Tea biscuits. Malted grain that has been ground into a coarse meal is known as "sweet meal". Malting grain develops the enzymes (α-amylase, β-amylase) required for modifying the grains' starches into various types of sugar, including monosaccharide glucose, disaccharide maltose, trisaccharide maltotriose, and higher sugars called maltodextrines. It also develops other enzymes, such as proteases, that break down the proteins in the grain into forms that can be used by yeast. The point at which the malting process is stopped affects the starch-to-enzyme ratio, and partly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Grain Growers
The United Grain Growers, or UGG, was a Canadian grain farmers' cooperative for grain storage and distribution that operated between 1917 and 2001. History In 1917, the Grain Growers' Grain Company (GGGC) merged with the Alberta Farmers' Co-operative Elevator Company, founded in 1913, to form the United Grain Growers (UGG), which provided grain marketing, handling and supply. UGG was active in grain sales, crop inputs and livestock production services. In 2001, UGG merged with Agricore to form Agricore United in a deal brokered by Archer Daniels Midland, a majority stakeholder in the new company.(2001"United Grain Growers and Agricore sprout merger," CBC News. Retrieved August 1, 2007. Gallery and locations Alberta British Columbia Manitoba Saskatchewan Se ...
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Saskatchewan Cooperative Elevator Company
The Saskatchewan Co-operative Elevator Company (SCEC) was a farmer-owned enterprise that provided grain storage and handling services to farmers in Saskatchewan, Canada between 1911 and 1926, when its assets were purchased by the Saskatchewan Wheat Pool. Background In the early 20th century wheat farming was expanding fast in the Canadian prairies. Saskatchewan had 13,445 active farms in 1901 covering . By 1911 the province had 95,013 farms covering , mostly growing wheat. By 1916 there were 104,006 farms with of cultivated land. For years the prairie farmers complained of unfair treatment and lack of true competition between the existing line elevator companies, who owned the grain elevators where the grain was stored before being loaded into railway cars. In response to these complaints the Manitoba Grain Act was passed in 1900. The act was well-meaning, but at first was ineffective, and a series of amendments were needed to iron out the flaws. The Saskatchewan Co-operative ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grain Growers Grain Company
The Grain Growers' Grain Company (GGGC) was a farmers' cooperative founded in the prairie provinces of western Canada in 1906. The GGGC met strong resistance from existing grain dealers. It was forced off the Winnipeg Grain Exchange and almost failed. With help from the Manitoba government it regained its seat on the exchange, and soon had a profitable grain trading business. The company founded the '' Grain Growers' Guide'', which became the most popular farmer's newspaper in the region. In 1912 the GGGC began operating inland and terminal grain elevators, and in 1913 moved into the farm supply business. The GGGC was financially secure and owned or operated almost 200 elevators as well as 122 coals sheds and 145 warehouses by the time it merged with the Alberta Farmers' Co-operative Elevator Company to form the United Grain Growers in 1917. Foundation The GGGC was largely the creation of the agrarian activist Edward Alexander Partridge, an "impetuous and idealistic" man. He was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketing Board
A marketing board is an organization created by many producers to try to market their product and increase consumption and thus prices. It can also be defined as an organization set up by a government to regulate the buying and selling of a certain commodity within a specified area. They most commonly exist to help sell farm products such as milk, egg (food), eggs, beef or tripe and are funded by the farmers or processors of those crops or products. Marketing boards often also receive funding from governments as an agricultural subsidy. The leadership and strategies of the marketing boards are set through votes by the farmers who are members of the board. Marketing boards also sometimes act as a Pooling (resource management), pool, controlling the price of farm products by forming a legal cartel. They also fund other ventures beneficial to their members such as research. Marketing boards differ from industry trade groups in that their primary goal is marketing towards consumers, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopsony
In economics, a monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers. The Microeconomics, microeconomic theory of monopsony assumes a single entity to have market power over all sellers as the only purchaser of a good or service. This is a similar power to that of a monopolist, which can influence the price for its buyers in a monopoly, where multiple buyers have only one seller of a good or service available to purchase from. Etymology The term "monopsony" (from Ancient Greek, Greek μόνος (''mónos'') "single" and ὀψωνεῖν (''opsōneîn'') "to purchase fish") was first introduced by the British economist Joan Robinson in her influential book, ''The Economics of Imperfect Competition'' (1933)., published in 1933. Robinson credited classics scholar Bertrand Hallward of the University of Cambridge with coining the term. History Monopsony theory was develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheat Pool
A wheat pool is a co-operative that markets grain (mostly wheat) on behalf of its farmer-members. In Canada in 1923 and 1924, three wheat pools were created. They were agricultural cooperative, farmer-owned co-operatives, created to break the power of the large for-profit corporations, that had dominated the grain trade in Western Canada since the late 19th Century, and were an early source of Western alienation. The wheat pools were successful grain traders and marketers from 1923 to 1929. During the Great Depression, however, huge losses forced them out of the grain marketing business. They persisted as grain elevator operators but after 1935 all grain marketing in Canada shifted to a new government agency, Canadian Wheat Board. During the post-war era, the wheat pools almost completely replaced the private grain companies as elevator operators. By the 1990s, however, most had Demutualization, demutualized (privatized), and several mergers occurred. Now all the former wheat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
