FNA commercial

[dave4441]

I bet they will need some investment dollars to study the idea. Round and round.

Block of grain facilities they only come around once in a lifetime? Lol. Give me a break.

[farmaholic]

Reminds me a bit of Sask Wheat Pools Project Horizon. They spent allot of money, verticle integration, capturing more in the value chain. Concretes (good idea but kind of comparable to SWP tombstones) hog barns, feedlots, stockyards, doughnut shops, then divest it all until they were down to the core business again, then devalue equity, bond holders, and sell it for....

[Tandem007]

All I gotta say is wow...the same folks that 24 months ago celebrated the demise of the Cwb now want to invest in FNA of all companies....? The cwb is gonna screw up their attempt on their own of trying to be a real grain co, let fna in there and they're gone that much quicker. Go to Vegas if you want to lose 10 grand quick

[Hopalong]

What is it that makes so many think that if only farmers owned it, things would be better?
Our record in owning and running non farm business is not very good.

[Oliver88]

Farmers have made good money owning inland terminals in this province.
These were good investments by farmers that added competition.
These are now being sold off to P&H, Viterra, CWB due to being profitable businesses.

With the CWB, I hope a company/group can take it over and provide farmers with more competition.

[farming101]

FNA commercial

CWB might do all right. New elevators with loop tracks(how many other elevators can boast that?), inland terminals,ownership in terminals at TBay and Vancouver, East Coast terminal, 2 brand new lakers.If they are competitive and friendly why wouldn't they get the business?

[farming101]

CWB might do all right. New elevators with loop tracks(how many other elevators can boast that?), inland terminals,ownership in terminals at TBay and Vancouver, East Coast terminal, 2 brand new lakers.If they are competitive and friendly why wouldn't they get the business?

[OneContinent]

The Pools actually did very well as long as farmers were running them. It went to h in a handbasket when farmers were persuaded they couldn't run them so brought in a bunch multi-million dollar help that promptly set to buying donut shops and ports in Poland. Things no farmer would have cone.

In this case it's pretty simple for me. Do I want to keep paying crazy basis to others or take some for myself. Be happy to get your contribution to my bottom line too, thank you very much.