Hamloc: There is about 1.2 million tonnes of storage in the 6 major terminals on the west coast; or an average of 200,000 tonnes per facility. Panamax bulk carriers handle 60-80 thousand tonnes. There is plenty of grain in a terminal to fill a ship. However, there is no longer any coordination of grain movement into or out of the terminals to match ships coming in. The cons overlooked the fact the CWB was managing grain movement and shipping and did nothing when they ended the single desk and have done nothing since to coordinate grain movement. That is the cause of the inefficiency!
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Dml canola was never under the CWB so I assume the shipping of it was never coordinated by the CWtB. I also believe that all companies handled CWB grain therefore wheat of various grades would have been spread throughout the terminals. I would guess that a ship could then access wheat of similar grade from more than one terminal and be filled in one pass which is more efficient than today. I would think the grain companies will eventually figure it out unfortunately we pay for the delays now. Canola doesn't face the same issues because there are fewer grades.
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There probably aren't as many grades of wheat as you think in the west coast terminals either. Probably only 1&2 13.5 cwrs and maybe the odd boatload of feed.
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Dumlfarmer when the cab was in charge the west coast was a gong show. The CWB would push grain to the coast of all grades whetherr or not there was a sale for it, thereby plugging the system.
Vessels were repositioned several times to get filled. Often times they would get partially filled and sent back out to anchor in the bay while more grain was brought in from the country.
I don't think the terminals were a big part of the transportation backlog,
.
That was all CN and CP.
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The grain cos have it figured out alright. Haul it further to suit them not us. Under the banner of individual rights we farmers have never had less power in the market place than now. Harper and wall are very content to sell us out to any country or corporation that wants the industry.
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Ritz's indignant response just made my mind up that it will be a protest vote for the ndp in grasslands.
Anderson was just a lark all these years. Never represented constituents views to Ottawa. It was always the other way around.
Pretty shitty considering the size and value of the grasslands riding.
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LEP You can call me dum... if it makes you feel better but I do not post anything on agriville without data to back up what I write. I disagree fully with your last post. According the the Grain Monitor the average wait time for loading ships at Vancouver for the last 1o years of the CWB single desk was 8 days. Since the end of the single desk the average wait time has been 18 days!
In 2013 the demurrage charges were 54 million dollars, higher than any of the previous 10 years
"Mark Hemmes, a grain transportation expert whose company collects GMP data, says the reasons for long vessel lineups at Vancouver include cheap ocean freight and lack of logistical coordination.“The No. 1 reason is that they don’t have the right grain arriving at Vancouver in a sequence that matches the arrival of vessels,†Hemmes said." quote from Western Producer article Ocean vessels again backed up at Pacific port May 2015
LEP I dare you to come up with solid data and facts to prove what you wrote. And if you cannot do so, try reading the Grain Monitors reports to get the truth instead of the fiction you are trying to sell. If you are unable to understand the comprehensive reports from the GM, at least read the interview with Hemmes at http://www.producer.com/2015/05/ocean-vessels-again-backed-up-at-pacific-port/
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SDG,
I think the CWB had a great end... and new beginning! G3 will spend $100's of millions on expanding assets... Ports etc...
On Human rights... We and the USA are not innocent of our own crimes against humanity... Drone attacks... [killing innocent defenceless little people] and Capital Punishment... Blacks being shot that were defenceless... Blaming the Saudi's for human violations... is not exactly itself a violation of human rights! We buy oil, sell grain... and the US sends billions in Arms and technology...
Old CWB assets will be well integrated and used to benefit Canadian grain growing regions... as the News release below indicates;
Background:
"News
G3 Global Grain Group completes investment in CWB
July 31, 2015 – St. Louis, Missouri – G3 Global Grain Group (G3), a newly established agribusiness joint venture based in Winnipeg, Manitoba, Canada, today announced a successful close to its investment in CWB which secures a majority interest in the company. CWB will be combined with the grain assets of Bunge Canada to form a new Canadian agribusiness, G3 Canada Limited.
“Combining the local market presence and global expertise of CWB and Bunge Canada Grain provides the opportunity to fulfill a promise to Canadian producers – to create a new and competitive alternative for the marketing of their grain,†says Karl Gerrand, G3 CEO. “The name change to G3 Canada Limited represents another step towards our vision of building a highly efficient coast to coast grain handling enterprise, and I welcome the opportunity to work with the dedicated teams from G3, Bunge Canada and CWB, who have worked so hard to bring these transactions to a successful conclusion.â€
Ian White, CWB President and CEO, led the organization through the transformational process, and is gratified with the investment outcome. “CWB is pleased to complete the initiative to commercialize. The capital investment G3 brings, as well as extensive operational experience, is a huge benefit to the sector, and we are pleased that Canadian grain producers will be able to continue to participate in the growth of the new company.â€
About G3 Canada Limited
G3 Canada Limited, a newly formed agribusiness, is establishing a highly efficient coast-to-coast Canadian grain enterprise designed to provide a unique competitive alternative to farmers, and superior service to customers and stakeholders. G3 Canada’s assets range from inland grain and deep-sea port terminals stretching from Leader, Saskatchewan to Québec City, Québec, to Great Lake grain transport vessels and a fleet of grain hopper cars. The vertical integration of these assets along the agricultural commodity chain forms the basis of a smarter path from Canadian fields to global markets. G3 Canada Limited is a Canadian company and is headquartered in Winnipeg, Manitoba
About G3 Global Grain Group
G3 Global Grain Group (www.G3Canada.com) is a joint venture of Bunge Canada and SALIC Canada Limited, a wholly owned subsidiary of Saudi Agricultural and Livestock Investment Company (SALIC). Bunge Canada is a vertically integrated food and feed ingredient company, supplying raw and processed agricultural commodities and specialized food ingredients to a wide range of customers in the animal feed, food processor, foodservice and bakery industries. SALIC, a joint stock company based in Riyadh, Saudi Arabia, is building a global agribusiness by investing in greenfield and existing ventures.
About Bunge North America
Bunge North America (www.bungenorthamerica.com), the North American operating arm of Bunge Limited (NYSE: BG), is a vertically integrated food and feed ingredient company, supplying raw and processed agricultural commodities and specialized food ingredients to a wide range of customers in the animal feed, food processor, foodservice and bakery industries. With headquarters in St. Louis, Missouri, Bunge North America and its subsidiaries operate grain elevators, oilseed processing plants, edible oil refineries and packaging facilities, and corn, wheat and rice mills in the U.S., Canada and Mexico.
About Bunge Limited
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York. "
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As Paul Harvey says: And the rest of the story!
Tom fails to mention that SALIC was started in 2012 by King Abdulla for the primary purpose of supplying low cost food to SA. While SA attempted to grow its own food, that did not work out and as of 2016 will change focus to importing all food stuffs needed. Our government gave away a grain handling system and knowledge to a company focused on supplying cheap food to one market! How Tom sees this as benefitting western farmers is beyond me. The real benefit will be to the Saudi Government having their own collection system and pipeline to the prairies and not having to compete on the market for the grains they need. Bunge merely supplies the management needed to make the system work.
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