Coop and Blair’s Ag form joint venture

[farmboy44]

https://amp.realagriculture.com/2021/02/fcl-and-blairs-family-of-companies-form-joint-venture/?fbclid=IwAR0ppgtWSBGGpXNSH-54OgTnDlg2dGaFPotiDUaBukHNBOWXt5ukj_Zo2Rk

[LEP]

FCL is hot to expand in this sector. Probably the exit plan for most independents.

[SASKFARMER]

Well now I’ll get dividends.

[bucket]

I wouldn't count on dividends...FCL can phuck up anything with out hardly trying...Calgary co-op quit buying their groceries through them and went to save on food for the supply.

[Sodbuster]

We’ve bought all our fertilizer and chemicals from the Coop for at least 5 years now, their prices are better than Nutrition and get 2-3% dividends on top of it, win win situation for me.

[bucket]

We’ve bought all our fertilizer and chemicals from the Coop for at least 5 years now, their prices are better than Nutrition and get 2-3% dividends on top of it, win win situation for me.

Which Co-op? Around here I think we got like 2 percent back on fuel...while other Coops were at 6 -8 percent

[Herc]

Co-op is never the cheapest on anything here. Chemicals, fertilizer, bins, augers, lumber, fuel, groceries, you name it they are the most expensive. Thank christ they are not the only game in town.

[Sodbuster]

Co-op is never the cheapest on anything here. Chemicals, fertilizer, bins, augers, lumber, fuel, groceries, you name it they are the most expensive. Thank christ they are not the only game in town.

That’s a big blanket statement to make, to each their own I guess. We deal with Lake Land Coop buy at least $500,000 of farm products and I don’t mind getting a cheque for $10,000+ each year, I don’t see Nutrition doing that and if the Coop wasn’t in the fertilizer business there would be no competition, and you know how that works.

[BreadWinner]

Within 2 years nutrien will sell the retail locations to the coop

[bobofthenorth]

Within 2 years nutrien will sell the retail locations to the coop

Zero chance that happens - absolutely zero. The other way round maybe. Retail is a huge component of Nutrien earnings. Those locations aren't for sale. They may close and consolidate but retail is a core component of their business plan. FCL is a pimple on Nutrien's global ass.

[Rareearth]

Supply chain management at its best