GFM Network News

Viterra to build new elevator near Winnipeg

New Rosser terminal to have five times the capacity

Grain handler Viterra is set to replace a relatively small concrete elevator just northwest of Winnipeg with a new higher-throughput terminal. Glencore Agriculture’s Prairie grain arm said Thursday it will build a new high-throughput in the municipality of Rosser, Man., near the northwest corner of Winnipeg’s Perimeter Highway. The new site, connecting to Canadian Pacific

Low cost financing… for the time

Our History: July 1981

Some things have changed, others haven’t. In July 1981 you could “Say goodbye to high finance costs” with rates of 12 to 14 per cent, although those were much lower than the 24 per cent that Manitoba Pool was charging on unpaid farm supply accounts. But on the same page was a story quoting a

Interest rates rise on farm supply accounts

Our History: March 1980

That’s 1.75 per cent per month, not per year, if you had overdue accounts with Manitoba Pool in March 1980. In a speech in Washington, U.S. Secretary of Agriculture Bob Bergland blamed current low grain prices on high interest rates rather than on a reduction in exports due to the embargo on grain exports to

Roseisle businessman George Payette has no shortage of work as he travels across Manitoba and Saskatchewan doing repairs and maintenance work on some of the last remaining country elevators in the two provinces.

The elevator repairman

Country elevators are a rarer site nowadays. George Payette’s business is keeping those few left in good working order

Country elevators are disappearing, but so long as George Payette can swing a sledgehammer or pound a nail, a few lone survivors stand a chance. Payette’s business is elevator repair and maintenance, making him the guy farmers who now own these sites regularly call when a roof, siding or cribbing needs work, or a foundation

Hostile takeover bid for UGG launched

Our History: July 1997

In March of 1997, Manitoba Pool and Alberta Wheat Pool joined to launch a hostile takeover bid of United Grain Growers. UGG fought off the offer with a “poison pill” defence to lower its share values, and the Pools later dropped the takeover attempt. However, UGG continued with a defence strategy against future takeovers and

This elevator, constructed in 1897, is believed to be the oldest grain elevator in Canada still located at its original site. (A slightly older one, at Fleming, Saskatchewan, was destroyed by arson fire in 2010.) It was taken out of service and sold around 1968, and has been standing vacant ever since.

PHOTOS: This Old Elevator: January 2016

Manitoba Historical Society wants to gather information about all the grain elevators in Manitoba

In the 1950s, there were over 700 grain elevators in Manitoba. Today, there are fewer than 200. You can help to preserve the legacy of these disappearing “Prairie sentinels.” The Manitoba Historical Society (MHS) is gathering information about all elevators that ever stood in Manitoba, regardless of their present status. Collaborating with the Manitoba Co-operator