CWB to Build New Elevator West of Portage la Prairie, Manitoba

CWB today announced the construction of its first state-of-the-art grain elevator west of Portage La Prairie in Bloom, Manitoba. The elevator is expected to be ready to receive grain for the 2015 harvest. Once completed, the facility will feature industry-leading railcar loading times and 33,900 metric tonnes (MT) of storage.

CEO Ian White says in a press release that the brand new facility will be one of the highest efficiency elevators in Western Canada, and farmers will be able to pull in and out of the elevator yard in record time. He adds, “The site is easily accessible from a number of highways, including the Trans-Canada and the Yellowhead, and it is located in an area with a clear need for more grain-handling capacity.”

Elevator construction has begun off of the Trans-Canada Highway, four miles west of the Yellowhead (the 16 highway). The elevator will feature a 17,400 MT workhouse with cleaning facilities, and 16,500 MT of steel storage capacity. A 130-car loop track will facilitate fast and efficient car loading at up to 60,000 bushels/hour. The elevator will be serviced by the CN mainline.

The building of this elevator marks CWB’s first construction of a grain-handling facility, and adds to the company’s growing asset network that includes Mission Terminal in Thunder Bay, Les Élévateurs des Trois-Rivières in Quebec, as well as a minority interest in Prairie West Terminal.

According to CWB’s farmer ownership plan, farmers who deliver grain to CWB will receive an equity interest in the company after privatization and is the only opportunity for farmers to gain an ownership stake in a Canadian-focused grain company. Learn more about CWB’s plans for the future at www.cwb.ca/future.

 

RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.

Trending

Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »

Related

One Comment

Leave a Reply

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.