World Grain - February 2015 - (Page 38)

FEATURE: CWB TAKEN OFF LIFE SUPPORT CWB'S ASSET LIST Headquarters building: The Canadian Wheat Board's headquarters, located a short distance from Portage and Main at 432 Main, Winnipeg, Manitoba, has already been sold. Colliers International real estate once described the eight-story building as having "over $17 million in capital improvements since 2006, including a complete floor-by-floor renovation of the building." Also, the building offers "highly efficient open-area workstation environments, a beautiful executive floor/boardroom, employee cafeteria and fitness facility, large training centers and numerous meeting rooms, and an onsite daycare facility." The board also continues to operate marketing offices in Beijing and Tokyo. Grain cars: In the 1970s and early 1980s, the board purchased a fleet of 3,200 covered hopper (cylindrical) cars that it leased out to Canada's two largest railways. The purchase was part of a 13,500-steel-hopper-car purchase by the federal government (1,000 aluminum cars were also purchased in 1973-1978 but later sold as scrap), the purchase of 900 cars by the Province of Saskatchewan and 1,000 cars by the Province of Alberta. In a presentation to the House of Commons, Canada's Standing Committee on Transport recommended that Transport Canada arrange for the sale of the cars. The following companies/groups were said to have previously expressed interest: * CN Rail that proposed purchasing the cars currently in service with CN. * CP Rail proposed to maintain the status quo with the government of Canada retaining the cars and entering into a long-term operating agreement with the railways. However, if the federal government wished to exercise its right to sell the fleet, CP would make an offer to purchase some of the fleet at that time; * Farm-Industry Partnership (FIP) - The FIP proposal called for the formation of a leasing company with a lease to buy option for the cars which would equal $5 million per year for 20 years. * Farmer Rail Car Coalition (FRCC) - the FRCC recommended the federal government sell the cars to them for a nominal fee to lease on a not-for-profit basis. * Transport Canada also said that government retention of the cars was also an option under consideration. * CWB cars could possibly be included as part of this dispersal plan. Grain ships (Lakers): Prior to being stripped of its monopoly, the wheat board arranged for the construction of two state-of-the-art grain ships (Lakers) designed to carry bulk cargo throughout the Great Lakes system to export terminals in the St. Lawrence and U.S. grain terminals. One of those ships has now been delivered. The Lakers are Equinox-class low emission bulk vessels that carry more cargo, sail faster and consume less fuel than their predecessors. The CWB plan was to have the vessels managed and operated by Algoma Central Corp., which has the largest Canadian fleet on the Great Lakes-St. Lawrence Waterway. The plan was to have the vessels carry grains, oilseeds and pulse crops and other bulk commodities, such as iron ore when grain shipping slows, with revenues being returned to the wheat board. Lakehead terminal: Mission Terminal Inc., Thunder Bay, On38 tario, was one of the first purchases made by CWB after Bill C-18 came into effect. The terminal handles producer cars, owns producer car loading facilities in Western Canada, and provides farmers with an advisor and phone app to assist them in ordering a producer car (A producer car is a grain car an individual farmer orders directly, loads on a siding away from an established elevator and ships directly to the buyer or loading terminal - bypassing established elevator companies). Winnipeg-based Mission Terminal Inc. handles wheat, durum, barley, canola, rye, flax, peas and oats, and industrial products: * Mission Terminal located at the mouth of the Mission River with a licensed storage capacity of 136,500 tonnes and a handling approximately 1.5 million tonnes annually.   * Les Élévateurs des Trois-Rivières, located in Trois-Rivières, Quebec, that can receive, store and load grain. The facility has a storage capacity of 110,000 tonnes of grain and can receive grain by ocean ship, laker, rail or truck. It is one of the few facilities on the St. Lawrence that can accommodate vessels up to Panamax size. * Services Maritimes Laviolette (SML), in TroisRivières, Quebec, offering stevedoring and related services Inland grain terminals: * Bloom, Manitoba (March 23, 2014): construction of the board's 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 34,000 tonnes of storage, railcar loading rates of up to 60,000 bushels per hour with a 130-car loop track.  * Colonsay, Saskatchewan (April 10, 2014): construction of a terminal with 42,000 tonnes of storage with a 134-car loop track capable of loading 1,600 tonnes per hour. The terminal will be ready to receive grain this autumn. * Dodsland, Saskatchewan (June 9, 2014): Prairie West Terminals facilities included in the acquisition were "The Concrete" located between the communities of Dodsland and Plenty, Kindersley and Luseland. Together, the facilities include over 78,000 tonnes of storage, a high capacity grain cleaning line, high throughput dryer, color sorters and high throughput rail loading * Leader, Saskatchewan (Aug. 29, 2014): the board announces the purchase of Great Sandhills Terminal, a 23,400-tonne high throughput terminal serviced by the Great Sandhills shortline railway operating over 197 kilometers between Swift Current and Burstall, Saskatchewan. The terminal is scheduled to open January 2016. The board also assumes a majority stake in the shortline railway. * Pasqua, Saskatchewan (Sept. 4, 2014): features 42,000 tonnes of storage capacity and is set to open in January 2016. The terminal will have a car-loading rate of up to 1,600 tonnes per hour, a 134-car loop track and cleaning facilities. * St. Adolphe, Manitoba (Oct. 3, 2014): A new terminal featuring 34,000 tonnes of storage. Scheduled to open in early 2016. Equipped with a 134-car loop track, loading rate of up to 1,600 tonnes or 60,000 bushels per hour, 33,900 tonnes of storage and a 130-car loop track with a loading capacity of 1,600 tonnes per hour and cleaning facilities. February 2015 / World Grain / www.World-Grain.com http://www.World-Grain.com

Table of Contents for the Digital Edition of World Grain - February 2015

World Grain - February 2015
Table of Contents
From the Editor-in-chief - Easing embargo on Cuba a world gain
Calendar of Events
119th Annual IAOM Conference and Expo
News Review - NIBULON reports record grain, oil crop exports
Nidera building silo on Danube in Romania
Algeria’s cereal imports increase by $3.5 billion
ADM strengthens Unilever relationship
Cargill’s net earnings up 41%
Grain, biofuel shipments surge at Port of Prince Rupert
CHS reports 56% increase in first-quarter earnings
KSU names Grain Science and Industry Department head
Port of Paranaguá sets record for grain handling
Bullish economics may force grain prices lower
IGC forecasts world wheat production at 701 million tonnes
Carr’s Milling profit up on strong performance
Bay State Milling expanding in Arizona
AGRANA earnings drop 25%
Canada introduces act to modernize grain industry
Grain Market Review - Rice
Country Focus - Syria
Feature - Ethiopia Striving for Grain Surpluses
Feature - CWB Taken off Life Support
CWB's Asset List
Feature - Europe's Largest Port Keeps Growing
Deep History
Feature - Grain Experts Analyze Black Sea
Feature - Investment analysts guarded about 2015
Feature - Another year of advances
Rice Quarterly - Milling Properties of Commingled Rice
Vietnam’s outlook for rice exports mediocre for 2015
Myanmar’s rice exports to China surge
African countries focus on boosting rice production
Thai rice exports to dominate
Feature - U.K. Milling Industry checking for soy in flour
Feed Operations - Upgrade ideas for your feed mill
Feature - Comparing Major Soybean Exporters
Feature - The importance of Landscaping
Feature - Global feed tonnage increases
Supplier News
Product Showcase
World Grain Archive
Ad Index/Reader Information Form International Faxback Program

World Grain - February 2015

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