FARM BUSINESS NEWS
CWB Invests in Terminal
Thu Jan 16, 2014 12:26 PM CST

WINNIPEG (Dow Jones) -- CWB, formerly known as the Canadian Wheat Board, has acquired 2,394 Class C shares (PWT Shares) of Prairie West Terminal Ltd (PWT), a farmer-owned grain handling facility in west central Saskatchewan, the CWB announced in a press release Jan. 16.

The shares amount to 10.02% of the issued and outstanding PWT shares. CWB's wholly owned subsidiary Mission Terminal Inc. also owns 500 PWT shares, taking the CWB's total position to 12.11% of the issued and outstanding PWT shares, according to the release.

The PWT Shares were acquired by CWB pursuant to a private agreement.

"CWB has ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Minding Ag's Business
Minding Ag's Business
Ag Interest Rate Snapshot
Ask the Taxman by Andy Biebl
State of the Industry
Railroads Gear Up for Harvest
Cash Rent Reset - 3
Senior Partners - 5
Net Farm Income Falling Fast
Monsanto Calls Off Hunt