NEWS
Grain Storage in W Canada Expanding
Wed Apr 30, 2014 07:41 AM CDT

WINNIPEG (Dow Jones) -- New elevator capacity being built across Western Canada will bring total commercial storage space in the Prairies back near levels not seen in over 15 years.

The added capacity will make for a more competitive marketplace, but isn't necessarily needed from a purely logistical standpoint, according to an industry official.

The CWB, formerly known as the Canadian Wheat Board, recently announced plans to build two elevators with a combined capacity of 76,000 metric tons. Other capacity increases include plans by Viterra to build a new 34,000-ton elevator, while expansions to existing Cargill ...

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