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Wheat Pool
A wheat pool is a co-operative that markets grain (mostly wheat) on behalf of its farmer-members. In Canada in 1923 and 1924, three wheat pools were created. They were farmer-owned co-operatives, created to break the power of the large for-profit corporations, that had dominated the grain trade in Western Canada since the late 19th Century, and were an early source of Western alienation. The wheat pools were successful grain traders and marketers from 1923 to 1929. During the Great Depression, however, huge losses forced them out of the grain marketing business. They persisted as grain elevator operators but after 1935 all grain marketing in Canada shifted to a new government agency, Canadian Wheat Board. During the post-war era, the wheat pools almost completely replaced the private grain companies as elevator operators. By the 1990s, however, most had demutualized (privatized), and several mergers occurred. Now all the former wheat pools are part of the Viterra corporation, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberta Grain Company Grain Elevator
Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Territories (NWT) to the north, and the U.S. state of Montana to the south. It is one of the only two landlocked provinces in Canada (Saskatchewan being the other). The eastern part of the province is occupied by the Great Plains, while the western part borders the Rocky Mountains. The province has a predominantly continental climate but experiences quick temperature changes due to air aridity. Seasonal temperature swings are less pronounced in western Alberta due to occasional Chinook winds. Alberta is the fourth largest province by area at , and the fourth most populous, being home to 4,262,635 people. Alberta's capital is Edmonton, while Calgary is its largest city. The two are Alberta's largest census metropolitan areas. More than ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Canada
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan Co-operative Elevator Company
The Saskatchewan Co-operative Elevator Company (SCEC) was a farmer-owned enterprise that provided grain storage and handling services to farmers in Saskatchewan, Canada between 1911 and 1926, when its assets were purchased by the Saskatchewan Wheat Pool. Background In the early 20th century wheat farming was expanding fast in the Canadian prairies. Saskatchewan had 13,445 active farms in 1901 covering . By 1911 the province had 95,013 farms covering , mostly growing wheat. By 1916 there were 104,006 farms with of cultivated land. For years the prairie farmers complained of unfair treatment and lack of true competition between the existing line elevator companies, who owned the grain elevators where the grain was stored before being loaded into railway cars. In response to these complaints the Manitoba Grain Act was passed in 1900. The act was well-meaning, but at first was ineffective, and a series of amendments were needed to iron out the flaws. The Saskatchewan Co-operative El ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Grain Growers
The United Grain Growers, or UGG, was a Canadian grain farmers' cooperative for grain storage and distribution that operated between 1917 and 2001. History In 1917, the Grain Growers' Grain Company (GGGC) merged with the Alberta Farmers' Co-operative Elevator Company, founded in 1913, to form the United Grain Growers (UGG), which provided grain marketing, handling and supply. UGG was active in grain sales, crop inputs and livestock production services. In 2001, UGG merged with Agricore to form Agricore United in a deal brokered by Archer Daniels Midland, a majority stakeholder in the new company.(2001"United Grain Growers and Agricore sprout merger," CBC News. Retrieved August 1, 2007. Gallery & locations Alberta British Columbia Manitoba Saskatchewan See als ...
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Harvest
Harvesting is the process of gathering a ripe crop from the fields. Reaping is the cutting of grain or pulse for harvest, typically using a scythe, sickle, or reaper. On smaller farms with minimal mechanization, harvesting is the most labor-intensive activity of the growing season. On large mechanized farms, harvesting uses the most expensive and sophisticated farm machinery, such as the combine harvester. Process automation has increased the efficiency of both the seeding and harvesting processes. Specialized harvesting equipment utilizing conveyor belts to mimic gentle gripping and mass-transport replaces the manual task of removing each seedling by hand. The term "harvesting" in general usage may include immediate postharvest handling, including cleaning, sorting, packing, and cooling. The completion of harvesting marks the end of the growing season, or the growing cycle for a particular crop, and the social importance of this event makes it the focus of seasonal celebrati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant MacEwan
John Walter Grant MacEwan (August 12, 1902 – June 15, 2000) was a Canadian farmer, professor at the University of Saskatchewan, Dean of Agriculture at the University of Manitoba, the 28th Mayor of Calgary and both a Member of the Legislative Assembly (MLA) and the ninth Lieutenant Governor of Alberta, Canada. MacEwan University in Edmonton, Alberta, and the MacEwan Student Centre at the University of Calgary as well as the neighbourhoods of MacEwan Glen in Calgary and MacEwan in Edmonton are named after him. Roots MacEwan's grandparents were Highland Scottish. George MacEwen (Grant MacEwan changed his name to "MacEwan" with an "a" sometime in the 1920s), his paternal grandfather, came from Stirling, Scotland to farm in Guelph, Ontario, and married Annie Cowan, another Scot. These two had a son, Alexander MacEwen. After leaving home, Alexander went to Brandon, Manitoba to begin a farm of his own, and was introduced to Bertha Grant (his neighbour James Grant's sister) and soo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Futures Exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. Futures exchanges provide physical or electronic trading venues, details of standardized contracts, market and price data, clearing houses, exchange self-regulations, margin mechanisms, settlement procedures, delivery times, delivery procedures and other services to foster trading in futures contracts. Futures exchanges can be organized as non-profit member-owned organizations or as for-profit organizations. Futures exchanges can be integrated under the same brand name or organization with other types of exchanges, such as stock markets, options markets, and bond markets. Non-profit member-owned futures exchanges benefit their members, who earn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge (finance)
A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, gambles, many types of over-the-counter and derivative products, and futures contracts. Public futures markets were established in the 19th century to allow transparent, standardized, and efficient hedging of agricultural commodity prices; they have since expanded to include futures contracts for hedging the values of energy, precious metals, foreign currency, and interest rate fluctuations. Etymology Hedging is the practice of taking a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. The word hedge is from Old English ''hecg'', originally any fence, living or artificial. The first known use of the word ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Added
In business, total value added is calculated by tabulating the unit value added (measured by summing unit profit sale price and production cost">Price.html" ;"title="he difference between Price">sale price and production cost], unit depreciation cost, and unit Direct labor cost, labor cost) per each unit of product sold. Thus, total value added is equivalent to revenue minus intermediate consumption. Value added is a higher portion of revenue for integrated companies (e.g. manufacturing companies) and a lower portion of revenue for less integrated companies (e.g. retail companies); total value added is very closely approximated by compensation of employees, which represents a return to labor, plus earnings before taxes, representative of a return to capital. In economics, specifically macroeconomics, the term value added refers to the contribution of the factors of production (i.e. capital and labor) to raise the value of the product and increase the income of those who own the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parasitism (social Offense)
Social parasitism was a political crime in the Soviet Union in which the perpetrator was accused of living at the expense of other people or society. A number of Soviet intellectuals and dissidents were accused of the crime of parasitism, including Joseph Brodsky, Iosif Begun, Vladimir Voinovich, Lev Kopelev and Andrei Amalrik. Soviet Union In the Soviet Union, which declared itself a workers' state, every adult able-bodied person was expected to work until official retirement. Thus unemployment was officially and theoretically eliminated. Those who refused to work, study or serve in another way risked being criminally charged with ''social parasitism'' (russian: тунеядство ''tuneyadstvo'', тунеядцы 'tuneyadets/tuneyadtsy"''), in accordance with the socialist principle "from each according to his ability, to each according to his contribution." In 1961, 130,000 people were identified as leading the "Anti-social behaviour">anti-social, parasitic way of li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reseller
A reseller is a company or individual (merchant) that purchases goods or services with the intention of selling them rather than consuming or using them. This is usually done for profit (but can be done at a loss). One example can be found in the industry of telecommunications, where companies buy excess amounts of transmission capacity or call time from other carriers and resell it to smaller carriers. According to the Institute for Partner Education & Development, a reseller's product fulfillment–based business model includes a corporate reseller, retail seller, direct market reseller (DMR), and an internet retailer (eTailer); less than 10 percent of its revenue comes from services. Internet Resellers are known to conduct operations on the Internet through sites on the web. For example, this occurs where individuals or companies act as agents for ICANN accredited registrars. They either sell on commission or for profit and in most cases, but not all, the purchase from the reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Winnipeg Grain Exchange
The Winnipeg Grain Exchange (Known too as ''ICE Futures Canada'') was established in 1887, and dissolved in 1986. It was also the predecessor of the Winnipeg Commodity Exchange. List of presidents :''This table represents the list of presidents of the exchange.'' The exchange had 97 presidents, Of which: * The first chairman is Daniel Hunter McMillan Sir Daniel Hunter McMillan, (January 14, 1846 – April 14, 1933) was a Manitoba politician. He was a cabinet minister in Thomas Greenway's government from 1889 to 1900, and served as the seventh Lieutenant Governor of Manitoba from 1900 to ...; * The last chairman is C. Swartz; References Organizations based in Winnipeg {{Canada-org-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
