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KAP in Favor of Grain Elevator Intervention

Keystone Agricultural Producers agree with intervention of Canadian Competition Bureau after Virden elevator sale

File Photo
File Photo

Keystone Agricultural Producers agree with the intervention of the federal Competition Bureau after the sale of a grain elevator in Virden, Manitoba, reports The Brandon Sun.

Last September, Louis Dreyfus Company sold all 10 of its grain elevators in Western Canada to Winnipeg-based company Parrish & Heimbecker.

In December, the Competition Bureau filed an application to the Competition Tribunal that if successful, would force P&H to sell either its Virden elevator or its other elevator in Moosomin, Sask.

The reasoning was that since P&H now owns both elevators on a 180-kilometre stretch of the Trans-Canada Highway, they were creating a monopoly that hurts grain farmers.

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