SASKATCHEWAN POOL

Evening Post, Volume CXIII, Issue 143, 21 June 1927, Page 9

SASKATCHEWAN POOL

OTTAWA, 19th June.

Mr. M'Leod director of publicity for the Canadian Co-operative Wheat Producers, Ltd., has informed the Press that the Saskatchewan Wheat Pool has already secured enough contracts and renewals to carry on for another five years. This means that over 6,500,000 acres have signed up with the pool for five years, beginning with the 1928 crop, and there is still over a year before the old contracts expire. The fact that the Saskatchewan pool has already secured its quota, and that contracts are coming in very rapidly from the other two provinces, establishes beyond any question, the functioning of the pool for at lee.st another six years, and probably for all time, as part, if not the whole, of the grain marketing machinery of Western Canada.

The Saskatchewan Wheat Pool is a big factor in co-operative grain marketing in Canada, said the Winnipeg correspondent of the "New York Times" last April, but is having great difficulty in persuading its members to renew grain marketing contracts, which were formulated by Mr. Sapiro. Less than 50 per cent, of the members were renewing, he declared, despite the army of field service men employed by the pool. This was due to the fact that the producer, selling on an open market, had been obtaining a better price for his grain than the pool farmer, in some cases getting 60 cents a bushel more.