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CANADIAN WHEAT

CO - OPERATIVE CONTROL. ... A HUGE ORGANISATION. . . , VANCOUVER, Oct. 30. The farmers of Western Canada have, within three years, established the largest co-operative organisation of its kind in the world, and the United States Government is sending a delegation of experts to study its methods, owing to the demand for better means of marketing primary produce in the Republic. The Canadian Wheat Pool, with its three units in the provinces of Manitoba, Saskatchewan, and Alberta, now has a total membership of 125,000 who control 13,200,000 of the 21,000,000 acres sown to wheat last year, Alberta formed the first pool in 1324, and in the first season secured to Its members two million dollars more than were the pool not in operation. Then followed the other two provinces and the three merged at once into one organisation, known as “The Canadian Co-operative Wheat Producers, Limited,’ ’with headquarters at Winnipeg. The pool is incorporated under Federal charter, and takes delivery of the wheat from each of the provincial pools, placing it on the markets of the world in such'manner as to secure a price commensurate with the natural law of supply and demand. It is controlled by a board of nine directors, with a president and vicepresident. It has established selling agencies in fifty-one ports in various parts of the world. The pool is operating on the same principle as the export control boards of New Zealand, in preventing large volumes of produce being rushed on to the market, thereby creating a glut.

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https://paperspast.natlib.govt.nz/newspapers/MT19261103.2.52

Bibliographic details

Manawatu Times, Volume XLIX, Issue 3495, 3 November 1926, Page 9

Word Count
252

CANADIAN WHEAT Manawatu Times, Volume XLIX, Issue 3495, 3 November 1926, Page 9

CANADIAN WHEAT Manawatu Times, Volume XLIX, Issue 3495, 3 November 1926, Page 9