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New fertilizer SuperCentre confirmed for Saskatchewan
Jan. 31, 2017
The Saskatchewan-based agribusiness said last week the first of seven proposed SuperCentres will be built in Belle Plaine, SK, at an estimated cost of $24 million. Farmer investors, along with Farmers of North America (FNA) and AgraCity Crop & Nutrition, will share in the cost and ownership of the facility.
Once complete, Genesis Belle Plaine will boast a 52,000-tonne fertilizer SuperCenter with the ability to distribute three times its capacity at 150,000 tonnes. The largest direct to farm facility of its kind in Canada, the facility will accommodate urea, phosphate, micro-nutrients, sulphur and potash. Services and offerings will be complemented by the most advanced high throughput, in-load and out-load equipment, as well as best-in-class automation technology and related systems.
"Farmers have been deserving of this unique business structure for countless generations," FNA President James Mann said in a release. "In a matter of 12 months once construction is complete, just over 600 farmers from over 200 Western Canada communities with the vision and confidence to join FNA and AgraCity on this journey, will be the first to directly share in the responsibility and rewards of owning part of a major fertilizer supply and distribution system.
“A piece of the supply chain they can call their own."
According to the FNA website, fertilizer costs have long been a concern for farmers, a point reaffirmed by a recent survey of members of Farmers of North America, where nearly three quarters of respondents indicated they’d be interested in a fertilizer investment opportunity.
Genesis said it will partner with Stueve Canada Ltd. to serve as its lead in the contracting oversight of the new facility.
Source: Genesis Grain & Fertilizer
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