|FTLComm - Tisdale - August 28, 1999|
|Construction is well underway West of Melfort on a new Pioneer Grain facility. This
one is just South of the Melfort Wheat Pool's mammoth project which was just doubled
in capacity this past year. It would seem that the grain companies despite low commodity
prices, and many of them losing money by the tonne are bent on building more and
more facilities as they charge into debt while closing profitable small wood outlets.
It might be described as a building frenzie.
Below we see Louis Dreyfus' eight facility at Aberdeen under construction. This one is very similar to the one at Tisdale as this grain company has entered into the marketplace to get a piece of the action.