Ethanol co-op harnesses Internet for share trading Tuesday, April 26, 2011 by PAT CURRIEIn a move to ease the lack of full liquidity that is a common problem for co-operatives, Integrated Grain Processors Co-operative Inc. (IGPC) has partnered with Caldwell Securities Ltd. to create a new share transfer platform for Integrated’s 850 shareholders.‘We wanted to provide a platform for them to more easily buy more shares or sell some of their shares," said Tom Cox, chair of Integrated’s board. The Internet-based platform will provide quick access to lists of both buyers and sellers and the amounts they are either offering of asking. It can be accessed through both the Caldwell and IGPC websites or by contacting Caldwell directly. IGPC operates Canada’s largest co-operatively owned ethanol plant.Cox termed Caldwell "one of Canada’s most respected independent investment advisory firms."Alymer -based IGPC has been operating since the fall of 2008. It was launched with $54 million in equity provided by co-op members whose shares were valued at about $4.50 each and which are currently trading at between $7 and $8, Cox said.At a time of soaring world oil prices, IGPC’s sales of corn-based ethanol have been enjoying some "pretty good results," Cox said. "Prices are strong when you have gasoline at $1.30” a litre."We made a profit of $4.8 million in our first year, $12 .2 million in our second year, and profit for the first quarter of fiscal 2011 (Oct. 1 to Dec. 31, 2010) our profits were an additional $4.7 million," Cox said.At IGPC’s recent annual general meeting, CEO Jim Grey announced an approximately $5.3 million ($0.50 per share) distribution to existing shareholders. Additional financial results are available on IGPC’s website at www.igpc.ca. BF Risk management ... anyone? Contest celebrates all things Jersey
Sowing Solutions--Guelph’s Agri-Food Research Gets Federal Spotlight Friday, October 3, 2025 The University of Guelph welcomed two prominent federal representatives for a day of engagement and discovery on Friday, October 3rd. Dominique O’Rourke, Member of Parliament for Guelph, hosted the Honourable Heath MacDonald, Minister of Agriculture and Agri-Food, for a comprehensive tour... Read this article online
Downtown Diner Delivers a Taste of Canadian Farming to Ottawa Friday, October 3, 2025 This week, the heart of Canada’s capital was filled with the sights, sounds, and flavors of Canadian agriculture as Sparks Street played host to the Downtown Diner, a pop-up event celebrating Canadian food and the farmers who make it possible. At the center of the conversation was... Read this article online
Poll Reveals Mixed Public Sentiment on BC Ostrich Cull Decision Thursday, October 2, 2025 Farms.com poll shows divided opinions among Canadian farmers on the Supreme Court’s decision to halt the ostrich cull. A recent poll conducted on Farms.com's X account @OntAg aimed to capture Canadian farmers' views on the Supreme Court’s decision to halt the ostrich cull in British... Read this article online
Effective Strategies for Corn Soybean and Wheat Thursday, October 2, 2025 As reported on the OMAFRA website fieldcropnews.com, effective crop residue management in corn, soybean, and wheat fields is key to profitability and long-term soil health. It begins at harvest, with combines and headers set correctly to size and spread residue evenly across the... Read this article online
New Ontario agrobotics challenge seeking high school submissions Thursday, October 2, 2025 A new competition for Ontario high school students is looking for innovative ways to solve challenges in the ag sector. The AgRobotics Ontario Challenge launched at the end of September. The competition is a collaboration between the Western Fair District, the Ontario Council for... Read this article online