Plant meets construction and corn cost challenges, chairman says Wednesday, April 2, 2008 by MARY BAXTER“We’re certainly not all that disappointed seeing grain prices at the point where people can make a living at it,” said Tom Cox, in a telephone interview Monday. Cox is chairman of the 850-member Integrated Grain Processors Cooperative (IGPC) Ethanol Inc. Despite high corn prices, Cox said profit margins for the Aylmer-based plant look better now than they did a year ago, mainly because the price of oil rose to roughly $100 a barrel from around $60. “The absolute price of corn doesn’t matter so much as the spread between the price of corn and the price of ethanol,” he explained. Cox said optimism surrounding the venture was very evident during the coop’s annual meeting last week, which included a tour of the nearly complete Aylmer facility. “In the early stages you talked about a proposed plan, and it was a bit of a dream and now for people to actually see concrete and stainless steel and things are basically reaching the end of construction,” people were “thrilled,” he said. Those attending also had a chance to meet the coop’s new chief executive officer, Jim Grey. A former president of Casco Inc. and former general manager of the Ontario Soybean Growers, Grey comes to the job with the development of a corn wet milling facility for Jungbunzlauer in Austria fresh under his belt. Cox said the plant could open six to eight weeks ahead of schedule: “We expect to be grinding corn by the end of July.” So far, the plant, which is anticipated to cost $140 million to complete, has received nearly $30 million in federal and provincial funding, which includes a $3.9 million federal grant, announced last week. Other funding has been raised from member investors as well as financing, Cox has said previously. Last year, IGPC announced that Cargill would be sourcing corn for the facility. The facility is projected to produce annually 150 million litres of ethanol using 15 million bushels of corn. BF 'Mismanagement' by government cited in Gencor packing plant failure Ritz rejects call for a tobacco grower exit program
Documentary Sheds Light on Farmerettes who Helped Feed a Nation Saturday, August 2, 2025 During World War II, food shortages became a serious issue for Canada and its allies. With many men away at war, the government formed the Ontario Farm Service Force, sending 40,000 teenage girls from Ontario and Quebec —known as the Farmerettes—to help farms in Southwestern... Read this article online
Sowing the Seeds of the Future -- A Fresh Look at Farm Succession in Canada Friday, August 1, 2025 “You’ve worked the land for decades—through changing seasons, shifting markets, and long days that begin before sunrise," says Jason Castellan, Co-Founder & Chief Executive Officer, Skyline when he spoke with Farms.com. “You know every acre, every decision, every responsibility that... Read this article online
Do you have a grain bin that needs repair? Friday, August 1, 2025 Maintaining grain bins in optimal condition is a constant challenge for farmers. However, with the cool tools InstaGRIP Tile and GlassSTEEL, this task becomes significantly easier and more efficient. These cutting-edge solutions offer quick and durable repairs, ensuring your grain bins... Read this article online
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