AgTalk Home
AgTalk Home
Search Forums | Classifieds | Skins | Language
You are logged in as a guest. ( logon | register )

Wheat: bottom in or not?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
JonSCKs
Posted 5/28/2017 17:45 (#6042346 - in reply to #6041378)
Subject: New Kid on the block..


I don't know about the direction but this bad boy is supposed to be ready to go this week...

TMA/CHS's 7 myn bushel shuttle loader at Milan Ks.. to break even they will need to shove like.. 30 myn bushels a year through her..

"looks hungry."

Chew on that basis bears..

( http://www.chsinc.com/our-company/news-and-media/news/2016/05/10/new-grain-terminal-slated-for-milan-kansas )

May 10, 2016 

CHS and MKC, a full-service farm cooperative offering a complete line of products, programs and services throughout Kansas, announce plans to officially build and operate a high-speed rail-shuttle grain storage and loading facility in Milan, Kan.

Plans for the facility include 7 million bushels of storage including upright and flat storage with receiving capacity of 100,000 bushels per hour by way of trucks. Rail load-out capacity will be in excess of 80,000 bushels per hour and will include a circle rail track capable of holding 120 railcars in addition to mainline locomotives with access to the BNSF. 

Work on the project is expected to begin in May, with an anticipated completion date of May 31, 2017, weather permitting. The site is approximately 8 miles south of Conway Springs and 6 miles east of Argonia.

“The new assets will give area producers direct access and ownership in the supply and distribution chain, bringing them one step closer to world markets which will add value to our member-owner’s farming operations,” says Dave Christiansen, president and CEO, MKC.  “The new facility fully aligns with our vision to be a financially strong, progressive, locally-owned agri-business for our member-owners.”

“CHS is excited to continue to expand state-of-the-art grain operations in the region with our partners at MKC,” says Mike Johnston, senior vice president, CHS. ”This new project is a great example of how cooperative relationships, like the valuable one between CHS and MKC, demonstrate our collective commitment to providing access to all markets for producers’ commodities.”

The facility will be owned by Producer Ag, LLC, a limited liability company owned by CHS and MKC. Producer Ag, LLC is a 50/50 joint venture with a governing board of representatives from both CHS and MKC. The terminal will be operated by MKC. The LLC also operates a high-speed shuttle loading facility in Canton, Kan. The LLC is a member of Team Marketing Alliance (TMA) which would handle grain marketing services for the Sumner County facility.



Edited by JonSCKs 5/28/2017 22:31




(26832.jpeg)



(26835.jpeg)



Attachments
----------------
Attachments 26832.jpeg (251KB - 48 downloads)
Attachments 26835.jpeg (293KB - 36 downloads)
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)