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New grain purchaser in Cahokia
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DMiller View Drop Down
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 31070 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Topic: New grain purchaser in Cahokia
    Posted: 18 Apr 2018 at 3:13pm
At Cahokia IL has always been Cargill/Consolidated Grain and Barge as well Luis Dreyfus. I noted awhile back a new shop on the river, COFCO/Growmark. It is a Chinese based company that has partnered with US concerns to deal in our grains. Last week when I was at CG&B I noticed a line of shiny brand new Rail grain hoppers being unloaded at COFCO, these were marked for Wells Fargo rail lease. I guess we have a new player in the hauling side.
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Unit3 View Drop Down
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Joined: 17 Oct 2009
Location: NC Iowa
Points: 5532 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Unit3 Quote  Post ReplyReply Direct Link To This Post Posted: 18 Apr 2018 at 4:45pm
I would like to see pictures of it.
2-8070FWA PS/8050PS/7080/7045PS/200/D15-II/2-WD45/WD/3-WC/UC/C
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steve(ill) View Drop Down
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Joined: 11 Sep 2009
Location: illinois
Points: 81140 		Post Options Post Options   Thanks (0) Thanks(0)   Quote steve(ill) Quote  Post ReplyReply Direct Link To This Post Posted: 18 Apr 2018 at 5:22pm
COFCO
 

Founded in 1952, it is one of the largest SOEs of those under the direct supervision of China's State Council. Between 1952 and 1987, it was the sole agricultural products importer and exporter operating under direct control of the central government. In 2007, COFCO had just over 60,000 employees in multiple locations in China as well as overseas operations in countries such as the US, UK, Japan, Australia, and Canada.

Besides the foodstuff business, COFCO has developed itself into a diversified conglomerate, involving planting, cultivation, food-processing, finance, warehouse, transportation, port facilities, hotels and real estate.[2][3] It is one of the top 500 enterprises chosen by US's Fortune Magazine.[4]
Like them all, but love the "B"s.
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farmboy520 View Drop Down
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Joined: 22 Jun 2016
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Points: 553 		Post Options Post Options   Thanks (0) Thanks(0)   Quote farmboy520 Quote  Post ReplyReply Direct Link To This Post Posted: 18 Apr 2018 at 8:23pm
All I know is that Growmark is an 100% USA company with headquarters in Bloomington, IL
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DMiller View Drop Down
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Joined: 14 Sep 2009
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Points: 31070 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Posted: 19 Apr 2018 at 5:46am
It is a strange coupled agreement in that Growmark put their name in with them, I suspect major finances were offered to get the US name on the gate.
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