Mt Angel, Oregon (PRWEB) May 08, 2014
Effective July 1, 2014 Wilco-Winfield and Morrow County Grain Growers (MCGG) will enter into an operating agreement to enhance services associated with grain grown in Wilco-Winfield’s trade area. In the agreement Morrow County Grain Growers will provide price discovery for growers and administrate the receiving, storage and transportation of grain inventories. Wilco-Winfield will provide assets and labor associated with receiving, storage, handling and load out of grain. The direct purchase contracting of wheat from growers will transition on July 1st from Wilco-Winfield to MCGG. Additional details can be obtained by referencing the Questions & Answers document accompanying this document.
“Wilco and now Wilco-Winfield has always handled grain. In 2009 prices and Willamette Valley acres grew dramatically. In response, Wilco-Winfield increased their presence in this segment of the market by adding rail loading and contracting of wheat supporting much larger volumes. MCGG historically has been a major originator and trader of grain. This alliance will bring more risk management tools to the Wilco-Winfield growers not offered today by Wilco-Winfield,” said Bill Hubbell, General Manager of Wilco-Winfield.
“Morrow County Grain Growers has handled and merchandised grain for grain producers in the lower Columbia Basin since 1930. Morrow County Grain Growers is excited about the opportunity to work with growers in the Willamette Valley and bring additional risk management tools to those growers,” said John Ripple, General Manager of Morrow County Grain Growers.