Federated Co-op officially opened its new multi-million dollar high throughput fertilizer terminal at Hanley, about 60 kilometres southeast of Saskatoon.
Federated Co-op commissioned a terminal in Hanley and another in Brandon, Manitoba as part of a $75 million initiative to provide Co-Op Agro Centres and prairie farmers with key crop nutrition products. Director of fertilizer at Federated Co-op, Dan Mulder, says the new facility has several benefits for farmers. He says it can store up to 45,000 metric tonnes of dry fertilizer product, can receive by rail unit-size fertilizer trainloads, and by truck 400 metric tonnes an hour. Outbound, they can load straight product out at 400 metric tonnes an hour or could send out blended products. Mulder says the terminal will allow farmers to access product securely and timely, and gives them a better access to global markets and prices. He also notes that they can replenish storage sheds at Co-op retail locations quickly so there's no disruptions for a farmer who is seeding in the spring or doing fall application. When the terminals are being fully utilized, Mulder expects 150,000 metric tonnes of fertilizer will be moving in and out in Hanley. That includes dry urea, phosphate, potash, ammonium sulfate, and bins for micro-nutrient fertilizer products. Federated Co-op is owned by more than 190 retail co-ops across Western Canada