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Terminal Elevator

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Terminal Elevator
A large storage facility for agricultural products, especially grain. A terminal elevator allows investors to store their purchases prior to or after delivery. A terminal elevator does not differentiate which investor owns what grain; therefore, it is possible that products will mix together. An exchange must recognize a facility as a terminal elevator before it may be used as one.


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Agricore United announced that it has signed an agreement for the sale of the former United Grain Growers Limited terminal elevator in Vancouver, British Columbia ("the Vancouver Terminal") to Terminal One Vancouver Ltd.
Jayas's research has also made important contributions to the potential use of digital image processing for classification among different types of grains and foreign materials in grains and for automation of grain handling in terminal elevators.
World markets for Canada's grain will have to shift if the 10 remaining terminal elevators in Thunder Bay hope to recover business lost to ports on the West Coast, industry experts say.
 
 
 
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