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Canada's First Integrated Feedlot/Fuel Ethanol Facility
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Pound-Maker Share
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Mission Statement
To be an industry leader in the profitable value-added processing of agricultural products in an ethical and environmentally sustainable manner for the benefit of stakeholders. |
Pound-Maker
Operational Statistics
Feedlot Information
2008 -
2009 Marketings |
42,281
Head |
Cattle Purchased in Saskatchewan |
64% |
Cattle Sold in Saskatchewan |
36% |
Feed Grain Consumption |
2,720,000 bushels |
Co-Product Consumption |
22,000 MT (As Fed) |
[Equivalent to |
350,000 bu of barley] |
Forage Consumption |
27,600 MT |
Straw Requirements |
12,500 Bales |
Acres of Production Required |
195 per day |
Total Annual Payroll |
$1,500,000 |
Ethanol Information
2008 - 2009 Production |
13,053,346 Litres |
Sold in Saskatchewan |
99.8% |
Feed Grain Consumption |
1,315,000 bushels |
Acres of Production Required |
100 per day |
Total Annual Payroll |
$800,000 |
Information for period of
August 1st 2008 to July 31st 2009 |
Pound-Maker was established in 1970 when local area farmers were looking for an alternative market for their grain. A 2,500-head feedlot was constructed to utilize this grain with 50 local area farmers as shareholders. By the mid eighties, the feedlot expanded to 8,500 head in order to continue to allow farmers to diversify and market their grain locally.
It became apparent that continued investigation was required in order to come up with other areas in which the local farmers could market their products. After lengthy investigations and feasibility studies, a 10,000-head feedlot and a 10 million-litre ethanol plant was constructed in 1991. At this time a share offering occurred and the 50 shareholders grew to over 200 represented in Pound-Maker Investments Ltd. The number of employees at Pound-Maker has increased from 15 to approximately 50 with 75% of them raised locally.
Pound-Maker Investments Ltd. owns 100% of the operating company Pound-Maker Agventures Ltd and the investment company Pound-Maker Capital Corp. All Pound-Maker companies are governed by a Board of Directors of 8.
The shareholders of Pound-Maker Investments have the first right to deliver grain, price and quality being equal. If additional supplies are needed, non-shareholders and other grain companies can deliver.
In 1994 and in 1998, expansion occurred resulting in a one-time feedlot capacity of 28,500 head. Ethanol production has increased to 12.5 million litres due to technological improvements.
Pound-Maker's initial goal, to provide local area farmers an alternative market for their grain, to provide employment for their children and to enhance their community continues to be the guiding force in day-to-day operations.
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