Canadian grain farmers enjoying good times

It’s a great time to be a farmer in Western Canada, but don’t expect the good times to last forever, grain industry officials said during the Fields on Wheels conference in Winnipeg Nov. 9. “This is truly a time of opportunity,” said Richard Wansbutter, Viterra’s vice-president of government and commercial relations. “I really think these



Post-CWB monopoly system receives record grain volume Q1

Concerns that Canada’s grain pipeline would initially struggle in the wake of ending the Canadian Wheat Board’s monopoly have proven groundless. A record 14 million tonnes of grain were delivered to the Canadian grain-handling system during the first 15 weeks of the crop year, Cargill Canada president Len Penner told the Grain Industry Symposium here

Canada’s grain system world’s best

For years Canada’s grain industry engaged in self-flagellation, condemning the grain-handling and transportation system as inefficient. Not anymore. “We have arguably the world’s most efficient handling network,” Don Solman, Richardson’s vice-president of finance and chief financial officer told the Grain Industry Symposium Nov. 21. “Back in the 1990s, basically the network was rebuilt with large


Wheat and barley varietal research benefits producers

Arecent return-on-investment study commissioned by the Western Grains Research Foundation (WGRF) has estimated that investment in wheat and barley varietal research is providing producers with a very high return. This study calculates that on average every producer checkoff dollar invested into wheat varietal research has returned $20.40 in value to the producer. Barley varietal research

CWB looks to cash market to attract more wheat

Sign-up deadlines for CWB’s pool programs have come and gone, but the company is still looking for more grain. “We’ve been able to get some really good sales for the tonnes that we have now, and movement has been really good,” said Gord Flaten, CWB’s vice-president of grain procurement. “So looking to the rest of



The reason farmers sought market power back then

The following contains excerpts from comments to the recent Fields on Wheels conference by Paul Earl, who has a PhD in history and is acting director of the University of Manitoba’s Transport Institute. Earl spent many years working for United Grain Growers and the Western Canadian Grain Growers Association lobbying the federal government to end


Regulations, farmer voice needed in post-CWB monopoly world

Two vocal advocates for deregulating Western Canada’s wheat marketing are now suggesting farmers need a strong voice and new regulations to protect them from the open market. While free enterprise is the best economic system, it only works when transactions are voluntary and there is true competition, Paul Earl, a former lobbyist against the Canadian

Italy to launch durum wheat futures contract

Reuters / Borsa Italiana is set to launch Europe’s first futures market for durum wheat in November to cater to demand from the continent’s Italian-led pasta makers, but building sufficient trading volumes will be a challenge, traders say. Grain futures generally take a long time to attract a large trading base, and the minimal volumes