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ILTA Grain’s insolvency has resulted in a record payout to farmers and a new precedent to how they’re treated when they’re owed money.

Canadian Grain Commission pays ILTA farmers $11.1 million

It’s a record payout through the Canadian Grain Commission’s farmer-security program

After six months of intense work the Canadian Grain Commission (CGC) has wrapped up its biggest claim for a compensation case in history. Two hundred and twenty-two ‘eligible’ farmers will get all they were owed — $11.1 million — following ILTA Grain going into creditor protection last summer. Cheques were issued Jan. 6. That’s the

CGC revises domestic canola usage downward

MarketsFarm — Domestic canola demand remained well ahead of exports in the latest Canadian Grain Commission report for the week ended Sunday — but revisions to data now show the crush pace is not quite as active as reported earlier in the month. The original data for the week ended Jan. 5 showed domestic disappearance

Prairie cash wheat: Bids mostly lower

MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Friday. Losses were observed in Canada Western Red Spring Wheat (CWRS) and Canada Prairie Spring Red (CPSR), with durum (CWAD) slightly higher. Average CWRS (13.5 per cent protein) wheat prices were down by about 50 cents to $1 per tonne, according


U.S. grains: Corn soars on bargain buying

Chicago | Reuters — U.S. corn futures jumped 3.7 per cent on Friday, more than recovering from the prior day’s 3.1 per cent drop, buoyed by a mix of short-covering and expectations of increased export demand for U.S. supplies, traders and analysts said. Wheat and soybeans followed the firm trend. Chicago Board of Trade March


U.S. grains: Corn, soy to one-month lows

Chicago | Reuters –– U.S. corn and soybean futures hit one-month lows on Thursday and wheat futures followed amid doubts about whether China will make the purchases from the United States promised in a trade deal between the two countries, analysts said. Chicago Board of Trade March corn futures tumbled three per cent, settling down

Supercluster backing canola protein production

The federally-backed research and development “supercluster” set up to boost Canada’s protein industries is funding work to wring more and better proteins out of canola seed. In Saskatoon on Wednesday, federal Industry Minister Navdeep Bains announced the Protein Industries Canada (PIC) supercluster has approved a new $27.6 million project to breed high-protein canola hybrids for

Provincial weed specialist Tammy Jones says leaving small patches of survivors can quickly result in a huge problem as new and highly competitive herbicide-resistant weeds have arrived.

Losing the war on weeds

Tammy Jones has been doing the math on where herbicide resistance is taking Manitoba farmers and the numbers are grim

Tammy Jones spent four hours last summer wrestling with about 300 waterhemp plants in a Manitoba field, yanking them out of the ground by the roots and carrying them to the field edge for destruction. The provincial weed specialist was trying to demonstrate the value of controlling what might seem to be small patches of