Proudly Canadian
Proudly Canadian
Staff say the more grain it gets the closer it can get to providing the benefits of the soon-to-be-dismantled CWB
The tiny village of Somerset was shrouded in fog March 30, not unlike the outlook for Western Canada’s new open wheat and barley market. More than 80 farmers made their way through the morning mist to hear about the CWB’s new pricing options, which includes two pools and cash offerings. It was the last inThe urgency to operate in the United States or Canada has grown because of increasing global demand for crops
For decades, the world’s leading grain traders like Cargill and Bunge enjoyed an unparalleled advantage: their smaller North American competitors lacked the flexibility and diversity of a global operation, and their foreign rivals lacked access to the biggest and most stable exporters in the world. That’s about to change. Large U.S. and Canadian grain companiesBarley prices have proved to be an accurate leading indicator of what is to come in the corn and feed grain market
Reuters / Keep your eye on barley prices. Morocco’s recent removal of import duties on feed barley sets the stage for a scramble by other importer nations to cover their own barley needs in the weeks ahead. As a result, U.S. barley stocks can be expected to decline, and any steep cut in barley supplies
