Farm Cash Receipts Up In 2008

Canada’s farmers grossed $41.8 billion from the sale of crops and livestock in 2008, 14.2 per cent higher than in the previous year, Statistics Canada reported. The increase was fuelled mainly by higher prices for grains and oilseeds. Crop receipts rose 25.6 per cent to $23 billion. Receipts from sales of livestock increased just 2.9

In Brief… – for Feb. 26, 2009

Grant program branches into trees: The Hometown Manitoba grant program for community improvements now includes a tree-planting component, making up to $5,000 available for municipalities or town organizations to plant trees in public areas. The program also offers grants of up to $5,000 for communities to improve and enhance outdoor public areas and up to


NFU Denies Suggested Link With R-CALF

“That characterization is misleading farmers and distracting farmers away from the real issues confronting cattle producers.” – STEWART WELLS, NFU PRESIDENT The National Farmers Union has reacted furiously to media suggestions it may be in bed with a longtime nemesis of the Canadian cattle industry. Kevin Hursh, a Saskatchewan agricultural commentator, last week accused the

Board Accountable To Farmers

The Canadian Wheat Board (CWB) recently published its annual report for the 2007-08 crop year. It was an exceptional year for Prairie grain producers, with record sales values and revenue for their grain. At the same time, the range of flexible payment options available to producers continued to expand. Over six million tonnes were committed


Ritz Rips CWB Over Barley Pool Closure

Federal Agriculture Minister Gerry Ritz slammed the Canadian Wheat Board over its decision to close down its bulk barley pool in the interests of keeping prices high for those already in the program. “I’m very concerned when I see them put out a press release saying they’re closing the bulk barley pool because they don’t

Demand For U. S. Grains Picking Up

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed future s at ICE Futures Canada in Winnipeg closed the week ended Feb. 12 mixed with weakness in the U. S. futures markets weighing on prices, although it was partially offset by the declining Canadian dollar.


CTA Ruling Helps Maintain Rail Competition Near Winnipeg

Paterson Grain has won its fight to continue being served directly by the American-based BNSF Railway Company (BN) at its Lilyfield elevator near Winnipeg. Feb. 9 the Canadian Transportation Agency (CTA) ruled against Canadian National Railway Company’s (CN) efforts to block BN’s access via a rail car interchange with CN. “This upholds the rights we

MP Wrong About CWB Contingency Fund

News that Prairie farmers earned a record $7.2 billion through the Canadian Wheat Board last year was buried last week beneath allegations that the board had mismanaged the Producer Payments Options program (PPO). Conservative MP David Anderson charged the board lost $130 million of farmers’ money, an allegation CWB chair Larry Hill says is untrue


Will A World Wheat Contract Replace CBOT Futures?

“The market is going to take care of itself, the banking system will be back in order, the risk management of the grain companies will be back in order, and everybody is not going to be terrified.” – GLENN HOLLANDER Is the grain industry ready for a world wheat futures contract? A year-long campaign to

China No Need For Big Foreign Wheat Buys

The drought gripping China’s farming heartland will not force the country to make big international purchases to ease any shortfall, the former head of the State Grain Reserve Bureau told a local newspaper. Gao Tiesheng, former head of the bureau and also former general manager of Sino Grain, told the China Securities Journal that the