Cashplus Only Malt Option Now

The Canadian Wheat Board moved last week to protect record returns to its malting barley pool from volatile and declining world prices. The CWB announced last week further malting barley sales will now be made through its CashPlus option. That way the value of the pool won’t be eroded by lower-priced sales, said CWB spokeswoman

Railway Overpayments Remain In Limbo

“What can I do to leave a legacy to Western Canadian agriculture? This is it.” – Ed Rempel Agriculture Minister Gerry Ritz says the federal government won’t consider any action on a request to refund railway overpayments to farmers until a court case in concluded. “The money has been put in a trust while the


LETTERS – for Feb. 5, 2009

New legislation has far-reaching implications Agriculture, Food and Rural Initiatives Minister Rosann Wowchuk has recently announced that under the new Food Safety Act all food premises in the province of Manitoba will have to be licensed. She wants to start with livestock and move her way down to fruits and veggies. I have read these

CWB chief predicts stable prices in 2009

World wheat, durum and malting barley prices will stabilize over the next 12 months and be “reasonably high” through 2009, according to Ian White, president and CEO of the Canadian Wheat Board. “Volatility should be reduced by increased stocks in the world, but any significant production or supply side shocks to the system… will reflect


Basis comparisons need context

“All we ask is you make note of the fact that when you use the numbers you point out the fact that there is a difference in the way that they are calculated and the canola number has a higher probability of error.” – MARK HEMMES Which is more efficient at moving grain to export:

Lack of co-operation hurts world’s best grain system

Western Canada has the best grain handling and transportation system in the world, but it breaks down because its participants don’t get along, according to Mark Hemmes, president of Quorum Corporation, which monitors the system’s performance for the federal government. “We probably have, without a doubt, the best country elevator system anywhere,” Hemmes told the


Ritz says expanding trade key priority

Agriculture Minister Gerry Ritz wants to focus on finding more customers for Canadian farm and food products and less on the future of Prairie barley marketing. Speaking to reporters in mid-January after official visits to India and Hong Kong, the minister said he’s looking forward to trips to the Middle East, Russia, Mexico and China

Farmers split over revenue cap excess

“This is an excellent opportunity for Western Grains Research to share its vision of what could be done with this money. “ – Doug Robertson Farm groups continue to disagree over what to do with the $59.8 million the railways owe them after overcharging to ship grain in 2007-08. Last week the Western Canadian Wheat


PotashCorp profit jumps:

Saskatoon-based PotashCorp reported a fourth-quarter profit that more than doubled to $788 million last Thursday and its shares surged even though it issued weaker-than-expected forecasts for 2009. The world’s biggest fertilizer company said it sees 2009 potash shipments flat with 2008 or slightly lower even though it expects increased global demand in the second quarter.

Farmers and cowmen

The latest release from the George Morris Centre “Feed grains and livestock in Canada – a reconciliation” brings to mind the lyrics from a certain operetta performed by the Carman Collegiate High School back in the 1970s. “Oh, the farmer and the cowman should be friends… one man likes to push a plow, the other