Viterra Says CWB Can Thrive In Open Market

Winnipeg / reuters Canada s biggest grain handler, Viterra Inc., is willing to work with the Canadian Wheat Board in an open-market system and thinks the board can thrive without its marketing monopoly, chief executive Mayo Schmidt said Oct. 21.

If the wheat board chooses to engage with industry to frame out a relationship and access to the (grain-handling) system, which will be provided, I think their prospects will be greater if they do it sooner than if they do it later, Schmidt said.

Some farmers who have stuck mostly to open-market crops might roll some of their planted acres next spring to wheat because of the marketing change, Schmidt said.

But on the whole, the end of the grain monopoly is unlikely to cause a great change in how much wheat farmers plant in Western Canada, he said.



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