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Cereals, Crops, News

Second suit seeks damages from monopoly’s end

A second group will seek to bring a class-action lawsuit against the federal government to win compensation for farmers over the end of the Canadian Wheat Board’s grain-marketing monopoly. The group, called Friends of the Canadian Wheat Board, will file its claim seeking compensation for the CWB’s physical assets, such as rail cars, as well
Cereals, News, Opinion

Letters — for Jan. 26, 2012

Conservative government needs a history lesson It is a shame that our elected members of government do not research information before they print false statements. In Merv Tweed’s last parliamentary report, two statements must be corrected. The first false statement was that the Canadian Wheat Board was “imposed” on western farmers. After many years of
Cereals, News

Legal fights over CWB’s future not going away

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According to Agriculture Minister Gerry Ritz, it’s all over but the crying for supporters of the Canadian Wheat Board’s single desk. “It’s a done deal, folks,’’ Ritz told delegates at the Western Canadian Wheat Growers convention in Moose Jaw recently, referring to the legislation to eliminate the CWB’s monopoly over wheat and barley exports Aug.
Cereals, Crops, News, Opinion

Choose your middleman carefully

“Shop it around.” “Read the fine print.” “Work with companies you trust.” “Don’t try doing this without professional help.” The advice is flying thick and fast as farmers try to wrap their heads around the prospect of selling their wheat, durum and malt barley on the open market for the first time since their great-grandfathers
Cereals, Grain Markets, News, Oilseeds

Forecast calls for record canola acres, output

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Canola futures on the ICE Futures Canada trading platform were mixed during the week ended Jan. 20, with the nearby months seeing small gains while the deferred values were slightly weaker. A continued strong export lineup at Canada’s West Coast, along with strong domestic demand from the processing sector, helped to generate some of the
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Food industry wants say in new legislation

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Food safety is a job for the companies that make food, and government should focus on setting nutrition and health standards and policing the industry. That’s the pitch being made by large processors as the federal government prepares to revamp food-safety legislation. “Let’s not lose perspective: We can’t regulate bugs out of our food,” said
Cereals, News

Judge delays decision on CWB

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Suspending a new law that ended the Canadian Wheat Board’s monopoly would sow confusion in Western Canada’s grain industry, lawyers for the federal government said in court Jan. 18 in a hearing on a plea from eight former directors. The one time CWB directors, Prairie farmers ousted when the bill to revamp the CWB became
Cereals, Crops, Grain Markets, News

New ICE Canada grain contracts off to slow start

Traders took a cautious approach to new IntercontinentalExchange grain futures and options contracts introduced Jan. 23 as the exchange looked to capitalize on the approaching end of the Canadian Wheat Board’s monopoly. ICE Futures Canada, based in Winnipeg, launched new milling wheat, durum and barley contracts for delivery in October and later, after the wheat
Cereals, Crops, Grain Markets, News

Co-operating with its competitors

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Attendance was down at the annual Canadian Wheat Board breakfast at Ag Days this year, but the farmers who came were encouraged by what they heard. “That just made my day. Now we have a choice,” said Jake Hofer, a wheat producer from Treesbank Colony after listening to a presentation by Gord Flaten, the board’s

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