ICE Canada To Trade Wheat As Monopoly Ends

ICE Futures Canada will launch spring wheat and durum contracts early next year to take advantage of Ottawa’s planned dismantling of the Canadian Wheat Board’s grain monopoly, its chief operating officer said on May 19. The spring wheat contract will compete for liquidity with one offered by the Minneapolis Grain Exchange, but will also complement

“B

readbasket of the World Under Siege” blared the headline on an opening slide in Dilantha Fernando’s PowerPoint presentation. It was a dramatic way to start a workshop on fusarium head blight. But was it exaggerated? “It all depends on which year we are talking about,” said Fernando, a University of Manitoba plant pathologist. It was


Agriculture Canada Sees Higher Acreage

Canadian farmers will plant more wheat, durum, canola, oats and barley this spring and leave less unplanted land – if they can, Agriculture and Agri-Food Canada said. The department’s outlook for grains and oilseeds for the 2011- 12 crop year May 10 maintained Statistics Canada’s April 26 planting estimates for canola, oats, barley and durum.

Letters – for May. 19, 2011

This letter is in response to Carl Classen’s letter of May 5, 2011, wherein he states: “I strongly object to the efforts of the Manitoba Canola Growers to put canola under the Canadian Wheat Board.” Nothing could be further from the truth. MCGA directors were very clear in media interviews (as well as in the


Cargill Calls For Orderly End To Orderly Marketing

The Canadian government should give the grain industry at least six months to adjust before ending the Canadian Wheat Board’s grain monopoly, the chief executive of Cargill’s Canadian subsidiary said May 11. A good time for the change, which would allow Western Canada’s farmers to sell their wheat and barley to anyone they choose instead

Rail Revenue Cap Changes?

Gerry Ritz, who hopes to continue as Canada’s agriculture minister in the newly elected Harper majority government, said last week farmers might need to pay more for grain transportation in order to get better railway service. “We want a much more commercially based system,” said Ritz, who was re-elected May 2 in the Saskatchewan constituency


In Brief… – for May. 12, 2011

Viterra opens Montreal office:Canada’s biggest grain handler, Viterra Inc. has opened a marketing office in Montreal following a deal last month to run the grain terminal owned by Montreal Port Authority. The marketing office will increase Viterra’s ability to buy crops and sell them to buyers in Canada, the United States and Europe, the company

The Question Now, Is How?

The federal Conservatives made no secret of their plans to end the Canadian Wheat Board’s monopoly if given a majority. Canadians, including the vast majority of Prairie farmers, gave them the mandate. So no one should be surprised if they do what they said they would, despite the results of CWB director elections. You don’t


Time To Call It Quits

Can the Canadian Wheat Board survive without the “single desk?” Anyone considering the question would do well to consider the following: Why should the Canadian Wheat Board absorb the cost of branding Canadian wheat, absorb the cost of promotion and working on sales of Canadian wheat, absorb the cost of dealing with trade issues; absorb

CWB Single Desk To End, But When?

It’s not a question of if, but when Stephen Harper’s majority Conservative government will kill the Canadian Wheat Board’s monopoly over western Canadian wheat and barley. The Tories have promised since 2006 to abolish the CWB’s statutory single desk, but were stymied until winning 167 seats in the May 2 election, giving them a solid