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Cereals, Crops

Viterra CEO Sees Grain Price Rebound

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Viterra is buying grains in the cash and futures markets because it sees the recent slide as unsustainable, chief executive Mayo Schmidt said Mar. 16 Grain and oilseed prices remain relatively high and have driven up the cost of food to record levels, but fell sharply recently, just as farmers in the Northern Hemisphere prepare
Cereals, News

Ritz Pulls Back From CWB Debate

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Agriculture Minister Gerry Ritz says his party “respects the vote” of farmers who back the single desk and suggested there won’t be any attempt to impose dual marketing on the Canadian Wheat Board unless a majority of producers vote for it. “Until farmers make that change, I’m not prepared to work arbitrarily,” said Ritz. “They
Cereals, News

CP Delays Mean Demurrage Bills At West Coast

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Holland The Canadian Wheat Board (CWB), and ultimately farmers, face a big demurrage bill from parked ships on the West Coast waiting for grain because of poor Canadian Pacific Railway service. “We are working as hard as we can and meeting with the highest levels of CP to try to improve their service because if
Cereals, News

CWB Confident Japan Sales Will Be OK

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Japan will continue to be one of Canada’s best wheat and barley customers, although sales could be disrupted due to the devastation in the wake of that massive earthquake, says Ward Weisensel, the Canadian Wheat Board’s (CWB) chief operating officer. “There are reports out there about Japan not going to consume as much wheat and
Cereals, Crops, Oilseeds

Will Farmers Support Voluntary CWB Canola Marketing?

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Western farmers will soon be asked whether they’d like the option to voluntarily market canola through the Canadian Wheat Board (CWB). A survey will be distributed via farm newspapers and the Internet this month or early next month, Manitoba Canola Growers Association (MCGA) director Butch Harder told about 70 farmers here March 15 at the
Cereals, Crops, Pulses

Rail Costing Review Not In Sight Yet

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Nobody asked about a review of railway costs for shipping grain when the federal government announced its strategy to improve railway service last week. Not even the Canadian Wheat Board (CWB), which seldom misses an opportunity to ask for a review. However, the CWB still wants one, said CWB spokeswoman Maureen Fitzhenry. A study commissioned
Cereals, News, Oilseeds

South Australian Harvest Boosts Viterra Profit

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Viterra Inc., Canada’s biggest grain handler and farm retailer, posted its biggest-ever first-quarter profit March 9, easily beating expectations, as the company reaped the benefits of a record harvest in South Australia and high crop prices. “This is a great time to be in the business of producing and marketing food ingredients as the world’s
Cereals, Crops

CWB Predicts Small Rise In Wheat Output

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Canada’s monopoly wheat exporter maintained its forecast for a small rise in production from the world’s No. 3 seller this year, but offered a slightly more upbeat forecast for global output. The outlook from the Canadian Wheat Board, one of the world’s biggest grain marketers, offers modest relief for millers who have been hurt this
Cereals, News, Oilseeds

Wanted: Young Farm Leaders

Canola checkoff dollars could soon be used to get younger farmers more involved in the Manitoba Canola Growers Association (MCGA). Most of the association’s $1-a-tonne checkoff goes to promote canola consumption crop and improve yields. But MCGA president Rob Pettinger said in an interview following the association’s March 1 annual meeting it might be time
Cereals, Crops

Elite Barley Producers Share Ideas

The “Elite Barley, Canadian Malting Barley Grower Recognition Program,” recently named the 10 farmers selected by industry as top producers for the year. The goal of the program is to promote grower best management practices for malting barley, and showcase the value that malt and malt barley bring to western Canadian agriculture and the Canadian

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