Canada’s grain system world’s best

For years Canada’s grain industry engaged in self-flagellation, condemning the grain-handling and transportation system as inefficient. Not anymore. “We have arguably the world’s most efficient handling network,” Don Solman, Richardson’s vice-president of finance and chief financial officer told the Grain Industry Symposium Nov. 21. “Back in the 1990s, basically the network was rebuilt with large

Wheat and barley varietal research benefits producers

Arecent return-on-investment study commissioned by the Western Grains Research Foundation (WGRF) has estimated that investment in wheat and barley varietal research is providing producers with a very high return. This study calculates that on average every producer checkoff dollar invested into wheat varietal research has returned $20.40 in value to the producer. Barley varietal research


CWB looks to cash market to attract more wheat

Sign-up deadlines for CWB’s pool programs have come and gone, but the company is still looking for more grain. “We’ve been able to get some really good sales for the tonnes that we have now, and movement has been really good,” said Gord Flaten, CWB’s vice-president of grain procurement. “So looking to the rest of



The reason farmers sought market power back then

The following contains excerpts from comments to the recent Fields on Wheels conference by Paul Earl, who has a PhD in history and is acting director of the University of Manitoba’s Transport Institute. Earl spent many years working for United Grain Growers and the Western Canadian Grain Growers Association lobbying the federal government to end

Regulations, farmer voice needed in post-CWB monopoly world

Two vocal advocates for deregulating Western Canada’s wheat marketing are now suggesting farmers need a strong voice and new regulations to protect them from the open market. While free enterprise is the best economic system, it only works when transactions are voluntary and there is true competition, Paul Earl, a former lobbyist against the Canadian


Italy to launch durum wheat futures contract

Reuters / Borsa Italiana is set to launch Europe’s first futures market for durum wheat in November to cater to demand from the continent’s Italian-led pasta makers, but building sufficient trading volumes will be a challenge, traders say. Grain futures generally take a long time to attract a large trading base, and the minimal volumes

Western grain system humming so far this crop year

Canada’s grain-handling and transportation system performed above average during the first 13 weeks of the new crop year, but it’s too soon to tell if there’s a connection with ending of the Canadian Wheat Board’s monopoly, according to Mark Hemmes, president of Quorum Corporation, the firm hired by the federal government to monitor system performance.



Farmers complain about problems delivering grain to CWB

CWB vice-president of grain procurement Gord Flaten says it’s mostly just growing pains and the system will work

Some grain handlers are refusing to accept CWB grain deliveries and promising better grades to farmers who bypass the new voluntary board, farmers said during a recent conference call with CWB officials Oct. 17. During the conference-call meeting with more than 3,200 farmers, an Alberta producer (who identified himself only as John) said elevator employees