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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
Cereals, News

Monitor open market, Goodale says

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The new open wheat and barley market promised for western Canadian farmers starting Aug. 1 should be monitored by an independent institution so the findings can help guide future policies, says Saskatchewan Liberal MP Ralph Goodale. “Unless you start working on this right now from the beginning and follow it through from Day 1 you
Cereals, News

New twist in wheat board legal battle

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The battle over the future of the Canadian Wheat Board has moved off the farm, out of the parliamentary chambers and into the courts. Two new court actions were launched early in the new year, including a class-action lawsuit claiming $15.4 billion is owed to farmers upon the dismantling of Canadian Wheat Board assets. “The
Cereals, Crops, Grain Markets

Market steady, but uncertainty ahead

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Commodity prices may have peaked in 2011, ProFarmer analyst Mike Jubinville told farmers attending the St. Jean Farm Days. “My gut feeling right now is that the heights have already come in,” Jubinville told producers. “It’s not that I’m feeling bearish about the marketplace going into 2012, personally I think that there is going to
Cereals, News

Ritz confident C-18 will win legal nod

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Agriculture Minister Gerry Ritz declared the battle for “marketing freedom” all but won in front of a friendly crowd at the 42nd annual Western Canadian Wheat Growers Association convention. Noting that Bill C-18, the Marketing Freedom for Grain Farmers Act, received royal assent on Dec. 15, Ritz cited the “supremacy of Parliament” as meaning that
Cereals, News

CWB final payments for 2010-11

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The Canadian Wheat Board (CWB) has issued final payments to farmers for the wheat, durum wheat and barley they delivered to the CWB pools during the 2010-11 crop year. These payments represent the balance of the money owing to farmers after their grain has been marketed through the CWB pools, and after operating costs have

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