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University of Manitoba supply chain professor, Barry Prentice says the maximum revenue entitlement is bad for farmers as well as the railways.
Crops, News

MRE counterpoint claims system hurts everyone

VIDEO: Barry Prentice says the MRE is bad for western grain farmers and the railways

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Western grain farmers and the railways would be better off if the maximum revenue entitlement (MRE) was scrapped, according to Barry Prentice, an agricultural economist and professor of supply chain management at the University of Manitoba. “Farmers may be losing more on (grain) prices (because Canada is seen as an unreliable supplier) than they ever
Prime Minister Justin Trudeau at the EU-Canada Leaders’ Summit and CETA signing ceremony in Brussels, Belgium on Oct. 30, 2016.
Comment

Ratifying CETA was the easy part

Now comes the hard work of dealing with domestic effects, like opening markets to dairy imports

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Looks like we are going ahead with CETA after all. After a few meltdowns and temper tantrums, both sides are now willing to ratify the deal. In the aftermath of several anti-trade occurrences in recent months, having a deal with the EU is nothing short of a miracle. CETA was initially about growth and prosperity,
Low interest rates a risk too
News

Low interest rates a risk too

Pay attention to the financial obligations you’re assuming, says FCC’s head economist

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Make good use of low interest rates, but don’t get carried away. That’s the message from Farm Credit Canada’s chief economist, J.P. Gervais, in the wake of announcement from the Bank of Canada that the key overnight interest rate would be left at 0.5 per cent. Bank of Canada Governor Stephen Poloz also said Canada
European Parliament MP and temporary detainee José Bové.
News

EU MP detained at Montreal airport missed speaking engagement

José Bové was given a seven-day reprieve hours later

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A member of the European Parliament opposed to the Canada-EU free trade deal was denied entry into Canada at a Montreal airport October 11, then later given a seven-day reprieve from the Canada Border Services Agency (CBSA). French farmer José Bové, an anti-globalization activist and outspoken critic of the Canada European Union Comprehensive Economic and
“Look, I grew up on a farm and I know that for a lot of farmers, just like for anybody else, change is a little disconcerting." – Robert Fraley
News

Consolidation won’t reduce innovation: Monsanto

No word yet on whether a Monsanto-Bayer merger will affect canola growers

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Fewer companies means more innovation. That’s the world according to Robert Fraley, Monsanto’s chief technology officer and executive vice-president, who says biotechnology companies need to consolidate to remain effective. “Consolidation is both needed and healthy in order to be able to provide the kind of investments that you need in cutting-edge biology and data science
University of Saskatchewan’s Richard Gray says there’s plenty of reason to be concerned about the Bayer-Monsanto merger.
News, Oilseeds

Canola farmers worried about Bayer-Monsanto merger

The fear is the new company’s market power will result in higher seed prices and less innovation unless regulators order some divestiture of assets

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Farmers who are worried about chemical and seed giants Bayer and Monsanto merging should be, according to one prominent agriculture economist. With 94 per cent of western Canadian canola containing Bayer’s Liberty Link or Monsanto’s Roundup Ready traits, the new company will have tremendous market power resulting in higher canola seed prices for farmers, said
The Canadian Grain Commission is located in downtown Winnipeg.
Cereals, News

Deadline to apply for Canadian Grain Commission executive positions extended

The jobs involve lots of travel in and outside of Canada and good salaries


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You still have time to apply for one of the top jobs at the Canadian Grain Commission (CGC). The deadline to apply for the positions of commissioner, assistant chief commissioner and chief commissioner has been extended to Oct. 3 from Aug. 17. Although all three positions are appointed by the federal cabinet, those interested in
Editorial, Opinion

Editorial: Armchair economist

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It’s been said that anyone who thinks about economic forecasts for more than about a half an hour a year is wasting their life. A professional economist told me that, and what she was getting at is the intractable nature of economics. Even the experts can’t agree on what’s happening, or has happened, never mind
A sample of the proposed labels to show country of origin for food sold in Australia. 
The label has a bar chart to indicate the percentage of each country.
Comment, Livestock

Australia to adopt mandatory COOL

Country has designed its own country-of-origin labels for consumers

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The Australian government has announced that it intends to introduce mandatory country-of-origin labelling for food. This is an excerpt from a press release announcing the program. Public concern over country-of-origin labelling has resulted in numerous inquiries, reports and proposals on the matter over many decades without any real change or improvement. For many years consumers

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