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Comment: Why calls to kill MRE being ignored
Comment, Opinion

Comment: Why calls to kill MRE being ignored

Requests to update railway grain shipping costs face the same fate

By
[UPDATED: June 20, 2018] The North American Grain Grading Group’s (NAGGG) call to axe the maximum revenue entitlement (MRE) appears to be getting the cold shoulder from Western Canada’s grain sector. The MRE is a federal regulation that sets the annual limit the railways can earn in total hauling western grain to Thunder Bay and
Rain across Prairies, fund liquidation drag on canola
Grain Markets, Markets

Rain across Prairies, fund liquidation drag on canola

U.S. trade spats with other countries roil commodities

By
The ICE Futures Canada canola market continued to trend lower during the week ended June 8. The front-month July contract gave way to the November contract month as the dominant value, as traders roll into the new crop. November sunk below the $510-per-tonne mark and closed at $511.10, down $11.90 from June 1. Fund liquidation
People will soon have to decide which direction they want to take their farms, says one agricultural industry leader.
News, Other

The missing middle

Small farms will focus on domestic markets while the bigger ones will be eyeing foreign sales and mid-size ones will disappear

By
It’s a tale of two kinds of farms in Canada, without much in between. The well-established trend to fewer farms will continue in the coming years as smaller operations focus on supplying local markets and the larger ones concentrate on export sales, says Ron Bonnett, president of the Canadian Federation of Agriculture. Small farms will
Comment/Feedback

Open the books

There’s no reason not to have a final audit of the CWB now the organization no longer exists

By
The following is a lightly edited letter of response sent from the National Farmers Union to Michael Ferguson, Canada’s auditor general. We would like to clarify that the National Farmers Union is not asking for an audit of G3; our request is for an audit of the Canadian Wheat Board (CWB) as it prepared for
field soybeans
Opinion

Opinion: Funds cautious toward CBOT soybeans despite U.S.-China truce

By
Chicago-traded soybean futures reached three-week highs May 21 as China appears to be coming back to the U.S. market after a state-wide boycott, but speculative investors seem to be taking a cautious approach. The trade tension between the United States and China, the world’s leading buyer of soybeans, has weighed heavily on agriculture markets ever
News

Transportation fight as old as western grain growing

By
The Transportation Modernization Act has been a long time coming. “For more than a decade the members of the WGEA (Western Grain Elevator Association) have worked alongside farmers and the full grain value chain to build a consensus around long-term solutions to the chronic capacity and performance efficiencies of the rail freight system,” WGEA executive
News

CN Rail ordered 1,000 hopper cars

The new cars will hold more grain and replace older cars

By
CN Rail has ordered 1,000 new-generation high-cube grain hopper cars over the next two years to rejuvenate the aging equipment needed to serve increasing annual crop yields. “This substantial investment in higher-capacity payload hopper cars, with up to 10 per cent more capacity than the older generation, demonstrates our commitment to safely, efficiently and reliably
Young man choosing oranges in the supermarket
Opinion, Other

Opinion: Food prices stuck in place

The economy is doing well, so why can’t Canadian grocers hike prices?

By
Retail food prices are not moving much these days. They are barely higher than last year, with a modest increase of 0.5 per cent. In fact, according to Statistics Canada, prices dropped overall by 0.7 per cent over the winter months. South of the border, U.S. grocers are dealing with the same issue. Since our
News

Cigi, Cereals Canada funding, membership

By
The Canadian Wheat Board and the Canadian government used to split Cigi’s funding and both had oversight of its operations, but that changed when the federal government ended the CWB’s monopoly in 2012. An interim farmer checkoff on wheat sales was set up to help fund Cigi until last year when a 15-cent-a-tonne wheat checkoff

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