Canadian Grain Commission Archives - Page 15 of 59

Instead of relying on posted security under old rules, the Canadian Grain Commission says farmers should be first in line when it comes to revenue from grain inventory sales.

Canadian Grain Commission battles bank for farmers’ grain

The CGC says under the Canada Grain Act farmers are entitled to get their grain back from a company if they aren’t paid for it, or the proceeds from the sale of that grain, instead of secured creditors

By Allan Dawson September 26, 2019

The Canadian Grain Commission (CGC) is pursuing a new approach to help farmers get paid for grain they delivered to financially troubled ILTA Grain, which if successful, could be used in future under similar circumstances. “What we’ve negotiated here is a new way to protect grain producers,” Remi Gosselin, head of CGC communications, said in

Canola in swath near Starbuck, Man. on Aug. 10, 2019. (MarketsFarm photo by Glen Hallick)

Crops, Markets

Canola deliveries slow as Prairies’ harvest drags

By GFM Network News, Phil Franz-Warkentin September 20, 2019

MarketsFarm — The slow pace of the canola harvest across Western Canada is limiting farmer deliveries into the commercial elevator system, with a large backlog yet to come. Farmers delivered 187,100 tonnes of canola into the commercial pipeline during the week ended Sunday (Sept. 15), according to the latest Canadian Grain Commission data. That marked

Green Party leader Elizabeth May walks off the set past moderator Paul Wells (l), Conservative leader Andrew Scheer and New Democratic Party (NDP) leader Jagmeet Singh after the Maclean’s/Citytv leaders’ debate in Toronto on Sept. 12, 2019. (Pool photo: Frank Gunn via Reuters)

Markets

Election 2019: Ag groups want the parties to pay attention

By GFM Network News, Glen Hallick - MarketsFarm September 18, 2019

MarketsFarm — Two major national farm organizations want the political parties to pay more attention to agriculture as the federal election continues. However, the Canadian Federation of Agriculture (CFA) and the National Farmers Union (NFU) have somewhat different takes as to what they see as paramount. “It’s really important that we uphold the quality of

Crops

ILTA Grain escrow fund set up for unpaid farmers

By GFM Network News, Gfm Staff August 8, 2019

Farmers who delivered to Prairie pulse and grain processor ILTA Grain but didn’t get paid before the company went into creditor protection are being asked to “immediately” get in touch with the Canadian Grain Commission. The CGC late Wednesday announced it has reached an agreement with the company’s court-appointed monitor for a new escrow account,

For coverage in the event of non-payment, farmers need proper documents such as a primary elevator receipt or cheque proving they delivered grain.

News, Other

Canadian Grain Commission still tabulating farmer claims to ILTA’s security

The CGC says the best protection against a company’s failure is to cash its cheque as soon as possible

By Allan Dawson August 8, 2019

ILTA Grain had $12 million in security to cover what it owed farmers for grain, but the Canadian Grain Commission (CGC) hasn’t finished calculating if it’s enough. “It could take several weeks or even several months to complete the process,” assistant chief commissioner Doug Chorney said in an interview July 30. According to court documents,

Canary seed is not one of the 20 crops covered under the Canada Grain Act and therefore is ineligible for security.

News, Other

ILTA Grain’s financial troubles raises questions about canary seed

Case raises questions about which crops should be covered by the CGC’s protection plan

By Allan Dawson August 8, 2019

It doesn’t matter how much security ILTA Grain posted to cover what it owes farmers, those who delivered canary seed won’t see a penny through the Canadian Grain Commission’s (CGC) farm protection program. That’s because canary seed isn’t one of the 20 crops covered under the Canada Grain Act and therefore is ineligible to security

Other

Crop year ends with grain export record

By GFM Network News, Manitoba Co-operator Staff August 2, 2019

Both major railways have announced record grain shipments, and with a more than a week left in the crop year, total Canadian grain exports had already topped last year’s record. The Canadian Grain Commission reports that as of July 21, with 10 days left in the 2018-19 crop year, total exports of Canadian grain had

Since March Canadian canola exports have increased to some other countries, but not enough to offset what’s expected to be an extra million tonnes of potentially price-depressing canola carry-over at the end of the crop year July 31.

News, Oilseeds

New Canadian canola seed sales made to China

Details are few but the canola council says normal canola trade with China has not been restored

By Allan Dawson August 1, 2019

Canada has made a “small amount” of new canola seed sales to China, but exports to Canada’s biggest canola customer aren’t back to normal. Not even close. “We are aware of a small amount of (canola seed) sales that have occurred (to China),” Brian Innes, the Canola Council of Canada’s vice-president of communications said in

Crops, Pulses

Grain Commission suspends ILTA Grain’s licenses

By Allan Dawson, GFM Network News July 11, 2019

Farmers owed money for grain delivered to ILTA Grain Inc. should call the Canadian Grain Commission (CGC). The CGC on Thursday suspended the Surrey, B.C.-based company’s grain dealer’s license and its primary grain elevator licenses for elevators at Belle Plaine and Saskatoon, Sask., Remi Gosselin, the CGC’s manager of corporate information services, said in an

News

Farmers conflicted on falling number as grade factor

By Allan Dawson July 6, 2019

The Keystone Agricultural Producers (KAP) and Alberta Wheat Commission (AWC) have advocated for adding falling number (FN) as a grading factor in the past, but now both groups say they need more information to ensure farmers would be better off before endorsing the change. “The (Grain and Oilseeds) committee has expressed concern with the lack

Daily Network News

U.S. livestock: Cattle strengthen Tuesday

Larkin to step down as Grain Growers of Canada Executive Director

Calling for bigger crops ahead of StatCan report

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