Farmers split over revenue cap excess

“This is an excellent opportunity for Western Grains Research to share its vision of what could be done with this money. “ – Doug Robertson Farm groups continue to disagree over what to do with the $59.8 million the railways owe them after overcharging to ship grain in 2007-08. Last week the Western Canadian Wheat

PotashCorp profit jumps:

Saskatoon-based PotashCorp reported a fourth-quarter profit that more than doubled to $788 million last Thursday and its shares surged even though it issued weaker-than-expected forecasts for 2009. The world’s biggest fertilizer company said it sees 2009 potash shipments flat with 2008 or slightly lower even though it expects increased global demand in the second quarter.


Farmers and cowmen

The latest release from the George Morris Centre “Feed grains and livestock in Canada – a reconciliation” brings to mind the lyrics from a certain operetta performed by the Carman Collegiate High School back in the 1970s. “Oh, the farmer and the cowman should be friends… one man likes to push a plow, the other

CWB chief predicts stable prices in 2009

World wheat, durum and malting barley prices will stabilize over the next 12 months and be “reasonably high” through 2009, according to Ian White, president and CEO of the Canadian Wheat Board. “Volatility should be reduced by increased stocks in the world, but any significant production or supply side shocks to the system… will reflect


Basis comparisons need context

“All we ask is you make note of the fact that when you use the numbers you point out the fact that there is a difference in the way that they are calculated and the canola number has a higher probability of error.” – MARK HEMMES Which is more efficient at moving grain to export:

Lack of co-operation hurts world’s best grain system

Western Canada has the best grain handling and transportation system in the world, but it breaks down because its participants don’t get along, according to Mark Hemmes, president of Quorum Corporation, which monitors the system’s performance for the federal government. “We probably have, without a doubt, the best country elevator system anywhere,” Hemmes told the


Ritz says expanding trade key priority

Agriculture Minister Gerry Ritz wants to focus on finding more customers for Canadian farm and food products and less on the future of Prairie barley marketing. Speaking to reporters in mid-January after official visits to India and Hong Kong, the minister said he’s looking forward to trips to the Middle East, Russia, Mexico and China

How the West can be wooed

“…being poor is not a watertight compartment. The relatively well off this year may be next year’s poor.” Michael Ignatieff, the newly minted leader of the Liberal party, is on record as wanting to re-establish a political presence in the form of elected members from Western Canada. He seems to want to do this through


CWB total export outlook unchanged

The Canadian Wheat Board said Jan. 7 it expects to export 12.7 million tonnes of wheat when the crop year ends July 31, up 12 per cent from the 2007-08 crop year, due to a large harvest. The CWB also expects to export 3.35 million tonnes of durum compared with 3.1 million tonnes last year.

Railways should repay farmers excess revenues: WGEA

“More than anything it just seemed to us to be the right thing to do.” – Wade Sobkowich The almost $60 million western grain farmers overpaid the railways last year should be returned to farmers, says the Western Grain Elevator Association, which represents Canada’s main grain companies. The association said the overpayments, which amount to