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G3 Canada’s farmer equity plan

The trustees act in the best interest of the farmers’ trust created Aug. 1, 2013 by then CWB 

By Allan Dawson October 23, 2015

Three trustees have been appointed to oversee farmers’ equity in G3 Canada Limited, the grain company created in July when CWB, the federal government’s grain company, and G3 Global Grain Group, joined forces. The trustees are Kevin Augusta, a former director of commercial banking with CIBC, David Carefoot chief financial officer at Princess Auto Ltd.

Crops, Markets

G3 to build Hamilton port terminal for Ont. grain

By GFM Network News, Manitoba Co-operator Staff October 13, 2015

The grain company formerly known as CWB plans to build up a market share in Ontario grain and oilseed handling for export, with a new Lake Ontario terminal at Hamilton. G3 Canada announced Tuesday it will build a new lake terminal at the Port of Hamilton to ship crops out of southern Ontario en route

G3 CEO Karl Gerrand, shown here in April in Winnipeg, said the company isn’t particularly interested in making a move on Glencore’s Viterra assets. (Dave Bedard photo)

Crops, Markets

Not much interest in Glencore ag assets at grain firm G3

By GFM Network News, Rod Nickel October 13, 2015

Winnipeg | Reuters –– Grain handler G3 Canada, a joint venture between a Saudi Arabian firm and Bunge Ltd., doesn’t have much interest in bidding for a stake in rival Glencore’s agricultural business, its chief executive said Tuesday. Swiss-based Glencore, the trader and miner whose shares have been battered by the commodities slump, is looking

Lorne Hehn, shown here in an undated photo, was a southern Saskatchewan farmer before becoming UGG’s president in Winnipeg in 1981. (Grainews file photo)

Crops

Former UGG, CWB chief Lorne Hehn, 79

By GFM Network News, Manitoba Co-operator Staff October 8, 2015

Lorne Hehn, at his funeral last week, was remembered as the Saskatchewan farmer-turned-businessman who led the Canadian Wheat Board toward its next-to-last incarnation as a farmer-controlled marketing agency. Hehn, who died Sept. 16 at age 79, had farmed at Markinch, about 65 km north of Regina, and was involved in several farm organizations, becoming a

Crops, Markets, Weather

Churchill to move pulses this fall, consider partnerships

By GFM Network News, Jade Markus September 10, 2015

Churchill | CNS Canada –– As its shipping season gets underway, the operators of Manitoba’s Port of Churchill are considering options for keeping the port viable going forward — especially as the end looms for its government subsidy. Churchill has previously relied on the Canadian Wheat Board as its primary supplier of grain, but in

Crops, Markets

G3 Global closes CWB deal and retires name

By GFM Network News, MarketsFarm Team July 31, 2015

Commodity News Service Canada – G3 Global Grain Group, a newly established agribusiness joint venture based in Winnipeg, has officially closed its investment in a majority interest in CWB, the former Canadian Wheat Board. CWB will be combined with the grain assets of Bunge Canada to form a new Canadian agribusiness, G3 Canada Limited, a

Crops, News

FCWB amends lawsuit, alleges wheat board funds misallocated, farmers shortchanged

Confused by this latest legal action? Here’s an explanation

By Allan Dawson July 23, 2015

The Friends of the Canadian Wheat Board (FCWB) allege $720 million owed to farmers in 2011-12 went instead to help the board transition to an open market. “On the face of it, it contravenes the existing legislation,” FCWB chair Stewart Wells said in an interview July 14. According to Wells, the wheat board act says

Cereals, Markets

Durum faring better in SE Alta: CWB tour

By GFM Network News, Rod Nickel July 22, 2015

Skiff, Alberta / Reuters — Durum, the wheat used to make pasta, has fared better against dry conditions than other major crops in a pocket of southeastern Alberta, crop tour scouts noted on Wednesday. Durum is typically planted in drier soils than spring wheat, but fields still looked surprisingly decent, given some of the driest

Markets

CWB pegs canola production at 12.18 mln tonnes

By GFM Network News, Terryn Shiells July 22, 2015

Commodity news Service Canada — CWB is estimating the Canadian canola crop will produce 12.18 million tonnes in 2015/16 (Aug/Jul), according to a supply and demand table released via the Market Research Services Twitter account on Wednesday. The projection is below a previous estimate from the company of 12.60 to 13.00 million tonnes, which was

Crops, Markets

Spring wheat yields puny in dry Alberta: CWB tour

By GFM Network News, Rod Nickel July 22, 2015

Lethbridge/Reuters — Spring wheat yields measured less than half of last year’s results in drought-stricken southeastern Alberta, but were on track to set a record high in southern Manitoba, during a Canadian crop tour that saw the results of wildly contrasting weather. The tour organized by CWB Market Research Services is travelling on three routes

Daily Network News

Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer

China imposes curbs on beef imports to protect domestic industry

Prairie forecast: Northwesterly flow brings seasonable temperatures, weak systems

Tag Archives CWB

G3 Canada’s farmer equity plan

G3 to build Hamilton port terminal for Ont. grain

Not much interest in Glencore ag assets at grain firm G3

Former UGG, CWB chief Lorne Hehn, 79

Churchill to move pulses this fall, consider partnerships

G3 Global closes CWB deal and retires name

FCWB amends lawsuit, alleges wheat board funds misallocated, farmers shortchanged

Durum faring better in SE Alta: CWB tour

CWB pegs canola production at 12.18 mln tonnes

Spring wheat yields puny in dry Alberta: CWB tour

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