CWB retirees keep indexed pensions

No matter what happens to revamped Canadian Wheat Board, its retired employees will still receive indexed pensions. The federal government gave $348 million last year to cover CWB’s “legacy liabilities,” including pensions and pensioners’ benefits. Some of those funds were used to purchase a $150-million indexed group annuity buy-in from Sun Life Financial, the CWB

Harvest Moon expands food initiative

Harvest Moon expands food initiative

Local buying clubs take the burden of direct marketing off the shoulders of small farm operators

The six-year-old initiative connects consumers and farmers through buying clubs and pickup sites. Customers place and pay for the orders online and later pickup their order at a site set up by the buying club in that area. Last year, there were four sites in Winnipeg and one in Starbuck. But organizers are now adding


4-H legacy fundraiser sets $100,000 goal

4-H Canada is urging supporters of the program to consider a donation to help secure the program for its next century


4-H Canada is asking supporters of the Canadian youth program to help raise $100,000 in recognition of the 100th year of 4-H in Canada being celebrated in 2013. The program’s national legacy fundraising campaign encourages $100 donations toward improving and expanding 4-H programs across Canada for future generations. “We’re creating a legacy fund to embrace

Crop insurance changes discussed at KAP meeting

Changes coming to Excess Moisture Insurance (EMI) are aimed at reducing “moral hazard” that could undermine the program’s integrity. “It just seemed from our experience there was a disproportionate amount of land coming into our program in wet years than there was in dry years,” David Van Deynze, the Manitoba Agricultural Services Corporation’s (MASC) manager



Struggling Farmers’ Markets Association faces uncertain future

With no funding for an executive director and a shortage of volunteers, the association in danger of folding, says its outgoing chair

The room fell quiet as outgoing chair Jennifer Morrison made her plea “not to let this organization fold” to the 40 people attending the recent annual meeting of the Farmers’ Markets Association of Manitoba Co-op Inc. “We need support from the membership,” said Morrison. “We can’t run this organization on a small volunteer board.” But

Fall in grain prices inevitable

Speakers at Canada Grains Council say too many farmers have forgotten that high prices eventually fall

Watch out! The five-year run of high grain prices is going to end — possibly sooner than later — and those producers who are in denial could be in for a painful reckoning, attendees at the recent Canada Grains Council annual meeting were warned. “There is a lot of optimism out there and a lot

A storied career and special man recognized by his many colleagues

Dennis Stephens has worked in the grain industry for 50 years 
as a reporter, grain industry official, and assistant deputy 
minister of agriculture

After a 50-year career in agriculture, they were lining up to praise — and gently rib — Dennis Stephens at the recent Canada Grains Council annual meeting. “Dennis is first and foremost a journalist with a passion for detail,” said Will Hill, president of Flax Council of Canada. Not to mention one with an appetite


A sample options strategy for soybeans

We recently had the privilege of co-presenting with the CME Group at their CBOT Grain Options Workshop during the annual Wild Oats Grainworld conference in Winnipeg. Here’s an overview of that event including what is risk, what is risk management and a straightforward strategy you can use to protect yourself against falling grain prices. What

Price bubbles and commodity markets

Athoughtful new paper from researchers at the University of Illinois marks a significant step forward in research on how commodity futures prices are formed. Until recently, the academic and policy debate about futures price formation has been locked in an acrimonious and polarized standoff between market fundamentalists, who insist all price moves reflect supply-and-demand fundamentals,