The future of the 850 cattle at the Brandon Research Centre is uncertain.  
Photo: Laura Rance

Price insurance for livestock on its way

There’s been no official announcement, but commodity groups say price insurance for livestock producers will soon be a reality

Price volatility could soon be a thing of the past for Manitoba’s beef producers, if a proposed livestock price insurance program comes to fruition. The insurance plan could be announced within weeks, said Cam Dahl, general manager of the Manitoba Beef Producers. “I’m very hopeful that there will be an announcement made very soon,” said




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


Glencore founder dies in Switzerland

Billionaire Marc Rich, who invented oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died June 26 in Switzerland aged 78. Rich fled the Holocaust with his parents for America to become the most successful and controversial trader of his time and a fugitive from U.S.