Proudly Canadian
Proudly Canadian
AgResource says stocks are perilously tight and if more weather woes hit, “we don’t know how high is high”
Reuters – U.S. corn prices could rise to a record $9 a bushel in the next six months as global grain markets continue to feel the effects of severe weather disruptions, says Chicago-based consultancy AgResource Co. The worst drought in half a century in the U.S., the world’s biggest corn grower and exporter, triggered aWith Ottawa planning to switch from bonding to insurance it’s time to dust off the Scott Wolfe Management report
The federal government’s plans to revamp the Canadian Grain Commission (CGC) include replacing the current bonding system with an insurance scheme to protect farmers when grain companies default on payments. CGC spokesman Remi Gosselin says an insurance program will be cheaper for the grain industry and provide better protection for farmers. More than three years
