
Tag Archives grain contracts

Read the fine print
Novel grain contracts require closer scrutiny
A spate of cases involving a Regina-based canola buyer has farmers across the Prairies paying attention to a legal drama between Saskatchewan producers and Input Capital, which has offered long-term “streaming contracts” for canola. In early May, CBC reported on a class-action lawsuit with six producers accusing the company of predatory lending. Morris Feduk, a

Canadian barley, wheat futures fade away
CNS Canada — “If you build it, they won’t always come” turned out to be the case with ICE Futures Canada’s grain contracts, as they were finally delisted Thursday after years of little to no activity. Milling wheat and durum futures were introduced by ICE Futures Canada in 2012 in response to the end of

Opinion: What’s the futures market telling us?
“Listen to what the futures market is telling you.” That came up in our news feed again last week, and it’s one of those phrases for which you’d like to have a dollar for every time you’ve heard it. It ranks slightly below the frequency for which you’ve heard a grain market adviser tell you
Three things to read in your grain contract
Do you read your grain contracts from front to back? If so, you’re one of the few who do. A University of Manitoba study found only 17 per cent of Canadian farmers read their whole grain contracts — and that’s a mistake, says a grain industry expert. “For every grain buyer out there, the terms

KAP says do homework before selling grain to unfamiliar buyers
History shows sometimes even trusted companies burn farmers
Sellers beware! In the post-monopoly wheat board era many new, unfamiliar grain buyers, often American, are offering to buy western Canadian grain. The Keystone Agricultural Producers (KAP) says farmers should do their homework before striking deals to avoid getting burned. “People will spend two weeks researching which cultivator shovel to buy so it doesn’t wear
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