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Tag Archives Monopsonies

Cereals, Grain Markets

ICE Canada To Trade Wheat As Monopoly Ends

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ICE Futures Canada will launch spring wheat and durum contracts early next year to take advantage of Ottawa’s planned dismantling of the Canadian Wheat Board’s grain monopoly, its chief operating officer said on May 19. The spring wheat contract will compete for liquidity with one offered by the Minneapolis Grain Exchange, but will also complement
Cereals, Oilseeds, Opinion

Letters – for May. 19, 2011

This letter is in response to Carl Classen’s letter of May 5, 2011, wherein he states: “I strongly object to the efforts of the Manitoba Canola Growers to put canola under the Canadian Wheat Board.” Nothing could be further from the truth. MCGA directors were very clear in media interviews (as well as in the
Cereals, News

Rail Revenue Cap Changes?

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Gerry Ritz, who hopes to continue as Canada’s agriculture minister in the newly elected Harper majority government, said last week farmers might need to pay more for grain transportation in order to get better railway service. “We want a much more commercially based system,” said Ritz, who was re-elected May 2 in the Saskatchewan constituency
Cereals, Oilseeds, Opinion

The Question Now, Is How?

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The federal Conservatives made no secret of their plans to end the Canadian Wheat Board’s monopoly if given a majority. Canadians, including the vast majority of Prairie farmers, gave them the mandate. So no one should be surprised if they do what they said they would, despite the results of CWB director elections. You don’t
Cereals, Opinion

Time To Call It Quits

Can the Canadian Wheat Board survive without the “single desk?” Anyone considering the question would do well to consider the following: Why should the Canadian Wheat Board absorb the cost of branding Canadian wheat, absorb the cost of promotion and working on sales of Canadian wheat, absorb the cost of dealing with trade issues; absorb
Cereals, Crops, Oilseeds

CWB Single Desk To End, But When?

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It’s not a question of if, but when Stephen Harper’s majority Conservative government will kill the Canadian Wheat Board’s monopoly over western Canadian wheat and barley. The Tories have promised since 2006 to abolish the CWB’s statutory single desk, but were stymied until winning 167 seats in the May 2 election, giving them a solid
Cereals, News

In Brief… – for May. 5, 2011

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First quarter:Maple Leaf Foods Inc., passed on rising food costs to consumers in the first quarter and posted a higher profit April 28. Maple Leaf said its profit margins on prepared meats rose because of its price increases, although it also reported some volume declines. The company, which sells its products under such brands as
Cereals, Oilseeds, Opinion

I Want My Money Back

I strongly object to the efforts of the Manitoba Canola Growers to put canola under the Canadian Wheat Board “Marketing survey not supported” (Co-operator,April 14). Canola has been a great, profitable success story for Prairie farmers and putting it under the CWB would only threaten this success.
Cereals, Crops, Hogs

Farm Debate Mostly A Rerun Of Earlier Shows

Other than the occasional elbow in the direction of Agriculture Minister Gerry Ritz, the two-hour debate among the main political parties on agriculture policy April 11 featured a lot of the same old taunts and promises. Liberal Wayne Easter, Bloc Andre Bellevance and New Democrat Pat Martin, whose downtown Winnipeg riding includes the headquarters of
Cereals, Oilseeds, Opinion

Canola Survey Asks The Right Question

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We’re all rational people here, right? I would hope that if one of us has a new idea, we should be able to bring it forward and debate it, discuss its merits, and reach some kind of a logical conclusion. It all sounds simple enough. So why is it that the minute there is any

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