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Tag Archives Monopsonies

Cereals, Crops, Oilseeds, Opinion

Battle For Acres

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It wasn’t many years ago when the grain market could be categorized as the good, the bad and the ugly with most commodities in the last two categories. Based on the market outlook presentations at the recent Crop Production Week in Saskatoon, the appropriate categories for 2011 are not so good, good and really good.
Cereals, News

Grain Rally Less Speculative Than In 2008: Ritz

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The recent rally in grain and oilseed prices is based more on concerns about crop levels than on speculation by investors, Canada’s agriculture minister said Jan. 17. Prices of crops such as wheat, corn, soybeans and canola are at their highest levels in more than 2-1/2 years amid flooding in Australia and dryness in Argentina.
Cereals, News

Revenue Cap Accounting Questioned

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CN and CP won’t face penalties for exceeding their revenue caps in the crop year that ended July 31, even though farmers paid about $6 per tonne above those caps to ship their grain. The railways collectively were $5.4 million or 17 cents a tonne under the Canadian Transportation Agency’s (CTA) revenue cap of almost
Cereals, Crops

CWB Ups Wheat And Durum PROs

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The Canadian Wheat Board expects to see higher prices for the wheat and durum marketed during the 2010-11 crop year, according to updated Pool Return Outlooks released Dec. 16. Malt barley price expectations were revised slightly lower from the previous month, while feed barley was left unchanged. PROs for wheat were increased by $3 to
Cereals, News

Singledesk Directors Still Hold Balance Of Power At CWB

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Directors who support single-desk selling retain the balance of power at the Canadian Wheat Board. Four of the five directors elected Dec. 12 support single- desk marketing. Four of the five other farmer-elected directors elected two years ago in even-numbered districts also support the single desk. However, it’s widely believed the five government-appointed directors support
Cereals, Crops, Opinion

Freedom Cry No Excuse For Dishonest Deliveries

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Alot can be learned while waiting in line at the elevator. One day I observed elevator employees climbing up on the top of a large semitrailer to probe a load of wheat for samples. For most small elevators, this would be considered unusual since the typical load is sampled as it is dumped into the
Cereals, Crops, News

West Coast Wheat Shipments Drop

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Total West Coast grain movement so far this crop year is just a bit off the pace from 2009-10. As of week 18 (Dec. 5) grain terminals in Vancouver and Prince Rupert shipped out almost 6.4 million tonnes of the major grains and oilseeds, down seven per cent compared with the same period a year
Cereals, Crops

Protecting Canada’s Grain Quality Reputation

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The Canadian Grain Co m m i s s i o n , t h e Canadian Wheat Board and the Western Grain Elevators Association have jointly issued a release reminding farmers that producer declarations protect the returns farmers earn from the international marketplace. The declaration system relies on producers to attest that the grain
Cereals, News

Producer Cars Receiving Special Treatment, Farm Leader Charges

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Producer cars and short line railways receive special treatment from the Canadian Wheat Board, according to the president of the Grain Growers of Canada. “Producer cars are not always profitable,” Doug Robertson told a symposium put on by his organization and the Canada Grains Council last month. “Sometimes certain agencies (CWB) make them profitable for

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