Wheat pool Archives - Page 10 of 28

Big payday for Schmidt if Viterra sells

By Manitoba Co-operator Staff March 29, 2012

Viterra CEO Mayo Schmidt will earn millions of dollars if Glencore buys Viterra, according to the Globe and Mail. Citing security filings the Globe says Mayo Schmidt will be paid an estimated $37.5 million through “a combination of the value of his stock holdings and of the fully vested value of his outstanding options and

Cereals, News

Farmers want Competition Bureau to scrutinize sale of Viterra’s input stores

By Allan Dawson March 29, 2012

Most farm groups are giving the Viterra sale a thumbs up on the grain side of the transaction, but there’s concern about potentially less competition in farm input sales. Glencore is buying Viterra, but will sell 232 of Viterra’s 258 input stores in Canada and all 17 in Australia, along with 34 per cent of

Cereals, Crops, Grain Markets, News

New ICE wheat contract will struggle

By Allan Dawson March 23, 2012

The outlook for the new ICE Future Canada’s wheat futures market isn’t great, according to Neil Townsend, the Canadian Wheat Board’s North American market analyst. The long-running spring wheat futures market in Minneapolis didn’t get enough business before the Winnipeg market launched in January, he said. As a result, Minneapolis wasn’t “liquid” enough — a

Cereals, Crops, News

Farmers fear consolidation, not foreigners, in Viterra bid

By Rod Nickel March 23, 2012

Reuters / For most of the past year, western Canadian farmers have braced for the rush of competition that will follow the end of the Canadian Wheat Board’s 69-year-long monopoly on grain marketing in August. Now, they’re preparing for the possibility of seeing less than expected. The fertile region’s biggest grain handler, Viterra, said March

Cereals, Crops, Grain Markets, News

Currency risk protection offered

By Allan Dawson March 23, 2012

Volatile currencies can hurt your bottom line more than changes in commodity prices. That’s why the Keystone Agricultural Producers (KAP), in conjunction with Western Union Business Solutions, is introducing a new foreign exchange risk-management program. “If it makes sense to a producer, we can provide a solution,” said Mark Kelly, Western Union Business Solutions’ senior

Cereals, Hogs, Opinion

Letters, March 22, 2012

March 23, 2012

Taxpayers on the hook (again) When I first saw the article in newspapers about $4.5 million for Maple Leaf upgrades, my first thought was, is it election time again, and so soon? I do not understand why Minister Vic Toews, chastises the city of Winnipeg and the media reporting as to what and whose sewage

Cereals, Crops, Grain Markets, News

CWB officials promote pools at grower meetings

By Allan Dawson March 23, 2012

While the Canadian Wheat Board had its monopoly, some farmers complained getting a “good, average price” for wheat wasn’t good enough. But in the coming open market, the board is betting lots will think that’s pretty good. “The average of the market through a pooling operation does actually return people the best value, overall, over

Cereals, Crops, News

Cigi being wooed to move to Saskatoon

By Allan Dawson March 14, 2012

Fears that scrapping the monopoly-powered wheat board could undermine Winnipeg’s grain sector hegemony were bolstered with news Saskatoon wants Cigi (Canadian International Grains Institute) to move there. The offer came Nov. 29 during a meeting with Saskatoon economic development group representatives, Rex Newkirk, Cigi’s director of research and business development said in an interview March

Cereals, News, Opinion

Farmers still waiting for marketing choice

March 14, 2012

On behalf of tens of thousands of successful farmers who eagerly anticipate a new wheat and barley era, we strongly encourage both private grain companies and the new voluntary Canadian Wheat Board to use all possible resources to successfully conclude their ongoing negotiations on handling agreements. The Grain Growers’ policy has always been marketing choice

Cereals, Crops, International news, News

Kazakhstan plans to create national grain company

By Raushan Nurshayeva March 14, 2012

Kazakhstan, a top 10 world wheat exporter, unveiled a tentative plan on Feb. 24 to create a national grain company funded by the state and private business that would equip the former Soviet republic with better infrastructure to move its grain to market. The company, a response to President Nursultan Nazarbayev’s call to better organize

Daily Network News

Huge crops in South America says analyst

U.S. livestock: ‘Cattle on feed’ report supports prices

U.S. grains: Wheat trades near contract lows under ample global supply

Tag Archives Wheat pool

Big payday for Schmidt if Viterra sells

Farmers want Competition Bureau to scrutinize sale of Viterra’s input stores

New ICE wheat contract will struggle

Farmers fear consolidation, not foreigners, in Viterra bid

Currency risk protection offered

Letters, March 22, 2012

CWB officials promote pools at grower meetings

Cigi being wooed to move to Saskatoon

Farmers still waiting for marketing choice

Kazakhstan plans to create national grain company

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