Prairie CWRS bids ease with U.S. futures

CNS Canada — Average cash bids for Canada Western Red Spring (CWRS) wheat deteriorated slightly during the week ended Friday, as losses in the US futures weighed on values. CWRS prices were $2-$5 per tonne lower across the three Prairie provinces, with average values ranging from about $205 per tonne in north-central Saskatchewan to $219



U.S. grains: Wheat retreats from rally fuelled by Russia export worries

Chicago / Reuters – U.S. grain and soybean futures slumped on Wednesday, with wheat dropping by 4 per cent in a setback from a rally fuelled by concerns over Russian export restrictions. The market extended a retreat from gains last week amid talk that Russia, expected to be the world’s fourth-largest exporter this year, won’t impose grain export duties until Feb.

Puratone feed mill sign advertisement

Feed mills being considered for CGC producer protection under C-48 legislation

The bill also proposes to revamp the producer protection program and create a new licence 
for container-loading elevators

Farmers who sell grain to feed mills might be protected if the company can’t pay its bills under sweeping changes proposed to the Canada Grain Act introduced to Parliament Dec. 9. The CGC will consult the industry about the proposed changes designed “to enhance producer protection, enhance producer quality and safety insurance and further modernize


two men at a podium during a presentation

The CGC is still on guard for thee

Canada's grain quality system has not been compromised post-wheat board or by the changes at the grain commission, the CGC's chief commissioner says

Canada’s wheat quality assurance system has not been weakened by elimination of the Canadian Wheat Board’s sales monopoly or inward inspection at export terminals, say Canadian Grain Commission (CGC) officials. “In light of a lot of the stories that have been going around I want to assure you it (ending inward inspection) hasn’t affected grain

Elwin Hermanson, Canadian Grain Commission chief commissioner

Canadian Grain Commission to review wheat class system

Wheat classes serve Canada’s grain industry well, but chief commissioner 
Elwin Hermanson wants to see how they can be improved

The Canadian Grain Commission is planning to review this country’s respected wheat variety classification system to see how it can best meet the needs of customers while adapting to a wider range of varietal qualities. Chief commissioner Elwin Hermanson told the Manitoba Seed Growers Association annual meeting Dec. 11 the review is about improving the


CME Group imposes rare halt on wheat futures trading

Chicago | Reuters –– CME Group briefly halted electronic trading in U.S. wheat futures overnight on Thursday, after prices sank 1.6 per cent in one second as concerns about Russian export curbs roiled the market. The 10-second pause represented only the fourth time this year that the world’s largest futures exchange operator has interrupted trading



CWB building in Winnipeg

CWB privatization attracts national attention

The former wheat board responds in ‘open letter,’ while the NFU calls on the western provinces 
to buy the board’s assets until farmers can take control

Maybe it was MP Pat Martin’s question to Agriculture Minister Gerry Ritz: “Has the minister lost his freaking mind?” or a recent Globe and Mail editorial, but CWB’s transition to a private grain company is getting lots of attention beyond the farm sector. So much so CWB issued an ‘open letter’ Dec. 5 to explain