grain filling a shipping vessel

Understanding today’s wheat basis

It’s not always simple to calculate the true basis these days. Here’s an example

In my previous article I was remiss in detailing the fact that there are costs for freight, elevation and handling that must be accounted for within the wheat basis that the grain companies post. To clarify a few things I am going to do a complete calculation of price, costs and basis levels starting with […] Read more



How you’re funding the WGRF

How you’re funding the WGRF

In the last issue of Grainews we ran a story about farm research levies. That was just the first in a series of articles about the organizations representing Prairie farmers. In this column: the Western Grains Research Foundation. You’re funding that. Your money gets to the WGRF in two ways. We’ll start with your levies. […] Read more

Knife to a gun fight

Farm talk: Grain marketing has changed. Farmers need to be ready to deal with the new reality

Have you ever heard the expression “Never take a knife to a gun fight?” It’s good advice. Unless you are armed with as good a weapon as your foe you are most likely to face defeat, or at least a good thrashing. That lesson was not lost on western Canadian farmers through the years they […] Read more


Churchill enjoys busy shipping year

Churchill is nearing the end of a busy grain shipping season, with the tonnage moving through the northern port expected to come in well above the previous year. “We’ll be wrapping up in the next 10 to 12 days,” Darcy Brede, president and chief operating officer of OmniTRAX, said last week. More than 500,000 tonnes […] Read more