CWB Archives - Page 2 of 5

New lawsuit claims CWB kept $145 million of farmers’ money

By Grainews Staff, GFM Network News April 24, 2017

Brookdale Manitoba farmer Andrew Dennis has filed a statement of claim in the Manitoba Court of Queens Bench claiming the now-defunct Canadian Wheat Board (CWB) withheld money owed to farmers to help finance its transition to a private grain company. Dennis is seeking certification of a class action lawsuit on behalf of all farmers who […] Read more

Crops

Tax treatment of deferred grain cash tickets under review

By Grainews Staff, GFM Network News March 24, 2017

Grain growers in Canada who take deferred cash purchase tickets for crops are being asked whether it’s time to get rid of the rule that allows income from those tickets to be put off to the following tax year. Tucked into federal Finance Minister Bill Morneau’s budget on Wednesday was an announcement of public consultation, […] Read more

Southwestern Saskatchewan MP David Anderson (centre), shown here last year visiting Agriculture and Agri-Food Canada’s research facility at Swift Current, is the federal Tories’ new agriculture critic. (DavidAnderson.ca)

Crops

Anderson named federal Tories’ ag critic in shuffle

By Grainews Staff, GFM Network News September 15, 2016

A vocal critic of the former Canadian Wheat Board single marketing desk for Prairie wheat and barley is now the lead agriculture critic in Her Majesty’s Loyal Opposition. David Anderson, the MP for the southwestern Saskatchewan riding of Cypress Hills-Grasslands since 2000, was named Thursday as the Conservatives’ critic for agriculture and agri-food by interim Tory […] Read more

Crops, Markets, Reuters

Saudi Arabia boosts stake in G3 Canada

By Rod Nickel, GFM Network News June 17, 2016

Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more

Crops

Red pens come out for postmortem report on CWB era

By Grainews Staff, GFM Network News April 16, 2016

A researcher working for a group calling for the return of single desk marketing misinterpreted data in former Canadian Wheat Board annual reports to conclude the board paid lower rates for shipping grain. Several sources, including a former Canadian Wheat Board director, say University of Saskatchewan Ph.D. candidate Laura Larsen used an inaccurate comparison in […] Read more

Crops, Markets

Post-CWB review flags grain trade ‘inefficiency’

By Grainews Staff, GFM Network News April 13, 2016

WITHDRAWN, April 15, 2016: A historian’s review of the Prairie grain trade, commissioned by supporters of the former single marketing desk for wheat and barley, suggests history is repeating itself at grain growers’ expense — but the data on which the review is based is now being questioned. The Canadian Wheat Board Alliance on Wednesday released a […] Read more

Concrete is poured in May for a grain terminal now owned by G3 Grain. Farmer deliveries in September reached their highest level in records since 2001. (CWB.ca)

Crops, Markets

Prairie farmers seek answers to the $6.5 billion question

By GFM Network News February 22, 2016

CNS Canada –– The Canadian Wheat Board single desk has now been gone for 3 1/2 years, but there are still some in the Prairie farming community who would like to see it brought back. Whether that’s actually possible is a question for another time — but the data being used to make the case […] Read more

Cereals, Columns

The new G3’s cross-Canada future

Understanding Market Bulls and Bears: Brian Wittal sees the new CWB as a strong competitor in the Canadian grain industry

By Brian Wittal November 30, 2015

In 2012 the CWB’s monopoly powers were stripped away. Over the next couple of years the new entity purchased or entered into joint ventures with producer-owned grain handling facilities and built a number of new concrete facilities across the Prairies to try to remain a relevant player in the grain handling and marketing business in […] Read more

Crops, Markets

G3 to build Hamilton port terminal for Ont. grain

By Grainews Staff, GFM Network News October 13, 2015

The grain company formerly known as CWB plans to build up a market share in Ontario grain and oilseed handling for export, with a new Lake Ontario terminal at Hamilton. G3 Canada announced Tuesday it will build a new lake terminal at the Port of Hamilton to ship crops out of southern Ontario en route […] Read more

G3 CEO Karl Gerrand, shown here in April in Winnipeg, said the company isn’t particularly interested in making a move on Glencore’s Viterra assets. (Dave Bedard photo)

Crops, Markets, Reuters

Not much interest in Glencore ag assets at grain firm G3

By Rod Nickel, GFM Network News October 13, 2015

Winnipeg | Reuters –– Grain handler G3 Canada, a joint venture between a Saudi Arabian firm and Bunge Ltd., doesn’t have much interest in bidding for a stake in rival Glencore’s agricultural business, its chief executive said Tuesday. Swiss-based Glencore, the trader and miner whose shares have been battered by the commodities slump, is looking […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Tag Archives CWB

New lawsuit claims CWB kept $145 million of farmers’ money

Tax treatment of deferred grain cash tickets under review

Anderson named federal Tories’ ag critic in shuffle

Saudi Arabia boosts stake in G3 Canada

Red pens come out for postmortem report on CWB era

Post-CWB review flags grain trade ‘inefficiency’

Prairie farmers seek answers to the $6.5 billion question

The new G3’s cross-Canada future

G3 to build Hamilton port terminal for Ont. grain

Not much interest in Glencore ag assets at grain firm G3

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