G3’s Karl Gerrand, CWB CEO Ian White, Agriculture Minister Gerry Ritz and CWB chief strategy officer Dayna Spiring (from left) announce G3’s $250 million plan to take a majority stake in CWB. (Dave Bedard photo)

Bunge, Saudi Arabia to buy control of CWB

Agribusiness giant Bunge and the Saudi Arabian government’s ag investment arm are the joint “successful acquirer” of the former Canadian Wheat Board. Bunge Canada and SALIC Canada, an arm of the Saudi Agricultural and Livestock Investment Co., on Wednesday announced their new Winnipeg-based joint venture, G3 Global Grain Group, will pay $250 million to CWB […] Read more






(Michael Thompson photo courtesy ARS/USDA)

State of Prairie winter wheat still unknown

CNS Canada — Snow cover is rapidly disappearing across Western Canada, but it will still be a few weeks until the extent of any damage to winter wheat across the Prairies is fully known. “It’s still wait-and-see,” said analyst Bruce Burnett of Winnipeg grain firm CWB. The crop won’t start re-growing until the overnight temperatures […] Read more

grain elevator bins

Is the wheat basis a fair deal for farmers?

Changing basis levels at local elevators can leave farmers wondering if today’s markets are working fairly or not. Learn more about what you can learn from basis

With current wheat basis levels, are we being ripped off? This is a question many farmers have asked over the past couple of years, since the demise of the Canadian Wheat Board as a central marketing agency, and even more so this last year when we saw basis levels go to historically wide levels due […] Read more


(Dave Bedard photo)

CWB building sold: reports

CNS Canada — The former Canadian Wheat Board’s downtown Winnipeg office building has been sold, according to media reports. The eight-story building on Main Street was bought by Calgary-based Hopewell Development, reportedly for $9.7 million. The former wheat board, now called CWB, will continue to lease two floors of the building. The sale was initially […] Read more