Category: CWB Boondoggle

Coverage of the CWB single desk issue.

How did you celebrate wheat and barley marketing freedom day?

Farmers across Western Canada celebrated on Tuesday as it was the fifth anniversary of farmers gaining marketing freedom for wheat and barley, formerly known as ‘board grains’. On August 1, 2012 farmers were given control of marketing their own farm production. Wheat and barley no longer had to be sold through the Canadian Wheat Board’s… Read more »

We’re Not Actually Talking About Bringing Back the CWB Single Desk, Are We?

A remnant of the pro-Canadian Wheat Board movement is still alive, and still punching above its weight, even though it’s been three-and-a-half years since the federal government buried the CWB’s single desk monopoly. The latest example of the vocal minority receiving mainstream attention: “Prairie Farmers Calling for the Return of the Canadian Wheat Board” read the… Read more »

Gerry Ritz Reminisces About His Time as Minister of Agriculture

The Hon. Gerry Ritz served as Canada’s agriculture minister for eight years — from the summer of 2007 to the fall of 2015. Not everybody agreed with his politics or his personality, but there’s no question Ritz had a big impact on the direction of Canadian agriculture. From ending the Canadian Wheat Board’s monopoly to… Read more »

Wheat Growers Hire New Executive Director as Rutter Steps Down

The Western Canadian Wheat Growers Association has hired a new executive director as Blair Rutter has stepped down from the position. Rutter joined the Wheat Growers in 2005 and led the organization in advocating for ending the Canadian Wheat Board’s monopoly, while pushing for improved market access, a less restrictive variety registration process and improved… Read more »

G3 Assessing Feasibility of a New Elevator at Port of Vancouver

CWB’s commitment to new “bricks and mortar” continues to take shape as G3 Global Holdings announces its plan to examine the feasibility of a new elevator at the Port of Vancouver. “The G3 vision is to create a highly efficient coast-to-coast Canadian grain enterprise that provides stronger market access solutions for growers and delivers value to… Read more »

Wheat Market Transparency — How can it be fixed? Or does it need fixing?

In theory, price transparency is required for a free market to be efficient. In reality, farmers like to know they’re getting a fair value for their grain. A lack of transparency was seen by some producers as one of the reasons why the Canadian Wheat Board’s monopoly needed to be dismantled. That wish was granted… Read more »

Farmer Equity and G3’s CWB: Questions About Farmer Ownership Remain

Western Canadian farm groups are generally welcoming the increased competition that should result from turning the (incapacitated?) Canadian Wheat Board into a private grain company controlled by Bunge and a Saudi investment company, but producer groups are still seeking answers about the farmer ownership part of the deal. The agreement announced this week will see farmers owning 49.9 percent… Read more »

Who is G3 and What are Their Plans for the CWB?

Less than three years after the end of the Canadian Wheat Board’s single desk, the CWB is on the verge of becoming a private grain company controlled by a joint venture between global grain business Bunge and the Saudi Agricultural and Livestock Investment Company — the Saudi Arabian government’s primary agricultural investment arm. The new alliance known… Read more »

G3 Global Grain Group (Bunge & SALIC Canada) Takes on Majority Ownership of CWB — Updated

Update on July 31, 2015: G3 Global Grain Group today announced the successful close of its deal to acquire a majority stake in CWB. CWB will be combined with the grain assets of Bunge Canada to form G3 Canada Limited. Ian White, CWB President and CEO, said he is “gratified” with the outcome of the CWB… Read more »

Supreme Court Decides Against Hearing Class Action Lawsuit Over End of CWB Single Desk

The Supreme Court of Canada has decided it will not hear the class action case brought forward by four farmers representing the Friends of the Canadian Wheat Board. The decision upheld previous rulings by the Federal Court and the Federal Court of Appeal, which rejected most of the group’s $17 billion lawsuit against the federal… Read more »

CWB Directors Knew Assets Bought With Farmers’ Money Would Become Crown Property: Former CWB Director

Guest editorial by Henry Vos, a former Canadian Wheat Board director from Alberta. Editor’s note: This week the Friends of the Canadian Wheat Board, a group that includes some former CWB directors, applied to have the Supreme Court hear their appeal to move ahead with a class action lawsuit against the federal government. The $17… Read more »

While Questions Surround CWB 2.0, Farmers Should Hope Privatization Goes Well

So who’s going to buy CWB (formerly “the Canadian Wheat Board”)? And where’s the money for new elevators coming from? Will they become “just another grain company”? How will farmers benefit? These are all questions I’ve heard farmers asking each other during intermissions at hockey rinks, at coffee shops and on Twitter over the last… Read more »

FNA Says CWB Has Rejected Its Bid To Turn the Wheat Board Into a Farmer Grain Company

Farmers of North America says its bid to acquire the former Canadian Wheat Board and its grain handling assets has been rejected by CWB’s management. FNA was looking to raise up to $380 million from Western Canadian farmers to purchase a majority stake in CWB and use its assets to launch a farmer-owned grain and… Read more »

FNA Asking Ottawa To Hold Off On Privatizing CWB

Farmers of North America is asking the federal government to hold off on privatizing the Canadian Wheat Board to give the Saskatoon-based farmer business alliance more time to pitch its plan for turning CWB into a farmer-owned grain company. FNA has held over 100 farmer meetings across Western Canada over the last month asking farmers… Read more »

Figuring Out FNA’s Proposal to Acquire CWB

Farmers of North America is urgently seeking farmers willing to invest in acquiring a majority stake in CWB (formerly the Canadian Wheat Board.) The “farmer business alliance” has hosted dozens of farmer meetings across Western Canada over the last few weeks — right in the middle of harvest for most potential investors. While the plans that… Read more »