Quality problems with this year’s durum crop in Italy and France, combined with the worst quality crop on record and lower yields in Canada, have resulted in skyrocketing prices for durum. Buyers are scrambling to find higher quality supplies for pasta production, says Neil Townsend, director of market research with CWB, in the interview below…. Read More

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

In a move that might be seen as a good ideological fit, Farmers of North America has launched a campaign asking its members whether they would be willing to invest in purchasing a majority interest in the former Canadian Wheat Board (now known as CWB.) The farmer alliance says a producer-owned grain handling company would… Read More

The grain company evolving from the former Canadian Wheat Board has announced construction of its third new elevator in Western Canada. CWB says it’s beginning construction on a 42 thousand metric tonne elevator at Pasqua, Saskatchewan — approximately 10 kilometres east of Moose Jaw on Highway 39. The facility will be adjacent to the CP… Read More

CWB has announced an agreement where it will acquire, through a wholly-owned subsidiary, all the issued and outstanding common shares of Great Sandhills Terminal Ltd.  (GST), based at Leader, Saskatchewan.  The deal, worth $581.98 per share, represents a total equity value, on a fully diluted basis, of $17,426,227 (subject to adjustment in certain circumstances), according… Read More

CWB today announced it has acquired a 10% stake (approximately) in Prairie West Terminal Ltd (PWT), a farmer-owned grain handling organization located in west central Saskatchewan. Including the shares owned by  Mission Terminal Inc.,a wholly-owned subsidiary of CWB, this 10% buy-in brings total CWB ownership of PWT up to approximately 12% ownership.  Financial details of… Read More

It’s been nearly seven months since the Canadian Wheat Board became CWB — a pooling-focused wheat, barley and even canola marketing company operating in an open market. High cash prices since last fall had some expecting the pooling option wouldn’t be very popular, but as Ian White, CEO of CWB explains CWB isn’t just about… Read More

CWB has launched two new pools for farmers, including one that enables each farmer to choose their own price based on futures values, according to a company press release. The Winter Pool will operate like traditional pools, and features a six-month pooling period. The Futures Choice Winter Pool includes the option for farmers to choose… Read More

CWB announced today the dispatch of its first shipload of canola from the Port of Prince Rupert. The cargo of 42,000 tonnes of Prairie canola is now travelling aboard the vessel Tai Health, enroute to customers in Japan, according to the company’s press release. Changes to the western Canadian grain-marketing system, implemented by the federal… Read More