Reading Time: 2 minutes Geneva | Reuters — The world’s wheat crop will shed three per cent this year to 703.4 million tonnes from last year’s record, but it will still remain above the five-year average, grain marketing company CWB estimated on Wednesday. The global 2015 corn crop should fall 1.6 per cent from a record last year to […] Read more
CWB sees global grain crops falling back from records
State of Prairie winter wheat still unknown
Reading Time: < 1 minute 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
CWB building sold: reports
Reading Time: < 1 minute 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
Mild weather poses risks for Prairie winter wheat
Reading Time: 2 minutes CNS Canada — Milder-than-normal temperatures across Western Canada over the past week could raise some issues for its winter wheat crops, though snow cover and conditions through the rest of the winter will also be important. “It’s not ideal conditions for winter wheat, and I’d anticipate that we’d see some damage,” said CWB analyst Bruce […] Read more
Australia’s approach to grain co-ops
Owned by 4,200 farmers, the giant CBH Group adds a whole new dimension to phrases like value-adding and diversification
Reading Time: 6 minutes Given the demise of the prairie pools and the recent sales of a number of Canada’s new-generation co-operative grain terminals, it would be understandable if many Canadian farmers, grain traders, farm advisers and policy makers believe co-operative grain marketing ventures are simply not viable in today’s world. Just don’t try and tell that to Western […] Read more
CWB seeks partner with grain handling expertise, money
Reading Time: 2 minutes The grain firm formerly known as the Canadian Wheat Board wants it known the company’s looking for an industry partner, not a new owner — and not just any partner. Aiming to scotch what it calls “speculation and inaccuracies” in recent reports about its future and its plans for full commercialization, CWB laid out its […] Read more
First of CWB’s laker vessels en route to Canada
Reading Time: 2 minutes The grain company formerly known as the Canadian Wheat Board expects to have its first of two laker vessels in Canadian waters by the end of the year. CWB announced Monday it took delivery of the first vessel, an Equinox-class boat dubbed the Marquis, effective Oct. 31, and expects it to sail through the Panama […] Read more
CWB Expects Higher Returns For Canola, Wheat And Durum
Reading Time: 4 minutes CNS – CWB, formerly known as the Canadian Wheat Board, has raised Pool Return Outlooks (PROs) for durum, wheat and canola in its latest report. They noted it is a special mid-term outlook, due to market changes since the previous report released on October 23. PROs were higher for all three crops due to the weaker […] Read more
CWB takes pass on FNA’s proposal
Reading Time: 2 minutes Ag input buying group Farmers of North America (FNA) says its proposal to buy the grain firm formerly known as the Canadian Wheat Board has been rebuffed. Saskatoon-based FNA said Monday its proposal — which called for CWB’s assets to become part of an farmer-owned grain handling and fertilizer manufacturing and marketing organization dubbed Genesis […] Read more
Clock ticking on FNA-led group’s proposed play for CWB
Reading Time: 4 minutes Farmers of North America (FNA) executives are pleading for more time from the federal government to help farmers hammer out a deal to buy the former Canadian Wheat Board. FNA has created a new organization, Genesis Grain and Fertilizer LP, to build a farmer-owned grain handling and fertilizer sales and distribution company. As of Tuesday, […] Read more
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