News - CWB

The CWB announced that 2008-09 initial payments for wheat, durum and designated barley will increase effective February 19, 2009.

Western Canadian grain farmers’ returns were up 57 per cent in 2007-08, an exceptional year marked by record-high grain prices and a roller coaster ride through unprecedented market volatility, all outlined in the newly released CWB annual report.

The Canadian Wheat Board’s annual report released yesterday confirmed that the CWB suffered huge financial losses in its producer pricing options in the 2007/08 crop year.

The barley sandwich may soon be more than a nickname for beer.

The Canadian Transportation Agency (CTA) has ruled against an application by CN Rail that would have ended use of a Winnipeg interchange by the American railway company BNSF, which has used it for 97 years to transport grain to U.S. markets.

The Canadian Wheat Board (CWB) will increase exports of Prairie farmers’ wheat this year and is on track for record malting barley sales, despite the challenge in the world market environment and record-large global crop production.

The CWB announced that eight new recipients will share in funding from its annual Organic Sector Market Development Initiative (OSMDI), now in its second year.

The Chinese New Year will be celebrated in Beijing on Monday with dumplings made from 100-per-cent western Canadian wheat flour.

Farmers deserve to get back almost $60 million in railway revenue earned above the Western Grain Revenue Cap for the 2007-08 crop year, the CWB’s president and CEO said recently.

The CWB shipped 424,000 tonnes of western Canadian wheat through the Port of Churchill in the 2008 shipping season, above typical annual levels through the port.