The CWB has a new agreement for country and port grain handling services with Cargill.
“We are very pleased that Cargill, with whom we’ve partnered very successfully in the past, has become the first player in the Canadian grain industry to find innovative ways for us to work together,” said CWB president and chief executive officer Ian White in a news release Thursday.
“We can now move ahead to provide farmers with an exciting package of programs they can use with confidence in this new era.”
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White said CWB pools and cash contracts, including futures-based programs, as well as malting barley production contracts, will be available for farmers to sign within the next few weeks.
Cargill Ltd. President Len Penner said the deal allows the company to present the most complete offering of wheat marketing tools to western Canadian growers.
“The CWB has a proven track record of managing a western Canadian wheat pool. It is only logical that farmers continue to have access to CWB pools, if that’s what fits for them” he said in the release.
The CWB continues to negotiate with other grain handlers and White said he expects more agreements to be completed soon.
Cargill’s collaboration gives farmers who market through the CWB access to 30 facilities across Western Canada, White noted, along with port access at Vancouver, Thunder Bay and Baie Comeau.
