Farmers sometimes opt for grain payment deferrals because of the tax savings, but the Canadian Grain Commission says producers could be left without coverage if a company goes out of business. | Paul Yanko photo

Producers urged to ensure grain deliveries are protected

Canadian Grain Commission says it watches at-risk companies, but acknowledges that changes in a firm’s situation can happen quickly

REGINA — Farmers have until Jan. 27 to file claims with the Canadian Grain Commission against Purely Canada Foods. Jon Friesen, the commission’s chief operating officer, said the cluster of companies that have fallen into financial difficulty in the last year is unusual. Purely Canada is the only ongoing claim assessment situation. The company’s licences […] Read more

CGC pulls grain dealer’s licence after payment complaints

LSM Commodities operates elevators in Saskatchewan and Manitoba and buys grain from producers across the Prairies

WINNIPEG — Kelly Arthurs has never had a problem with non-payment for a grain delivery — until this spring. On May 10, two semi-trucks came to Arthurs’ farm in west-central Saskatchewan and loaded up with red lentils. Arthurs waited weeks for payment from LSM Commodities, a Saskatoon grain dealer, but the cheque never arrived. “Twice […] Read more