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SERVING MANITOBA FARMERS SINCE 1925 | Vol. 75, No. 18 | $1.75
May 4, 2017
Canadian Grain Commission proposes 24 per cent cut to major user fees Aug. 1 The question of what to do with the existing surplus remains
manitobacooperator.ca
Wheat weakness brings seeding uncertainty Producers aren’t happy when they look at wheat futures forecasts, but their seeding options might be limited
BY ALLAN DAWSON Co-operator staff
T
he Canadian Grain Commission (CGC) proposes to rein in its growing operating surplus by cutting its two major user fees Aug. 1, — eight months earlier than normally would be the case. If implemented, the combined fees for officially inspecting and weighing ships exporting Canadian grain will drop by 44 cents a tonne, or 24 per cent See CGC CUT on page 7 »
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Spring seeding is ramping up in Manitoba as farmers still have no good answers on what to plant. Rosebank Farms was seeding wheat west of Miami April 29. Moist soil conditions saw little dust flying. Field activity was expected to build this week if the weather continued to co-operate. PHOTO: ALLAN DAWSON
BY ALEXIS STOCKFORD Co-operator staff
L
ow prices, high global supply and a near-record high on U.S. wheat carry-over have some Manitoba producers scratching their heads on what to put into the ground. “If you look at almost anything, nothing really looks overly good, in my opin-
ion anyway,” Doug Heaman, a Virden seed grower and board member of the Manitoba Seed Growers Association, said. “The prices have all come down on most commodities. Hopefully it can only get better.” Western red spring wheat sits at $6.26 net cash per bushel in Winnipeg, according to Manitoba Agriculture, as the bad news piled up in report after report. T:10.25” On April 11, the U.S. Department of Ag-
riculture raised its U.S. wheat carry-over forecast by three per cent to 1.159 billion bushels as of June 1, 2017. An April 27 report by the International Grains Council forecast global wheat carry-over would hit 240 million tons by the end of the 2016-17 season. The same report said average world wheat export values had hit a four-month low. See SEEDING on page 6 »
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