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THURSDAY, SEPTEMBER 26, 2013

VOL. 91 | NO. 39 | $4.25

Visitors welcome GROWING WITH FARMERS FOR 90 YEARS

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Open Farm Days promotes agriculture in Manitoba | P. 79

WWW.PRODUCER.COM

RESEARCH | FUNDING CUTS

SPARKS FLY AND THE CLOCK TICKS

Research funding decline worries institute BY BARRY WILSON OTTAWA BUREAU

GUELPH, Ont. — The scientific director of the University of Guelph’s International Barcode of Life project says government commitment to long-term research funding is declining, and the consequences could be dire. Paul Hebert said the Biodiversity Institute of Ontario, which houses the Barcode of Life Secretariat, has received tens of millions of dollars over the last decade. However, he said governments are increasingly cutting research funding, restricting commitments to short-term projects aimed at creating market products for industry driven projects. “In terms of investment in science, I think the last decade has been magnificent and we could dream in Technicolour,” he said. “I now see the situation changing for the worse and I worry.” The Barcode of Life project has seen its budget cut dramatically and most funding is slated to expire in 2015. SEE RESEARCH FUNDING, PAGE 2

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Brent Woynarski fabricates a new frame that holds the knife drive pivot, which broke off while combining lentils near Strasbourg, Sask., Sept. 7. | WILLIAM DEKAY PHOTO

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MARKETING | CWB OWNERSHIP

CWB starts privatization with equity offer to prairie farmers Equity for grain | Farmers would receive $5 equity in the company for every tonne they sell BY BRIAN CROSS SASKATOON NEWSROOM

The former Canadian Wheat Board has taken its first steps toward privatization. It has unveiled a two-pronged plan that includes establishing a network of grain handling facilities across Western Canada and promising prairie farmers an equity stake in the soon-to-be privatized company. Gord Flaten, CWB’s vice-president of grain procurement, said farmers across Western Canada will receive $5 worth of equity in the privatized CWB

for each tonne of grain they sell through CWB in the 2013-14 crop year. The company did not say when privatization would occur or how the acquisition of grain handling facilities would be financed. Details of the farmer equity plan were posted Sept. 13 on the CWB website. “We are going to be announcing details of the grain handling network at a later date but right now, we’ve decided it’s important to inform farmers and our grain handling agents about the farmer ownership component so that when farmers are

making their decisions about marketing this fall, this information will be available,” said Flaten. The promise of farmer equity is subject to CWB receiving legal, regulatory and governmental approvals, but Flaten expects that will be no problem. Acquiring a network of grain handling facilities is an ambitious and costly strategy that could require tens, if not hundreds of millions of dollars worth of investment capital. Flaten said Sept. 20 that CWB has identified potential corporate partners that could help CWB transition from a government-backed marketing agen-

cy with no grain handling assets to a private-sector company with country elevators and an ownership structure that includes farmer equity. He declined to identify companies that might be involved in the privatization, saying details will be announced as decisions are finalized. The new company will be “Canadian focused” but Flaten did not rule out the possibility that CWB would partner with either an Americanbased company or a foreign multinational involved in grain handling. SEE CWB PRIVATIZATION, PAGE 2

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The Western Producer is published in Saskatoon by Western Producer Publications, which is owned by GVIC Communications Corp. Publisher: Shaun Jessome Publications Mail Agreement No. 40069240

SEPTEMBER 26, 2013 Return undeliverable Canadian addresses to: Box 2500, Saskatoon, SK. S7K 2C4


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