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THURSDAY, MARCH 27, 2014

VOL. 92 | NO. 13 | $4.25

Futures on the rise Major crop futures are hot again. | P. 7

GROWING WITH FARMERS FOR 90 YEARS

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WWW.PRODUCER.COM

TIME FOR A PEDICURE

GRAIN | U.S. MARKETS

Growers eager to fill U.S. orders Do research | Buyer quality assessments may differ from Canada BY ED WHITE WINNIPEG BUREAU

GROWERS EAGER TO SELL, PAGE 2

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Mark Angus and his father, Len Angus, of Jaymarandy Limousin trim the hoofs of one of their bulls March 19 near Roblin, Man., using their homemade tipping table. | ROBIN BOOKER PHOTO

CWB | GRAIN HANDLING

New elevator ‘first of many:’ CWB BY BRIAN CROSS SASKATOON NEWSROOM

CWB is adding another elevator to its small but growing network of grain collection facilities in Western Canada. The grain company announced March 24 that it is building a new, state-of-the-art, high-throughput elevator at Bloom, Man., west of Portage la Prairie. The facility will have storage capacity of 34,000 tonnes, a 130 car rail loop and load-out capacity of 60,000

bushels per hour. Construction will begin immediately, and completion is scheduled for next year. The first deliveries of grain are expected in the fall of 2015. CWB president Ian White said the new project is “the first of many” that will likely be announced in the coming months. Most grain delivered to the central Manitoba location will be shipped through Mission Terminal, a 138,000 tonne export facility at Thunder Bay, Ont., which CWB bought late last year.

“This location supports our recent Mission Terminal purchase pretty well because it will be mainly eastern movement grain that would come out of this (facility),” White said. “It’s really just the first of many, but it does support our eastern strategy at this point.” White said CWB has identified several locations in Western Canada that would allow the company to become a meaningful player in the region’s grain industry. NEW CWB ELEVATOR, PAGE 2

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u|xhHEEJBy00001pzYv":. MARCH 27, 2014 Return undeliverable Canadian addresses to: Box 2500, Saskatoon, SK. S7K 2C4 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

After moving millions of bushels of wheat into the northern United States this winter, some grain brokers say they’ve discovered a great outlet for prairie crop. “It’s definitely in our plans for the next year or two,” said Brian Voth, a marketing adviser with Agri-Trend Marketing in Altona, Man. Brokers who have moved lots of product say there are tricks to successfully marketing into U.S. elevators, but they have seen nothing that suggests farmers and marketers won’t regularly use the U.S. system whenever price spreads grow or prairie grain movement stalls. “It’s fairly basic,” said broker Doug C ha m b e r s o f Qu a l i t y G ra i n i n Calgary. Voth said his clients have moved more than 500,000 bushels of grain into the U.S. this winter, mainly milling wheat and canola. Chambers said his company has probably moved 1.25 million bushels of wheat into the northern U.S. Voth said the U.S. premium over Canadian prices was sometimes $2 per bu., while Chambers said $1.25 per bu. wasn’t hard to find at times. Both said they were able to find eager U.S. buyers and could have made more sales if they could have found ways to transport it.


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