CWB forms alliance with Cargill Ltd 0
The Canadian Wheat Board has reached its first agreement for grain handling services with programs for farmers.
The agreement was made with Cargill is expected to provide farmers who market through the CWB with the delivery access and port handling services.
"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 CEO Ian White in a press release. "We can now move ahead to provide farmers with an exciting package of programs they can use with confidence in this new era."
White said CWB pools and cash contracts, future programs as well as malting barley production contracts, will be available for farmers in the next couple of weeks.
Cargill Ltd. President Len Penner said: "We are excited about this opportunity. It allows us 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."
Cargill's co-operation gives farmers who market through the CWB access to their 30 facilities across Western Canada.