April 15, 2015
Canada’s grain growers welcome next stage in marketing freedom
OTTAWA, April 15, 2015 – Grain Growers of Canada (GGC) welcomes today’s announcement that CWB has entered into a partnership with G3 Global Grain Group. This significant investment will allow CWB to become a major player in a competitive Canadian and global grain market.
“Grain Growers have long supported the return to marketing freedom for Canadian grain,” said Gary Stanford, GGC President. “We welcome the CWB’s role in the Canadian commercial grain trade and believe that this next stage in the life of the organization will help enhance competition and choice for farmers.”
Since the announcement of the Marketing Freedom for Grain Farmers Act in 2011, the CWB has made significant investments in infrastructure. The $250 million partnership with G3 will allow CWB to fully transition to a private commercial enterprise and allow them to better serve their customers.
Grain Growers are pleased to see that pooling will continue to be offered through the CWB, further enhancing marketing choice. GGC also notes that farmers will have the opportunity to hold a stake in the joint venture through the Farmer Equity Plan.
“Grain farmers across western Canada can look forward to working with CWB in an open market environment,” concluded Stanford.
Grain Growers of Canada provides a strong national voice for over 50,000 active and successful grain, oilseed and pulse producers through its 14 provincial and regional grower groups, representing wheat, durum, barley, canola, oat, corn, soybean, pea, lentil, rye, and triticale farmers from across Canada. Our mission and mandate is to pursue a policy environment that maximizes global competitiveness and to influence federal policy on behalf of independent Canadian grain farmers and their associations.