Western Canadian Wheat and Barley Farmers Finally Get Marketing Freedom
Balgonie, Saskatchewan, December 16, 2011 - Western Canadian wheat and barley farmers finally have the freedom to market their wheat or barley as they choose, whether that is with a grain company, processor or the Canadian Wheat Board, following the Royal Assent of the Marketing Freedom for Grain Farmers Act. Western farmers, the grain industry, business groups, provincial governments and Agriculture Minister Gerry Ritz celebrated this historic day with the signing of the first forward contracts for wheat and barley.
As of today, Western wheat and barley farmers now have the freedom to forward contract for the delivery of wheat and barley to the Canadian Wheat Board or the buyer of their choice for delivery after August 1, 2012.
With the passing into law of the Marketing Freedom for Grain Farmers Act, the first steps are in place to remove the monopoly, unleashing the true economic potential of the prairie grain sector. The Canadian Wheat Board (CWB) will be a voluntary marketing option for farmers, supported by the Government as it transitions to a privately owned entity.
Working with the CWB, farmers, the grain value chain and provincial partners, the Government of Canada is implementing an orderly transition to market freedom which includes a viable, voluntary CWB, as part of an open and competitive Canadian grain market.
Additional information can be found at www.agr.gc.ca/freedom.
For more information, media may contact:
Agriculture and Agri-Food Canada
Director of Communications
The Office of the Honourable Gerry Ritz