MBC120712

Page 1

LAMB MARKET RETURNS TO EARTH

cwb changes could have dramatic effect

Contraction is causing feeders pain » PaGe 31

Views divided on outcome of open market » PaGe 14

July 12, 2012

SERVING MANITOBA FARMERS SINCE 1925 | Vol. 70, No. 28

Farm groups shine spotlight on Assiniboine valley woes

|

$1.75

manitobacooperator.ca

Open wheat market increases risk for those who can’t wait to sell

Province’s claim of “consensus” for regulating Shellmouth levels this spring is untrue, say liaison committee members By Daniel Winters co-operator staff / Griswold

E

arlier this spring, Leigh Smith figured that his 500acre canola field along the Assiniboine river would yield 50-60 bushels to the acre. Now, as floodwaters from further upstream pour in, the yellow flowers and green stalks are disappearing into morass that smells like a gigantic bowl of rotting cabbage soup. “It’s pretty hard to look at. I come over this hill and I expect to see a beautiful yellow canola field,” said Smith, who bought the land three years ago. “Now, it’s just devastation. It stinks.” After three years of flooding, the Oak Lake-area farmer with 3,500 acres of cropland in total, has yet to harvest a crop from that valley field. Crop insurance won’t help, because the yields on his higherup acres will balance out the losses down below, and any payout is based on total production. Earlier that day, Keystone Agricultural Producers and the Assiniboine Valley Producers

Experts say basis will likely widen and hurt those farmers with a shortage of bin space By Allan Dawson co-operator staff / moose jaw

B

uy or lease bins. That was the advice given to farmers attendi n g t h e r e c e n t Fa r m i n g for Profit conference, and w o n d e r i n g h ow t o m a n age the increased risk that comes with an open mar-

ket for wheat, durum and barley. “Storage will be king,” Moose Jaw farmer Vaughn Cone told the event organized by University of Florida agricultural economist Andy Schmitz. “It’s about when they (grain companies) are going to need our grain, not when we want to deliver it. And if you want to

deliver it when they don’t need it, be prepared.” Cone, who farms 8,000 acres, said he is leasing another four 25,000-bushel bins. One of the advantages of killing the Canadian Wheat Board’s monopoly touted by open-market supporters was increased delivery flexibility. Agriculture Minister Gerry

Ritz said farmers wouldn’t have to start their trucks and augers during the bitter cold to deliver. There will be flexibility, but in an open market prices will signal when farmers should deliver, said Frayne Olson, an agricultural economist at North See OPEN MARKET on page 6 »

THE SNOWFAKE STORM

Publication Mail Agreement 40069240

See FLOOD WOES on page 7 »

At a time when some experts are telling farmers to “go long” grain bins, farmers in the Snowflake area are finding themselves a little short on grain storage after a violent storm swept through the area July 4. But that’s not a problem, this year at least ,as many of crops in the area were also destroyed by hail.  Photo: Allan Dawson

» See more storm photos on page 6

U.S. ANTIBIOTIC DEBATE WORRIES CANADA » PAGE 3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.