Farms.com Home   Ag Industry News

Alberta Barley and Wheat Commission testing shared management

Alberta Barley and Wheat Commission testing shared management

Tom Steve appointed interim GM of Alberta Barley

By: Kate Ayers

Staff Reporter

 

A trial management-team merger aims to bring better service to Alberta’s wheat and barley farmers.

Tom Steve is currently general manager of the Alberta Wheat Commission (AWC) and with his new appointment as interim general manager for Alberta Barley, now leads both commissions.

The two boards have approved a four-month trial period to evaluate the viability of merging management teams, an Alberta Barley release stated yesterday.

“Our board saw this as an excellent opportunity to leverage the strong working relationship we have with the Alberta Wheat Commission,” said Jason Lenz, Alberta Barley Chair, in the release.

“By exploring the idea of a single management team, we hope to identify ways to provide greater value to the province’s wheat and barley farmers.”

Alberta Barley and AWC have worked together since 2012.

The release also indicated AWC chair, Kevin Auch, believes that the two commissions can achieve optimal productivity and best serve farmers with a shared management structure.

Early next year, Alberta Barley and AWC will decide on implementing a joined management structure which would operate under a single general manager and report to both boards, according to the release.

Photo Credit: https://pixabay.com/en/cereals-barley-field-barley-field-2590965/


Trending Video

Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.