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Farmers, Friends of the CWB to Appeal Lawsuit Decision

By Amanda Brodhagen, Farms.com

They aren’t giving up.

Friends of the Canadian Wheat Board (FCWB), a group of farmers who support the former CWB monopoly said they plan to appeal a class action ruling.

The group tried to sue the federal government and the CWB claiming that farmer property had been wrongfully taken by Ottawa and the CWB, but their case didn’t prevail. The judge ruled that changes to the CWB legislation did not deprive class action plaintiffs of property or assets; but the judge did say that the government may have cheated farmers of some pool payments during the 2011-12 year. Because of this possibility, a limited class action suit should be allowed, the judge added.

Stewart Wells, chairperson of the said the group filed an appeal as of Nov. 29, 2013. In a news release, Wells argued that the plaintiffs believe that judge Tremblay-Lamer made an erred judgment. “We believe Justice Tremblay-Lamer made errors of fact in her judgment and our supporters feel that it is imperative that we continue with our legal efforts to recover the $17 billion dollars of value and assets farmers put into the Wheat Board,” he said.

The FCWB is being represented by Anders Bruun.

 


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No market-moving end-of-June USDA Acreage and quarterly stocks reports. U.S. corn crop conditions at 73% good-excellent has the trade talking above-average trendline yields at 183 – 190 bpa (2-5% above trend for 2025). Rumors that Trump in Iowa on Thursday evening could announce more trade deals on top of the Vietnam trade deal, but the whisper is that there might be a trade deal with China?
Sunday night's U.S. weather outlook ahead of the key U.S. corn pollination stage and trade deals could be market-moving for Monday’s trade after a long 3-day U.S. holiday.