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Seed Value Creation is Long Overdue

Ottawa, ON - The Western Canadian Wheat Growers Association firmly supports efforts to create value in the seed sector and reward those investing in breeding.
 
“Why wouldn’t farmers want both public and private breeders to develop new wheat varieties to provide more technology and choice?” says Gunter Jochum, Manitoba farmer, Director of the Wheat Growers, and participant of the first consultation in Winnipeg November 23rd.
 
Wheat Growers are pleased Agriculture and Agri-Food Canada (AAFC) and the Canadian Food Inspection Agency (CFIA) have organized consultation sessions regarding value creation models for cereals research and variety development in Canada. 
 
The Grains Roundtable proposed two revenue producing models, both of which are viable options in the eyes of The Wheat Growers. “We’re letting the consultation process run its course before stating a preferred choice. Wheat Growers are fully engaged in the sessions, and are keen to learn more about the pros and cons of both solutions,” Gunter explained.
 
The Wheat Growers feel it’s important for policy makers to know we support the ongoing process of consulting across the value chain.
 
"As farmers, we don’t feel the status quo is good enough, and want improvements including more investment, innovation and competition,” states Levi Wood, President of the Wheat Growers. “Competition is good, so if a new system encourages and facilitates more of it, we feel confident it’s a move in the right direction.”
Source : wheatgrowers.ca

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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.