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Status of Policy Issue: Canada Grain Act

It is widely recognized by stakeholders in the grain value chain that the industry has changed substantially since the last comprehensive review of the Canada Grain Act over 35 years ago. SaskCanola, along with the other representatives of the crop sector, advocated for the Canada Grain Act to be changed to reflect the size and sophistication of today’s farms. The review of the Canada Grain Act is an opportunity to modernize and update the Act to accommodate all parties involved in the production and export of Canadian grain. 

The Canadian Grain Commission must maintain its mandate of protecting farmer interests. Producer protections are in place to ensure that growers are treated fairly and that their risk is limited. Protections also demonstrate accountability of the grain system to producers, strengthen growers’ position as an important part of the grain production process, and support the development of strong producer – elevator relationships.

Improving market transparency is a key issue for farmers as shown by resolutions passed at five Saskatchewan producer commissions’ Annual General Meetings in 2021. Recent market disruptions, changes in trade patterns, and lagging information on supply and demand dispositions have illustrated farmers’ need for timely marketing information to maximize returns and improve profitability.

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Global Story Keeps Fertilizer Prices Stubbornly High Even With Lower Grain Prices

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There’s a big wave building in the fertilizer sector. Josh Linville from StoneX is back with us to talk about the impact of tariffs, demand and reduction in usage is having on the major products of UAN, phosphate, urea, potash and NH3.