Detailed Info on U.S.-Canada Wheat Trade Available Online

August 2, 2012 Bookmark and Share

A new online reference is available at http://canada-usgrainandseedtrade.info for U.S. and Canadian wheat farmers examining their marketing options following the end of the Canadian Wheat Board monopoly on Wednesday.

On August 1, the Marketing Freedom for Grain Farmers Act takes effect in Canada, implementing a cross-border trading system for wheat, durum and barley similar to what already exists for commodities like canola and pulses.

Though the change in Canada’s marketing environment will provide new opportunities for farmers on both sides of the border, it remains a complicated proposition.

The new website was launched Tuesday by a working group of U.S. and Canadian non-profit and trade organizations to address many frequently asked questions and provide updated industry news. Visitors can also submit comments and additional questions.

The site focuses on questions about grading, contracts and pricing and will be updated as new information and details become available. Important questions are answered on the site, including about how to find a buyer, how wheat will be graded and requirements for crossing the border.

“The information on this site will help producers who might consider delivering their grain across the border understand market differences,” said Shannon Schlecht, vice president of policy for U.S. Wheat Associates, the U.S. wheat industry’s export market development organization and a NAWG sister association.

Both NAWG and U.S. Wheat have standing resolutions supporting an open border with Canada that provides reciprocal bilateral wheat trade.

Much more on the marketing change and how it can affect farmers selling grain is at http://canada-usgrainandseedtrade.info.