Enhancing the Canadian Grain Industry's Reliability of Supply and Competitiveness Through Strategic Market Based Risk Management

Enhancing the Canadian Grain Industry's Reliability of Supply and Competitiveness Through Strategic Market Based Risk Management PDF Author: James R. Untershultz
Publisher:
ISBN:
Category : Wheat
Languages : en
Pages : 178

Book Description


Staff Paper

Staff Paper PDF Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 770

Book Description


The Rise and Fall of United Grain Growers

The Rise and Fall of United Grain Growers PDF Author: Paul D. Earl
Publisher: Univ. of Manitoba Press
ISBN: 0887555926
Category : History
Languages : en
Pages :

Book Description
For much of the twentieth century, United Grain Growers was one of the major forces in Canadian agriculture. Founded in 1906, for much of its history UGG worked to give western farmers a “third way” between the competing poles of cooperatives like the Saskatchewan Wheat Pool and the private sector. At its peak, more than 800 UGG elevators dotted the Canadian prairies and the company had become a part of western Canada’s cultural psyche. By 2001, then known as Agricore United, it was the largest grain company on the Prairies. The UGG’s history illuminates many of the intense debates over policy and philosophy that dominated the grain industry. After the Second World War, it would be a key player as the western Canadian grain industry expanded into new international markets. Through the rest of the century, it played an important role in resolving major disputes over regulation and grain transportation policy. Despite its many innovations, the company’s final decade and eventual demise illustrated the tensions at the heart of the grain industry. In 1997, to finance the rebuilding of its grain elevator network, UGG went public and entered equity markets. While successful at first, this strategy also weakened the company’s cooperative structure. In 2007, it was purchased by Saskatchewan Pool in a hostile takeover. The disappearance of Agricore United marked the end of a century of voluntary farmer-control of the grain business in western Canada. Paul Earl’s history reveals UGG’s central role in the growth and transformation of the western grain industry at a critical period. With meticulous research supplemented by interviews with many of the key players, he also delves into the details and the debates over the company’s demise.

Grain Marketing

Grain Marketing PDF Author: Gail L Cramer
Publisher: CRC Press
ISBN: 0429699999
Category : Science
Languages : en
Pages : 479

Book Description
Grain Marketing explores the basic principles and concepts of grain marketing and analyzes the futures and options markets, agricultural policy, grain pricing, and grain marketing structures in the United States, Canada, and the European Community. This text helps students understand the world grain system, trains them to use futures and options, and explains how grain is marketed locally and internationally. The world grain industry affects our daily lives in ways both large and small. It influences what we consume for breakfast, lunch, and dinner and provides at least 40 percent of the world’s food supply. The U.S. and world grain industry affects our income, our investments, and global politics. As world population and therefore global demand for grain grows, the volume handled by the U.S. grain industry will continue to expand, demanding not only improvement in crop yields but also continued efforts to compete in increasingly sophisticated international markets. This newly revised, fully updated text provides a practical, comprehensive overview of grain marketing that is useful to both the upper-level undergraduate studying agricultural marketing and the professional working in the industry. Grain Marketing blends several approaches to the study of commodity marketing, combining the institutional, functional, market structure, and analytical and behavioral systems approach to grain marketing. The book includes basic background information for newcomers to the subject of agricultural marketing as well as more rigorous treatment of advanced subjects. The books overall plan allows the student to follow the movement of the major grains, corn, wheat, and soybeans from farm production to final consumption. Along the way, it provides a detailed description of the worldwide system, encompassing local and multinational corporations, state agencies and boards, national trade and agricultural policies, and the cash and futures markets that serve this industry.

Estimates

Estimates PDF Author: Canadian Grain Commission
Publisher:
ISBN:
Category : Grain trade
Languages : fr
Pages : 76

Book Description


Improving Competitiveness for Canadian Grain

Improving Competitiveness for Canadian Grain PDF Author: Canada Grains Council
Publisher:
ISBN:
Category : Grain trade
Languages : en
Pages : 8

Book Description


Agricultural Supply Chains and the Challenge of Price Risk

Agricultural Supply Chains and the Challenge of Price Risk PDF Author: John Williams
Publisher: Routledge
ISBN: 1134058381
Category : Business & Economics
Languages : en
Pages : 316

Book Description
This book discusses the issues of integration within food and fibre supply chains and the challenges in managing price risk. The problems of integration and price risk are interwoven in agricultural supply chains with production and supply risk as well as hoarding. However, without supply chain integration through commercial trade markets there can be no forward market upon which forward transactions and the management of price risk can be based. Without a forward market that can reduce opportunistic behaviour, there is likely to be little security of supply, particularly under high production risk and price uncertainty. Whilst price risk management is possible under certain circumstances, there are many factors that can prevent the development of forward markets or cause them to collapse, thus undermining the ability to manage price risk within acceptable risk and return parameters. Market positions therefore need to be valued and often settled daily due to the risk of contract default. In addition, the issue of currency risk and its management applies to international market positions and transactional exposures. The book analyses a range of price risk management strategies from forward contracting through to futures and options hedging, and finally to over-the-counter products. Evaluation techniques are developed to aid decision-making. The author concludes that forward market development may be the exception rather than the norm, and that whilst favourable price risk management outcomes may be possible, they can sometimes be caused more by luck than through good management. It is shown how tactics are an important consideration in decision-making to minimize costs and losses.

The Canadian Wheat Board

The Canadian Wheat Board PDF Author: Andrew Schmitz
Publisher: University of Regina Press
ISBN: 9780889771345
Category : Grain trade
Languages : en
Pages : 348

Book Description
Features the Canadian Wheat Board (CWB), the marketing agency for Western Canadian wheat and barley growers, based in Winnipeg, Manitoba, Canada. Includes news items, publication descriptions, and a French version of site information.

The Canadian Grain Trade 1931-1951

The Canadian Grain Trade 1931-1951 PDF Author: Duncan A. MacGibbon
Publisher: University of Toronto Press
ISBN: 1487586434
Category : History
Languages : en
Pages : 351

Book Description
This book traces in an accurate and objective manner the sequence of events during the last twenty years which have influenced the organization fo the Canadian grain trade. During these years problems arising out of the production and marketing of western grain have been under continuous review in Canada, leading at different times to royal commissions of inquiry. The production and sale of cereals have become such a vital part of the economic life of the three prairie provinces and, indeed, of Canada, that anything affecting this great industry becomes at once a subject of general interest. These twenty years have witnessed momentous changes. The period marks a shift from free trading on the open market to the compulsory marketing of Canadian wheat and other grains through the medium of a Federal board endowed with wide powers. Basically, this change stems from conditions arising out of the Great Depression and World War II. And in one form or another the Canadian Wheat Board will continue to be a significant factor in the marketing of Canadian wheat. Noteworth also have been the dramatic recovery of the Pools and the negotiation of international agreements; and, on the farm front, the establishment of a permit system to control deliveries of grain to country elevators, and the enactment of legislation to protect producers against losses arising from the hazards of nature.

Improving Competitiveness for Canadian Grain

Improving Competitiveness for Canadian Grain PDF Author: Canada Grains Council. Semi-Annual Meeting
Publisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 8

Book Description