Bloomberg News

Canada Wheat Deregulation Boosts Efficiency, Working Group Says

September 28, 2011

Sept. 28 (Bloomberg) -- Deregulating wheat and barley marketing in Canada may boost efficiency and “provide greater opportunities for producers and others in the grain system,” according to recommendations from a working group made to the Canadian Agriculture Ministry.

The group, consisting of government, university and industry representatives, made recommendations on how the grain industry may run if the Canadian Wheat Board becomes voluntary for farmers, according to a report posted today on Agriculture and Agri-Food Canada’s website.

Farmers in western Canada have been required to sell all their wheat and barley for human consumption to the board since 1942. Prime Minister Stephen Harper’s Conservative Party has said it plans to eliminate the monopoly by August.

--Editor: Patrick McKiernan, Millie Munshi

To contact the reporter on this story: Whitney McFerron in Chicago at wmcferron1@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


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