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The Canadian Wheat Board (French: Commission canadienne du blé) was a marketing board for wheat and barley in Western Canada.Established by the Parliament of Canada on 5 July 1935, its operation was governed by the Canadian Wheat Board Act as a mandatory producer marketing system for wheat and barley in Alberta, Saskatchewan, Manitoba, and a small part of British Columbia. [1]
Alberta Pool Elevator by the rail line in St. Albert, Alberta. In 1925 wheat prices rose to $2.17 then dropped down to $1.36. Fearing market collusion to lower prices, the Pool began to buy wheat futures – 3 million imperial bushels (110,000 m 3) worth. This had the effect of raising prices to $1.69, possibly preventing the feared 'bear raid ...
A wheat pool is a co-operative that markets grain (mostly wheat) on behalf of its farmer-members. In Canada in 1923 and 1924, three wheat pools were created. They were farmer-owned co-operatives , created to break the power of the large for-profit corporations, that had dominated the grain trade in Western Canada since the late 19th Century ...
Following World War II the United Kingdom entered into contract for a large amount of agricultural commodities such as bacon, cheese, wheat, oats and barley. After the United Kingdom, the United States is Canada's largest external trade partner. Between 1943 and 1953, the average export of Canadian wheat was 347,200,000 bushels (9,449,000 t). [49]
The Western Canadian Wheat Growers Association (WCWGA) is a private lobbying company [1] located in Saskatoon, Canada. Founded in 1970 as the Palliser Wheat Growers Association, the WCWGA was for many years an opponent of the Canadian Wheat Board 's marketing status and advocated for open market competition in sales of wheat and barley .
Alberta Wheat Pool; C. Canadian Grain Commission; Canadian Wheat Board; F. Frosted Mini-Wheats; L. List of Canadian heritage wheat varieties; M. Manitoba Pool Elevators;
The grain trade refers to the local and international trade in cereals such as wheat, barley, maize, and rice, and other food grains.Grain is an important trade item because it is easily stored and transported with limited spoilage, unlike other agricultural products.
The province was in debt after the grandiose spending of the relatively prosperous 1920s. The government also bailed out the hard-pressed Alberta Wheat Pool in 1929. Banks were repossessing the farms of many farmers who were unable to pay off their loans and interest when grain prices were lower than the cost of production.