Search results
Results from the WOW.Com Content Network
Under the Wilson administration during World War I, the U.S. Food Administration, under the direction of Herbert Hoover, set a basic price of $2.20 per bushel. The end of the war led to "the closing of the bonanza export markets and the fall of sky-high farm prices", and wheat prices fell from more than $2.20 per bushel in 1919 to $1.01 in 1921 ...
The Territorial Grain Growers' Association (TGGA) was a farmer's association that was active in Western Canada at the start of the 20th century, in what was then the Northwest Territories and later became Saskatchewan and Alberta. It provided a voice for farmers in their struggle with grain dealers and the railways, and was influential in ...
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.
By 1900 private grain exchanges settled the daily prices for North American wheat. Santon (2010) explains how the AAA programs set wheat prices in the U.S. after 1933, and the Canadians established a wheat board to do the same there.
A map of worldwide wheat production in 2000 Wheat is one of the most widely produced primary crops in the world. The following international wheat production statistics come from the Food and Agriculture Organization figures from FAOSTAT database, older from International Grains Council figures from the report "Grain Market Report".
The Pool attempted to purchase United Grain Growers Ltd., but the attempt failed. Instead, the Wheat Pool began to build more elevators and terminals. By the late 1960s the Wheat Pool had 567 elevators. 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.
In 1998, Cenex merged with Harvest States Cooperatives. Harvest States was the product of a 1983 merger between North Pacific Grain Growers (formed 1929) and the Farmers Union Grain Terminal Association (formed 1938). The merged cooperative took the name Cenex Harvest States, adopting "CHS" as its brand name.
Informally it was known as the Saskatchewan Wheat Pool, as it collectively helped farmers to obtain a decent price for wheat. The first president was Alexander James McPhail , and the first grain elevator was built in Bulyea in 1925 (in the area of Section 36, Township 16, Range 15, W of the 2nd meridian ).