GFM Network News

Farmers still waiting for better default protection on grain sales

Leaving feed mills exempt from coverage under existing licensing 
and bonding puts farmers at risk to losses

In 2009, western Canadian farm groups submitted a report to Agriculture Minister Gerry Ritz outlining options for a program to provide security to producers when grain buyers default on payments. The main options were fund-based, insurance-based or bond-based programs. It was not that there wasn’t already a form of protection in place. The Canadian Grain […] Read more