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What is the Canadian Wheat Board?
- The Canadian Wheat Board (CWB) has been working for Canadian wheat, durum and barley farmers for over 75 years. It ensures that these farmers get the best possible price for their crops.
- The CWB is paid for and run by the farmers it benefits.
- The CWB sells grain all around the world. It arranges for its transportation from thousands of farms to customers in over 70 countries around the world.
- The CWB sells all western Canadian wheat, durum and barley through a "single desk" which means that anyone in the world who wants to buy Canadian wheat, durum or barley has to purchase it through the CWB. No other country sells their grain that way -- for example, if a miller wants to buy American wheat, they will get the various companies who sell it to bid against each other for the business. The lowest price will win.
- The CWB's annual revenue is $5 billion to $8 billion – all of which is returned to farmers, less operating costs, as profit.
- Studies by leading agricultural economists using CWB data conclude that the Wheat Board earns Prairie farmers hundreds of millions of dollars a year more than they would achieve in an open market.
- The CWB manages a supply chain that extends from farm gate to end-use customer. It has an envied international reputation for consistent quality and supply, superior service and technical support.
- Farmers will have to compete not only against each other but also against much larger companies that can afford to set their prices lower because they have such great volume of grain.
- The hundreds of millions of dollars that the CWB makes for Prairie farmers will instead go to private grain company profits.
- The wheat, durum and barley industries will go from being run by Canadians to being run by Americans.