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Farmers of North America To Act As Agent For CWB
Winnipeg - January 24/13 - CNS, Jan 24, 2013 (Commodity News Service Canada, Inc. via COMTEX) --
CWB and Farmers of North
America (FNA) Thursday announced they have reached an agreement
that will see FNA act as a key sourcing agent for CWB contracts.
FNA staff will communicate CWB pool and program information
to farmers and sign up their contracts. Farmers will then be able
to deliver their grain to any elevator or producer car loading
site, as CWB has agreements with all Prairie grain handlers, a
release from the CWB said.
"CWB programs are similar to FNA's other services in that
they help put more money in farmers' pockets," said CWB president
and CEO Ian White. "We are extremely happy to have the
opportunity to work with FNA to help serve their thousands of
members across Western Canada and other farmers by strengthening
their bottom lines."
White said there are many benefits for FNA members to choose
CWB.
"With CWB pools, farmers receive all the profits earned from
selling their grain through the pooling period, less a fixed
management fee," said White. "CWB also has a world class sales
team with access to a global customer network developed over
decades."
FNA grain marketing spokesperson Bill Martin, said the
agreement marks a key advance for farmers in ensuring a
competitive environment in the grain marketing sector.
"We believe in competition," said Martin, " and we are
working to ensure that CWB, with 75 years of focusing on farmers,
remains a competitive player and a valuable option for farmers."
FNA brings a significant and diverse team to the process,
according to Martin, as FNA Members include farmers from a
variety of farm groups across Western Canada.
"Farmers from all perspectives have joined FNA's farm
business alliance understanding that what unites us is a singular
mission of improving farm profitability," Martin said.
FNA is a business alliance of farmers that have joined
together as Members of FNA to improve farm profitability by
reducing costs, increasing revenue, and advocating for regulatory
change on behalf of its members. Headquartered in Saskatoon,
Saskatchewan, FNA has a network of staff across the country
serving over 10,000 members from coast to coast.
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