PRESIDENT’S MESSAGE
Protect your commodity sales:
ignorance will not get you your payment
BY BILL CAMPBELL, KAP PRESIDENT
The grain, oilseeds, and pulses we grow are
precious commodities. When we go to sell
them, we expect that we are paid promptly
and fairly for what we grow.
There have been instances over the
years when purchasers don’t honour their
commitments to pay producers, or don’t issue cheques when
they are requested. Earlier this year, 200 farmers were left
with no recourse to receive payments when a pulse buyer,
even though licensed by the Canadian Grain Commission
(CGC), asked for creditor protection. Farmers were unaware
of the procedures and came up on the short end of the stick.
Licensed companies must provide security to
the Canadian Grain Commission to cover money owed
to producers for commodity deliveries. When a licensed
company fails to pay, the CGC’s Safeguards for Grain Farmers
Program uses the company’s security to pay the farmer.
However, in order to qualify for compensation, the
farmer must deliver a regulated commodity to a licensed >>
Manitoba Farmers’ Voice § Fall 2019 § 9