The Canadian Grain Trade 1931-1951


Book Description

This book traces in an accurate and objective manner the sequence of events during the last twenty years which have influenced the organization fo the Canadian grain trade. During these years problems arising out of the production and marketing of western grain have been under continuous review in Canada, leading at different times to royal commissions of inquiry. The production and sale of cereals have become such a vital part of the economic life of the three prairie provinces and, indeed, of Canada, that anything affecting this great industry becomes at once a subject of general interest. These twenty years have witnessed momentous changes. The period marks a shift from free trading on the open market to the compulsory marketing of Canadian wheat and other grains through the medium of a Federal board endowed with wide powers. Basically, this change stems from conditions arising out of the Great Depression and World War II. And in one form or another the Canadian Wheat Board will continue to be a significant factor in the marketing of Canadian wheat. Noteworth also have been the dramatic recovery of the Pools and the negotiation of international agreements; and, on the farm front, the establishment of a permit system to control deliveries of grain to country elevators, and the enactment of legislation to protect producers against losses arising from the hazards of nature.







The Role of Banks in the Interwar Economy


Book Description

This 1991 volume examines the financing of industry by banks and the banks' credit intermediation in industrial economies.




The Rise and Fall of United Grain Growers


Book Description

For much of the twentieth century, United Grain Growers was one of the major forces in Canadian agriculture. Founded in 1906, for much of its history UGG worked to give western farmers a “third way” between the competing poles of cooperatives like the Saskatchewan Wheat Pool and the private sector. At its peak, more than 800 UGG elevators dotted the Canadian prairies and the company had become a part of western Canada’s cultural psyche. By 2001, then known as Agricore United, it was the largest grain company on the Prairies. The UGG’s history illuminates many of the intense debates over policy and philosophy that dominated the grain industry. After the Second World War, it would be a key player as the western Canadian grain industry expanded into new international markets. Through the rest of the century, it played an important role in resolving major disputes over regulation and grain transportation policy. Despite its many innovations, the company’s final decade and eventual demise illustrated the tensions at the heart of the grain industry. In 1997, to finance the rebuilding of its grain elevator network, UGG went public and entered equity markets. While successful at first, this strategy also weakened the company’s cooperative structure. In 2007, it was purchased by Saskatchewan Pool in a hostile takeover. The disappearance of Agricore United marked the end of a century of voluntary farmer-control of the grain business in western Canada. Paul Earl’s history reveals UGG’s central role in the growth and transformation of the western grain industry at a critical period. With meticulous research supplemented by interviews with many of the key players, he also delves into the details and the debates over the company’s demise.




Cargill


Book Description

"It is difficult to imagine how the evolution of an industry, through the perspective of one of its giants, could be better told". -- Tarrant Business




Approaches to Canadian Economic History


Book Description

Focusing mainly on the staple theory, this collection of essays clearly shows the impact the great staple trades from cod and fur to newsprint and oil had upon Canadian history. Other significant frames of reference-the role of government, the development of commercial agriculture, the climate of enterprise and capital formation-are also represented.




Wheat Marketing in Transition


Book Description

This detailed account tells the background story of a privatised monopoly whose sharp practices embroiled a national government in scandal and shocked a nation that prides itself on the strength of its institutions. AWB Limited, the former Australian Wheat Board that in the 1990s was sold into the private sector, paid more than $US200m in kickbacks to the pariah regime of Saddam Hussein in Iraq, exploiting the provisions of the United Nations’ Oil for Food program by inflating the price of the wheat it sent there to disguise the pay-offs that secured the contracts. The ensuing uproar threatened the careers of key cabinet ministers in the Howard government and contributed to the rise and subsequent election victory of the Australian Labor Party’s Kevin Rudd.




Argentina Australia And Canada


Book Description




The National Policy and the Wheat Economy


Book Description

First published in 1957, this study traces the development of the national policy as it affected the growth of the Canadian trade and discusses the grain marketing problems of Western Canada in the decades that followed, with detailed attention to legislation and moves by various growers' groups in an attempt to meet these problems. This important study in political economy is organized into four main parts. In Part One the author traces the development of the national policy and its impact on the growth of the wheat empire in the years before 1900. In Part Two, he discusses the grain marketing problems of western Canada during the 1900-1920 period. Part Three is a masterful exposé of the history of the open market system and of the history and policies of the Canadian Wheat Pools, and Part Four examines the economic philosophy behind the development of the national policy.




The Prairies and the Pampas


Book Description

The Argentine and Canadian wheat economies, starting from very similar positions in the late nineteenth century, had diverged startlingly by 1930. In wheat production and export Argentina had stagnated and declined, while Canada had surged to a position of world leadership. This book explains how Canada had outpaced Argentina, a country with better growing conditions and a much shorter haul to port. The author finds the explanation in how differing government policies affected the paths the Canadian and Argentine wheat economies took. The author's investigations center on several key questions: In what ways did Canadian and Argentine policy makers and wheat growers attempt to improve their competitive positions by introducing efficient marketing systems, research, and agricultural education? How responsive were the two political systems to questions of land tenure, the role of immigrants, and political representation in the wheat regions? In sum, how did quite different views on the role of the state affect the outcome? The book is in three parts. The first provides a basic political and economic overview of Argentine and Canadian history between 1880 and 1930. The second part analyzes and compares the two countries' basic agricultural development policies. In the third part the focus moves away from a topical emphasis and shifts to an analysis of major agricultural policy issues in the two countries. The concluding chapter presents some final thoughts on the different paths of agrarian development in the two countries.