WINNIPEG, MANITOBA, CANADA — CWB announced on Sept. 4 the construction of its third state-of-the-art grain elevator located near Pasqua, Saskatchewan and its first major hiring initiative since the beginning of the new grain-marketing era on Aug. 1, 2012.
Situated approximately 10 km east of Moose Jaw on Highway 39, CWB's newest elevator will feature 42,000 tonnes of storage and is scheduled to open in January 2016.
"Today's Pasqua announcement has once again strategically expanded CWB's footprint on the Prairies," said CWB president and Chief Executive Officer Ian White. "Pasqua's central location and easy road access combined with CWB's friendly customer service will make it a great option for local farmers. It's also a prime location for CWB, right in the middle of a high production area and with the ability to ship grain both East and West as well as to the South."
Elevator construction will begin near the town of Pasqua this fall, adjacent to the CP line. The elevator will feature a car-loading rate of up to 1,600 tonnes per hour, a 134-car loop track and cleaning facilities.
CWB's expanding country asset network now includes three elevator construction projects including Pasqua and Colonsay, Saskatchewan and Bloom, Manitoba, and CWB has begun the hiring process for these facilities as well as for other elevator locations yet to be announced.
"CWB is on an exciting path of growth, and now it's time to further expand our staffing on the grain handling side to accommodate our growth trajectory," White said. "We think these opportunities will appeal to anyone who appreciates the innovative culture and opportunities for growth that come along with working for a rapidly-growing company."
General Managers are being recruited immediately, as well as customer service representatives. Other positions to be hired later this crop year include operations managers, quality assurance managers, cleaner operators, and various operational and administrative positions.
Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.
These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.