Brett Halstead, chair of Sask Wheat says while farm groups have raised the issue of standardized grain contracts for years, there's been very little progress made.
"To get a standardized contract, you can't talk to one company, you need to talk to the whole bunch of them. There's other standardized contracts out there. You buy an auto or a piece of farm equipment, they're standardized contracts."
Participants in the meeting had a chance to hear about the American and Australian systems and how they work.
Halstead noted that Australia has standardized contracts for grain purchases and sales.
"Some of the same companies that are in Canada are also in Australia, so this isn't something foreign to them. It isn't something that's not going to allow them to be protected."
Halstead says they feel that as a regulator the CGC can help get everyone to the table.
The CGC's Assistant Chief Commissioner Patty Rosher was also in attendance to hear producer views and concerns.
The Canada Grain Act Summit was co-hosted by Sask Wheat and APAS.
Source : Pembinavalley online