CANADA BEGINS EFFORT TO END WHEAT BOARD MONOPOLY

Canada's government has launched an effort to revoke the monopoly power of the Canadian Wheat Board, something U.S. producers, members of Congress and the Bush Administration have been trying to do for years at the World Trade Organization. The U.S. argues the wheat board's monopoly status allows it to under-price Canadian wheat in third-country markets, making it easier to compete against U.S. wheat, but the U.S. has so far been unsuccessful in challenging the CWB's policies as violating WTO rules...