Interim Payments Due This Week

Canadian Wheat Board interim payments of between $2.80 and $55.20 a tonne for the 2010-11 crop year will be issued by direct deposit on Nov. 8 or by cheque via regular mail by about Nov. 18. On average, the interim payments for milling wheat and durum, which will vary widely by grade, class and protein percentage, will be $25.50 and $23.30 per tonne, respectively. Malting barley will yield an interim payment of $6 per tonne and Pool B feed barley, $7. Interim payments, issued after a crop year ends, are an earlier partial payment of proceeds farmers would otherwise see in a final payment.

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