CWB announces 2010-11 initial payments by grade

Reading Time: < 1 minute

Published: July 23, 2010

The Canadian Wheat Board (CWB) has  announced the 2010-11 initial payments for the various grades of wheat and barley. The payments are effective August 1, 2010 for deliveries into the 2010-11 pool accounts.
 
The initial payments, in dollars per tonne, for base grades in each pool account are listed below. Also listed are the anticipated final 2010-11 pool returns for farmers, based on the CWB’s Pool Return Outlook (PRO) for July 2010. A complete listing of initial payments for all grades in dollars per tonne and dollars per bushel is posted at www.cwb.ca/payments.
 
• 1 CWRS  — $128.00   (PRO $210)
• 1 CWAD — $119.00    (PRO $200)
• Des. barley Select CW Two-Row   —  $138.00   (PRO $214)
• Des. barley Select CW Six-Row  —   $118.00     (PRO $197)
• Feed barley  1 CW Pool A —  $88.00  (PRO $143)

Read Also

CWB announces 2010-11 initial payments by grade

Health Canada proposes new restrictions for dicamba on soybeans

Pest Management Regulatory Agency removes the registration to spray dicamba on dicamba tolerant soybeans after the crop starts growing

The CWB noted that farmers may, alternatively, choose the CWB’s Early Payment Option (EPO), which  provides similar returns to the CWB pool accounts, less a discount. The EPO allows farmers to receive an additional payment, on top of the initial, within 10 business days of delivery. EPOs are available at values equal to 80, 90 and 100 per cent of the PRO.

explore

Stories from our other publications