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CWB sets ’06-07 final payments

By 
FBC Staff
Reading Time: < 1 minute

Published: December 16, 2007

The Canadian Wheat Board on Friday announced its final payments for wheat, durum, feed and designated barley for the 2006-07 crop year, ranging from $7.04 per tonne for No. 2 CWRW winter wheat to $26.64 per tonne for all grades of pool B barley.

The federal government approved the final payments Thursday. Direct deposits that combine this final payment and the 2006-07 interim payments announced Nov. 16 will be credited to farmers’ accounts Tuesday (Dec. 18), the CWB said. Cheques covering both payments were to be mailed Friday and dated Dec. 18.

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Photo: ygrek/Getty Images Plus

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Cash prices for spring wheat and durum across the Canadian Prairies were mostly higher during the week ended Nov. 4. As Minneapolis spring wheat stepped back, there was a modest increase in Kansas City hard red while Chicago soft red was up sharply.

Final payments for wheat range from $7.04 per tonne for No. 2 Canada Western Red Winter wheat to $10.45 per tonne for No. 1 and No. 2 Canada Western Soft White Spring Select and No. 2 CWSWS.

Final payments for durum range from $7.31 per tonne for No. 4 Canada Western Amber Durum to $10.09 per tonne for No. 1 CWAD 15.5.

Designated barley final payments range from $6.23 per tonne for Sample Select Canada Western six-row (acct. fusarium) to $12.01 per tonne for Sample Select Canada Western two-row (acct. fusarium).

Click here for a complete listing of CWB 2006-07 payments for all grades of wheat, barley and durum, up to and including the final payments announced Friday.

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