The Canadian Wheat Board has announced initial payment increases effective Dec. 2, which will mean adjustment payments deliveries so far this year.
Payments will either be direct-deposited Dec. 14 or delivered for mailing Dec. 17.
Increases on wheat range from as low as $39 per tonne ($1.09 per bushel) for No. 2 Canada Western red winter (CWRW) at 11.1 per cent protein, to as high as $91.30 per tonne ($2.48/ bu.) on No. 1 CW red spring (CWRS) at 15.5 per cent protein.
Initial payments on all protein levels of No. 1 CW amber durum (CWAD) will rise $70 per tonne ($1.91/ bu.), while No. 5 CWAD will yield an adjustment payment of $44.40 per tonne ($1.21/bu.).
All grades of CW feed barley in Pool A will get adjustment payments of $60 per tonne, which works out to $1.31/bu for No. 1 and 2 CW feed barley and $1.58/bu. for Standard CW Hulless.
Adjustments of $50 per tonne will go to all grades of designated CW two-row malting barley ($1.09/bu., except for hulless at $1.32). All grades of designated CW six-row malting barley, meanwhile, will get adjustment payments of $52 per tonne ($1.13/bu., except for hulless at $1.37).
