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Boosts Approved For CWB Initial Payments

Prairie wheat and barley growers’ initial 2010- 11 payments from the Canadian Wheat Board will see adjustments effective this week by as much as $90 per tonne for the highest-protein spring wheat.

The increases, effective Dec. 2, will mean adjustment payments for Prairie farmers who will have delivered wheat, durum and barley to the CWB between Aug. 1 and Dec. 1 this year.

Depending on the farmer’s preference, payments will either be direct deposited Dec. 14 or will be 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).

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