Prairie wheat growers can expect final payments as early as Thursday, as low as $11.12 and as high as $23.47 per tonne on their 2010-11 deliveries to the Canadian Wheat Board.
Feed barley growers in 2010-11’s Pool B will see $23.72 per tonne, while malting barleys will fetch $34.24 or $34.48.
Final payments are the balance of money owed to farmers after their grain is marketed through the CWB’s pools, less operating costs.
Farmers receiving their payments by direct deposit should see them Thursday, while those receiving payments by mail can expect to begin receiving them by Dec. 30.
For the highest-protein No. 1 Canada Western Red Spring (CWRS), 15.5 per cent, the final payment is $20.68 per tonne. On top of the initial payment and adjustment or interim payments, the total payment for that grade and protein works out to $434.43 per tonne ($11.82 per bushel), in-store Vancouver or St. Lawrence.
For No. 1 CWRS (12.5), the final payment of $21.23 per tonne means total payments of $317.73 per tonne ($8.65/bu.).
The largest final payment, $23.47 per tonne, goes for deliveries of No. 2 Canada western amber durum (CWAD) at 15.4 or 15.5 per cent protein, for total payment of $291.97 to $292.47 per tonne ($7.95-$7.96/bu.).
The lowest final payment, $11.12 per tonne, is on No. 1 Canada Prairie Spring Red (11.5 per cent protein), for a total payment of $279.27 per tonne ($7.60/bu.).
Select CW two-row and two-row hulless malting barley will yield final payments of $34.24 per tonne, for total payments of $265.74 per tonne ($5.79 and $6.99/bu. respectively). Select CW six-row will receive $34.48, for a total of $247.98 per tonne ($5.40/bu.).
No. 1 and No. 2 CW feed barley (Pool B), meanwhile, will see final payments of $23.72 per tonne, for totals of $235.72 and $230.72 per tonne ($5.13 and $5.02/bu.) respectively.
No. 1 and No. 2 CW feed barley in Pool A saw final payments of $36.39 per tonne in July, for total payment of $238.39 and $233.39 per tonne ($5.19 and $5.08/bu.) respectively.
CORRECTION, Dec. 21: Earlier versions of this story had a pair of incorrect references to the 2011-12 crop year. We regret the error.