The Canadian Wheat Board (CWB) is issuing final payments to farmers for the wheat, durum wheat and designated barley they delivered to the CWB during the 2009-10 crop year. These payments represent the balance of the money owing to farmers after their grain has been marketed through the CWB, and after operating costs have been deducted.
Direct deposits were made to farmers’ accounts on December 21. Farmers who receive payment by cheque will begin receiving their payment in the mail by December 23.
The final payment on CWRS 12.5 per cent protein is $13.87. When combined with the initial and interim payment, the total comes to $217.87 per tonne. The final payment on No. 1 Canada Western Amber durum is $19.66 per tonne for a total payment of $202.66.
The final payment on Select CW two-row barley is $11.92 for a total of $208.42 and the final payment on Select CW six-row barley is $14.14 per tonne for a total of $190.64.