Newsroom
2000
February 17, 2000
1999-2000 ADJUSTMENT PAYMENTS for wheat and durum approved
Winnipeg -- The CWB today announced that the Government of Canada
has approved increases to the 1999-2000 initial payments for wheat
and durum wheat.
Effective February 22, 2000 initial payments for wheat will
increase $10 per tonne. Initial payments for all grades of durum
wheat will increase $15 per tonne, with the exception of No. 5
Canada Western Amber Durum (CWAD) which will increase $10 per
tonne. The attached table lists the previous initial payment, the
adjustment payment and the new total.
Farmers who delivered wheat and durum to the CWB between August 1,
1999 and February 22, 2000 will receive an adjustment payment. The
payments will be mailed on Friday, March 3 or received by direct
deposit on February 29. Farmers with direct deposit wishing to
defer their payments must notify the CWB by February 23, 2000.
Initial payments are guaranteed by the federal government and are
paid to farmers when they deliver grain. The CWB recommends
increases to the initial payments as market conditions warrant or
as each pool account becomes more firm. This is the second
adjustment to wheat and durum initial payments in the 1999-2000
crop year.
Farmers receive the balance of their returns in either additional
adjustment payments before the close of the crop year (July 31,
2000) or in interim or final payments after the close of the crop
year, and after all expenses have been deducted. A complete listing
of payments for all grades in dollars per tonne and dollars per
bushel is posted on the CWB's Web site (under the Payments link) at
www.cwb.ca
Initial payments should not be confused with monthly Pool Return
Outlooks (PROs) which are the CWB's estimates of total pool year
returns.
The CWB is the world's largest wheat and barley marketer.
Headquartered in Winnipeg, Manitoba, it is one of Canada's biggest
exporters and the largest net earner of foreign currency. Marketing
Prairie-grown wheat and barley to over 70 countries around the
world, the CWB returns all sales revenue, less the costs of
marketing, to farmers in Western Canada.
1999-2000 INITIAL PAYMENTS (in store Vancouver or
St. Lawrence)*
| Adjustment | |||
| Payment | Total | ||
| Initial | effective | to | |
| Grade | Payment | Feb 22/2000 | date |
| (dollars per tonne) | |||
| WHEAT | |||
| No. 1 Canada Western Red Spring (15.0) | 175.60 | 10.00 | 185.60 |
| No. 1 Canada Western Red Spring (14.9) | 174.00 | 10.00 | 184.00 |
| No. 1 Canada Western Red Spring (14.8) | 172.40 | 10.00 | 182.40 |
| No. 1 Canada Western Red Spring (14.7) | 170.80 | 10.00 | 180.80 |
| No. 1 Canada Western Red Spring (14.6) | 169.20 | 10.00 | 179.20 |
| No. 1 Canada Western Red Spring (14.5) | 167.60 | 10.00 | 177.60 |
| No. 1 Canada Western Red Spring (14.4) | 166.00 | 10.00 | 176.00 |
| No. 1 Canada Western Red Spring (14.3) | 164.70 | 10.00 | 174.70 |
| No. 1 Canada Western Red Spring (14.2) | 163.40 | 10.00 | 173.40 |
| No. 1 Canada Western Red Spring (14.1) | 162.10 | 10.00 | 172.10 |
| No. 1 Canada Western Red Spring (14.0) | 160.80 | 10.00 | 170.80 |
| No. 1 Canada Western Red Spring (13.9) | 159.50 | 10.00 | 169.50 |
| No. 1 Canada Western Red Spring (13.8) | 158.20 | 10.00 | 168.20 |
| No. 1 Canada Western Red Spring (13.7) | 156.90 | 10.00 | 166.90 |
| No. 1 Canada Western Red Spring (13.6) | 155.60 | 10.00 | 165.60 |
| No. 1 Canada Western Red Spring (13.5) | 154.30 | 10.00 | 164.30 |
| No. 1 Canada Western Red Spring (13.4) | 153.00 | 10.00 | 163.00 |
| No. 1 Canada Western Red Spring (13.3) | 152.00 | 10.00 | 162.00 |
| No. 1 Canada Western Red Spring (13.2) | 151.00 | 10.00 | 161.00 |
| No. 1 Canada Western Red Spring (13.1) | 150.00 | 10.00 | 160.00 |
| No. 1 Canada Western Red Spring (13.0) | 149.00 | 10.00 | 159.00 |
| No. 1 Canada Western Red Spring (12.9) | 148.00 | 10.00 | 158.00 |
| No. 1 Canada Western Red Spring (12.8) | 147.00 | 10.00 | 157.00 |
| No. 1 Canada Western Red Spring (12.7) | 146.00 | 10.00 | 156.00 |
| No. 1 Canada Western Red Spring (12.6) | 145.00 | 10.00 | 155.00 |
| No. 1 Canada Western Red Spring (12.5) | 144.00 | 10.00 | 154.00 |
| No. 1 Canada Western Red Spring (12.4) | 143.00 | 10.00 | 153.00 |
| No. 1 Canada Western Red Spring (12.3) | 142.00 | 10.00 | 152.00 |
| No. 1 Canada Western Red Spring (12.2) | 141.00 | 10.00 | 151.00 |
| No. 1 Canada Western Red Spring (12.1) | 140.00 | 10.00 | 150.00 |
| No. 1 Canada Western Red Spring (12.0) | 139.00 | 10.00 | 149.00 |
| No. 1 Canada Western Red Spring | 135.00 | 10.00 | 145.00 |
| No. 2 Canada Western Red Spring (15.0) | 172.60 | 10.00 | 182.60 |
| No. 2 Canada Western Red Spring (14.9) | 171.00 | 10.00 | 181.00 |
| No. 2 Canada Western Red Spring (14.8) | 169.40 | 10.00 | 179.40 |
| No. 2 Canada Western Red Spring (14.7) | 167.80 | 10.00 | 177.80 |
| No. 2 Canada Western Red Spring (14.6) | 166.20 | 10.00 | 176.20 |
| No. 2 Canada Western Red Spring (14.5) | 164.60 | 10.00 | 174.60 |
| No. 2 Canada Western Red Spring (14.4) | 163.00 | 10.00 | 173.00 |
| No. 2 Canada Western Red Spring (14.3) | 161.70 | 10.00 | 171.70 |
| No. 2 Canada Western Red Spring (14.2) | 160.40 | 10.00 | 170.40 |
| No. 2 Canada Western Red Spring (14.1) | 159.10 | 10.00 | 169.10 |
| No. 2 Canada Western Red Spring (14.0) | 157.80 | 10.00 | 167.80 |
| No. 2 Canada Western Red Spring (13.9) | 156.50 | 10.00 | 166.50 |
| No. 2 Canada Western Red Spring (13.8) | 155.20 | 10.00 | 165.20 |
| No. 2 Canada Western Red Spring (13.7) | 153.90 | 10.00 | 163.90 |
| No. 2 Canada Western Red Spring (13.6) | 152.60 | 10.00 | 162.60 |
| No. 2 Canada Western Red Spring (13.5) | 151.30 | 10.00 | 161.30 |
| No. 2 Canada Western Red Spring (13.4) | 150.00 | 10.00 | 160.00 |
| No. 2 Canada Western Red Spring (13.3) | 149.00 | 10.00 | 159.00 |
| No. 2 Canada Western Red Spring (13.2) | 148.00 | 10.00 | 158.00 |
| No. 2 Canada Western Red Spring (13.1) | 147.00 | 10.00 | 157.00 |
| No. 2 Canada Western Red Spring (13.0) | 146.00 | 10.00 | 156.00 |
| No. 2 Canada Western Red Spring (12.9) | 145.00 | 10.00 | 155.00 |
| No. 2 Canada Western Red Spring (12.8) | 144.00 | 10.00 | 154.00 |
| No. 2 Canada Western Red Spring (12.7) | 143.00 | 10.00 | 153.00 |
| No. 2 Canada Western Red Spring (12.6) | 142.00 | 10.00 | 152.00 |
| No. 2 Canada Western Red Spring (12.5) | 141.00 | 10.00 | 151.00 |
| No. 2 Canada Western Red Spring (12.4) | 140.00 | 10.00 | 150.00 |
| No. 2 Canada Western Red Spring (12.3) | 139.00 | 10.00 | 149.00 |
| No. 2 Canada Western Red Spring (12.2) | 138.00 | 10.00 | 148.00 |
| No. 2 Canada Western Red Spring (12.1) | 137.00 | 10.00 | 147.00 |
| No. 2 Canada Western Red Spring (12.0) | 136.00 | 10.00 | 146.00 |
| No. 2 Canada Western Red Spring | 132.00 | 10.00 | 142.00 |
| No. 3 Canada Western Red Spring (13.0) | 126.00 | 10.00 | 136.00 |
| No. 3 Canada Western Red Spring | 122.00 | 10.00 | 132.00 |
| No. 1 Canada Western Extra Strong (12.5) | 134.00 | 10.00 | 144.00 |
| No. 1 Canada Western Extra Strong | 132.00 | 10.00 | 142.00 |
| No. 2 Canada Western Extra Strong (12.5) | 132.00 | 10.00 | 142.00 |
| No. 2 Canada Western Extra Strong | 131.00 | 10.00 | 141.00 |
| No. 1 Canada Western Red Winter (11.5) | 126.00 | 10.00 | 136.00 |
| No. 1 Canada Western Red Winter | 124.00 | 10.00 | 134.00 |
| No. 2 Canada Western Red Winter (11.5) | 123.00 | 10.00 | 133.00 |
| No. 2 Canada Western Red Winter | 121.00 | 10.00 | 131.00 |
| No. 1 Canada Western Soft White Spring Select | 123.00 | 10.00 | 133.00 |
| No. 1 Canada Western Soft White Spring | 122.00 | 10.00 | 132.00 |
| No. 2 Canada Western Soft White Spring Select | 122.00 | 10.00 | 132.00 |
| No. 2 Canada Western Soft White Spring | 121.00 | 10.00 | 131.00 |
| No. 3 Canada Western Soft White Spring | 90.00 | 10.00 | 100.00 |
| No. 1 Canada Prairie Spring Red | 122.00 | 10.00 | 132.00 |
| No. 2 Canada Prairie Spring Red | 120.00 | 10.00 | 130.00 |
| No. 1 Canada Prairie Spring White | 122.00 | 10.00 | 132.00 |
| No. 2 Canada Prairie Spring White | 120.00 | 10.00 | 130.00 |
| Canada Feed | 90.00 | 10.00 | 100.00 |
| Mixed Grain CW Wheat | 77.00 | 10.00 | 87.00 |
| Sample CW acct Light Weight | 67.00 | 10.00 | 77.00 |
| Sample CW acct Fusarium | 72.00 | 10.00 | 82.00 |
| DURUM | |||
| No. 1 Canada Western Amber Durum (14.0) | 177.75 | 15.00 | 192.75 |
| No. 1 Canada Western Amber Durum (13.9) | 176.50 | 15.00 | 191.50 |
| No. 1 Canada Western Amber Durum (13.8) | 175.25 | 15.00 | 190.25 |
| No. 1 Canada Western Amber Durum (13.7) | 174.00 | 15.00 | 189.00 |
| No. 1 Canada Western Amber Durum (13.6) | 172.75 | 15.00 | 187.75 |
| No. 1 Canada Western Amber Durum (13.5) | 171.50 | 15.00 | 186.50 |
| No. 1 Canada Western Amber Durum (13.4) | 170.25 | 15.00 | 185.25 |
| No. 1 Canada Western Amber Durum (13.3) | 169.00 | 15.00 | 184.00 |
| No. 1 Canada Western Amber Durum (13.2) | 167.75 | 15.00 | 182.75 |
| No. 1 Canada Western Amber Durum (13.1) | 166.50 | 15.00 | 181.50 |
| No. 1 Canada Western Amber Durum (13.0) | 165.25 | 15.00 | 180.25 |
| No. 1 Canada Western Amber Durum (12.9) | 164.00 | 15.00 | 179.00 |
| No. 1 Canada Western Amber Durum (12.8) | 163.00 | 15.00 | 178.00 |
| No. 1 Canada Western Amber Durum (12.7) | 162.00 | 15.00 | 177.00 |
| No. 1 Canada Western Amber Durum (12.6) | 161.00 | 15.00 | 176.00 |
| No. 1 Canada Western Amber Durum (12.5) | 160.00 | 15.00 | 175.00 |
| No. 1 Canada Western Amber Durum | 155.00 | 15.00 | 170.00 |
| No. 2 Canada Western Amber Durum (14.0) | 169.75 | 15.00 | 184.75 |
| No. 2 Canada Western Amber Durum (13.9) | 168.50 | 15.00 | 183.50 |
| No. 2 Canada Western Amber Durum (13.8) | 167.25 | 15.00 | 182.25 |
| No. 2 Canada Western Amber Durum (13.7) | 166.00 | 15.00 | 181.00 |
| No. 2 Canada Western Amber Durum (13.6) | 164.75 | 15.00 | 179.75 |
| No. 2 Canada Western Amber Durum (13.5) | 163.50 | 15.00 | 178.50 |
| No. 2 Canada Western Amber Durum (13.4) | 162.25 | 15.00 | 177.25 |
| No. 2 Canada Western Amber Durum (13.3) | 161.00 | 15.00 | 176.00 |
| No. 2 Canada Western Amber Durum (13.2) | 159.75 | 15.00 | 174.75 |
| No. 2 Canada Western Amber Durum (13.1) | 158.50 | 15.00 | 173.50 |
| No. 2 Canada Western Amber Durum (13.0) | 157.25 | 15.00 | 172.25 |
| No. 2 Canada Western Amber Durum (12.9) | 156.00 | 15.00 | 171.00 |
| No. 2 Canada Western Amber Durum (12.8) | 155.00 | 15.00 | 170.00 |
| No. 2 Canada Western Amber Durum (12.7) | 154.00 | 15.00 | 169.00 |
| No. 2 Canada Western Amber Durum (12.6) | 153.00 | 15.00 | 168.00 |
| No. 2 Canada Western Amber Durum (12.5) | 152.00 | 15.00 | 167.00 |
| No. 2 Canada Western Amber Durum | 147.00 | 15.00 | 162.00 |
| No. 3 Canada Western Amber Durum (13.0) | 140.00 | 15.00 | 155.00 |
| No. 3 Canada Western Amber Durum | 137.00 | 15.00 | 152.00 |
| No. 4 Canada Western Amber Durum | 120.00 | 15.00 | 135.00 |
| No. 5 Canada Western Amber Durum | 90.00 | 10.00 | 100.00 |
* Freight, elevation and dockage charges will be deducted from
the initial payments at country elevators. Deductions will vary by
delivery point and pool account.
Metric Conversions
Wheat One tonne = 36.744 bushels
Barley One tonne = 45.930 bushels