Newsroom
2005
CWB announces final payments for 2004-05 crop year
December 1, 2005
Winnipeg -- The Canadian Wheat Board (CWB) will send farmers final payments for the wheat, durum wheat, feed and designated barley they delivered to the CWB during the 2004-05 crop year over the next week. These final 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.
This is the fifth year the CWB has issued final payments before mid-December. The earlier issue date was established to respond to farmers' cash flow needs. Direct deposit payments will be credited to farmers' accounts on December 6. Final payment cheques will be dated December 6 and mailed December 9.
Final payments, in dollars per tonne, for the base grades in each pool account are listed below. The total payment is based on the value of grain in store at Vancouver or the St. Lawrence.
| Grade |
Initial
payment |
Interim
payment |
Final
payment |
Total
payment |
| No. 1 Canada Western Red Spring wheat 12.5 |
$177.10
|
$7.00
|
$11.91
|
$196.01
|
| No. 1 Canada Western Amber Durum wheat 12.5 |
$186.00
|
$12.00
|
$12.07
|
$210.07
|
| No. 1 Canada Western barley (Pool B) |
$74.00
|
$40.00
|
$17.68
|
$131.68
|
| SS CW 2-row barley |
$167.00
|
$0
|
$12.95
|
$179.95
|
A complete listing of payments for all grades in dollars per tonne and dollars per bushel is posted on the CWB's Web site.
Controlled by western Canadian farmers, the CWB is the largest wheat and barley marketer in the world. As one of Canada's biggest exporters, the Winnipeg-based organization sells grain to more than 70 countries and returns all sales revenue, less marketing costs, to Prairie farmers.
For more information, please contact:
Rhéal Cenerini
Communications consultant
Winnipeg, MB
tel: (204) 983-4497