Canadian Wheat Board

Prairie strong, worldwide

Farmers

Fixed price contract

2006-07 values for buyout calculation

Barley (CW)

Effective: December 01, 2006 2:30 p.m. CT
Expires: December 04, 2006 7:30 a.m. CT
The next set of buyout values will be available at 2:30 p.m. CT on December 04, 2006. Winnipeg is located in the Central Time (CT) zone and all deadlines are quoted as CT.

DISCLAIMER
While the following values and calculations are actual prices and buyout formulas, they are intended only for producer information purposes. A Producer Payment Option (PPO) buyout transaction cannot be completed from this Web site. If you have an FPC or a BPC and wish to initiate a PPO contract buyout, please contact the CWB Business Centre at 1-800-275-4292.

$ Cdn/tonne $ Cdn/bushel Adj Factor
No. 1 CW Barley, November 23, 2006
(reference grade) PRO
$177.00 $3.85
Fixed Price $170.75 $3.72 -0.25

Buyout Calculations

Fixed Price Contracts (FPC)
Buyout for FPC contracts:
The greater of:
(current FPC - producer's FPC) or (current futures - producer's futures)

Note: If the calculation results in a negative value, i.e. the producer's contract is of greater value; the buyout charge would be just the $15 administration fee. The CWB does not pay out basis or futures gains.

For more information on this or other Producer Payment Options, please contact the CWB at 1-800-275-4292.