Farmers
Durum FPC
A Fixed Price Contract (FPC) is available for durum beginning February 27, 2006.
There is more choice in how your grain is priced and when you receive payment for your grain.
The board of directors of the CWB is committed to providing you with marketing and payment choices.
How the FPC for durum works
The FPC enables you to lock in a price for all or a portion of your durum by the deadline date of November 1, 2006 at 7:30 a.m. CT.
The FPC value is based on the CWB Pool Return Outlook (PRO) minus a discount for risk, time-value of money and administration costs of the program. Any costs related to the program are covered by the producers who use it.
The FPC pricing schedule for durum is announced every business day, beginning with the day the February PRO is released (usually at the end of the month) and ending with the close of the sign-up period.
If you choose the FPC, you receive full payment within 10 days of delivering and settling for your grain. These deliveries are no longer in the pool account and are not eligible for CWB adjustment, interim or final payments.
General information
- Durum producer worksheet
(PDF format 91 KB)
Current pricing is available here or by calling the CWB's toll-free line. You can commit to contracts over the phone by providing your CWB Producer Identification Number along with your Personal Identification Number (PIN). Fax commitments are also accepted at (204) 983-8031. Sign-up application forms are available by contracting the CWB and local elevators.