Newsroom
2006
Initial payments for 2005-06 crop year increased
April 5, 2006
Winnipeg -- The CWB today announced that 2005-06 initial payments for wheat, durum and designated barley will increase effective April 6, 2006.
The increase in initial payments for wheat and feed wheat will be from $13.00 to $23.10 per tonne. In the case of durum, the increase will be from $15.00 to $19.00 per tonne. For designated barley, the increase will be $10.00 per tonne.
The adjustment payments, in dollars per tonne, for representative grades in each pool account are listed below. The total initial payment to date is based on the value of grain in store at Vancouver or St. Lawrence.
| Grade |
Initial
payment |
Adjustment
payment |
Total payment
to date |
| No. 1 Canada Western Red Spring wheat 12.5 |
$156.50
|
$16.00
|
$172.50
|
| No. 1 Canada Western Amber durum 12.5 |
$142.00
|
$19.00
|
$161.00
|
| SS CW 2 Row barley |
$141.00
|
$10.00
|
$151.00
|
A complete listing of payments for all grades in dollars per tonne and dollars per bushel is posted on the CWB's Web site at www.cwb.ca.
Farmers who delivered wheat, durum and designated barley to the CWB between August 1, 2005 and April 5, 2006 will receive an adjustment payment. The payments will be dated April 18, 2006 and mailed on April 21, 2006. Farmers with direct deposit will have their accounts credited for value on April 18, 2006. Those who wish to defer payments have until April 11, 2006 to notify the CWB by calling 1-800-275-4292.
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
the costs of marketing, to Prairie farmers.
For more information, please contact:
Rhéal Cenerini
Communications consultant
Winnipeg, MB
tel: (204) 983-4497