Farmers
Early Payment Options
2006-07 pricing schedule
Feed Barley (CW)
Note: The 2006-07 Early Payment Option for feed barley is available until August 31 only to producers who have had their selected barley rejected due to low germination.
Effective:
August 06, 2007
2:30 p.m. CT
Expires:
August 07, 2007
7:30 a.m. CT
The next pricing schedule will be available at 2:30 p.m. CT on August 07, 2007. Winnipeg is located in the Central Time (CT) zone and all deadlines are quoted as CT.
Prices offered based on No. 1 CW Barley, as per the "2006-07 Early Payment Option for Feed Barley: Terms and Conditions", in store Vancouver or St. Lawrence, are:
| $ Cdn/tonne | $ Cdn/bushel | |||||
|---|---|---|---|---|---|---|
|
$198.00 | $4.31 | ||||
| Early Payment Value (EPV)( 100 per cent ) | $198.00 | $4.31 | ||||
| Discount* | $1.00 | $0.02 | ||||
|
*deducted from the EPV to determine the early payment made by the CWB |
||||||
Incremental Payment
An incremental payment will be made to compensate farmers for feed barley delivered in later months of the crop year.
The incremental payment reflects the time value of money in $/tonne. The payment summary for feed barley is as follows:
| Settlement Month | Aug. | Sep. | Oct. | Nov. | Dec. | Jan. | Feb. | Mar. | Apr. | May. | Jun. | Jul. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100 per cent | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
The CWB reserves the right to withdraw this Offer at any time and without prior notice. In order to be valid, any acceptance must be received at the CWB's head office in accordance with the approved methods of acceptance prior to the expiry or withdrawal of this Offer. The CWB will send written confirmation to the producer.
For more information on this or other Producer Payment Options, please contact the CWB at 1-800-275-4292.
The "2006-07 Early Payment Option for Feed Barley: Terms and Conditions" apply to this Offer.