Canada: CWB issuing final payments of 2010-11

The Canadian Wheat Board (CWB) said on December, 21 it is issuing final payments to farmers for the wheat, durum wheat and barley they delivered to the CWB pools during the 2010-11 crop year. These payments represent the balance of the money owing to farmers after their grain has been marketed through the CWB pools, and after operating costs have been deducted.

Feed barley growers in 2010-11's Pool B will see C$23.72 per tonne, while malting barleys will fetch C$34.24 or C$34.48.

Select CW two-row and two-row hulless malting barley will yield final payments of C$34.24 per tonne, for total payments of C$265.74 per tonne (C$5.79 and C$6.99/bu. respectively). Select CW six-row will receive C$34.48, for a total of C$247.98 per tonne (C$5.40/bu.).

No. 1 and No. 2 CW feed barley (Pool B), meanwhile, will see final payments of C$23.72 per tonne, for totals of C$235.72 and C$230.72 per tonne (C$5.13 and C$5.02/bu.) respectively.

No. 1 and No. 2 CW feed barley in Pool A saw final payments of C36.39 per tonne in July, for total payment of C$238.39 and C$233.39 per tonne (C$5.19 and C$5.08/bu.) respectively.

23 December, 2011