Winnipeg,
Manitoba
March 15, 2004
The Canadian Wheat Board (CWB)
today announced that 2003-04 initial payments for wheat, durum,
feed and designated barley will increase effective March 19,
2004.
The
increase in initial payments for wheat will be $17.30 to $32.25
per tonne, depending upon the grade. In the case of durum, the
increase will be $16.50 to $23.00 per tonne. For feed barley,
the increase will be $17.00 per tonne, while the increase for
designated barley 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 |
Payment to date |
|
No. 1
Canada Western Red Spring Wheat 12.5 |
$143.00 |
$23.75 |
$166.75 |
|
No. 1
Canada Western Amber Durum 12.5 |
$143.00 |
$18.00 |
$161.00 |
|
No. 1 CW
Barley |
$110.00 |
$17.00 |
$127.00 |
|
SS CW 2
Row Barley |
$157.00 |
$10.00 |
$167.00 |
A complete
listing of payments for all grades in dollars per tonne and
dollars per bushel is posted on the CWB's Web site (under the
Farmer Contracts and Payments link) at
www.cwb.ca.
Farmers who
delivered wheat, durum, barley and designated barley to the CWB
between August 1, 2003 and March 18, 2004 will receive an
adjustment payment. The payments will be mailed on March 29,
2004 or received by direct deposit on March 26, 2004. Farmers
who wish to defer payments have until March 23, 2004 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. |
