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CASTLE MALTING NEWS in partnership with www.e-malt.com French
02 December, 2005



Barley news Canada: CWB announces barley final payments for 2004-05 crop year

The Canadian Wheat Board (CWB) will send farmers final payments for feed and designated barley as well as for the wheat, durum wheat, they delivered to the CWB during the 2004-05 crop year over the next week (49), CWB announced on December 1. These final payments represent the balance of the money owing to farmers after their grain has been marketed through the CWB, and after operating costs have been deducted.

This is the fifth year the CWB has issued final payments before mid-December. The earlier issue date was established to respond to farmers' cash flow needs. Direct deposit payments will be credited to farmers' accounts on December 6. Final payment cheques will be dated December 6 and mailed December 9.

Final payments, in dollars per tonne, for the base grades in each pool account are listed below. The total payment is based on the value of grain in store at Vancouver or the St. Lawrence.

No. 1 Canada Western barley (Pool B)
Initial payment C$74.00
Interim payment C$40.00
Final payment C$17.68
Total payment C$131.68

SS CW 2-row barley
Initial payment C$167.00
Interim payment C$0
Final payment C$12.95
Total payment C$179.95

A complete listing of payments for all grades in dollars per tonne and dollars per bushel is posted on the CWB's Web site.

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 marketing costs, to Prairie farmers.





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