• Sign-up of tonnage begins July 18 for the CWB’s 2011-12 FlexPro program. New this year, farmers can commit tonnage anytime until March 15, 2012, then price it on any business day between Aug. 2, 2011 and July 31, 2012. Previously, sign-up ended at the beginning of the new crop year on Aug. 1.
Under the expanded program, sign-up after Aug. 1 will be subject to an adjustment factor that reflects actual CWB pricing activity to that date. For more information, go to http://www.cwb.ca/ppo , and then select the 2011-12 FlexPro link.
• Winter wheat growers are reminded that a new 11-per-cent protein minimum will be in effect on August 1 for Canada Western Red Winter (CWRW) wheat to qualify for the top two grades. A No. 3 grade has also been newly introduced by the Canadian Grain Commission. The changes are designed to help Prairie winter wheat become more competitive in the international market place and ensure the CWRW class consists of milling-quality wheat. In addition, in two years (effective August 1, 2013), a number of varieties will be moved from the Canada Western Red Winter (CWRW) class to the Canada Western General Purpose class. They are CDC Kestrel, CDC Clair, CDC Harrier, CDC Falcon and CDC Raptor.
Read Also
Feed Grains Weekly: Cash prices for wheat, barley largely flat
Cash prices for feed barley and wheat continued to remain largely flat, said Susanne Leclerc of Market Master Ltd. in Edmonton.
•The CWB terminated the 125- to 200-per-cent values under its 2010-11 Early Payment Option program for feed wheat and Nos. 4 and 5 Canada Western Amber Durum (CWAD) on Friday, July 15, 2011.
• July 29 is the deadline for farmers to sign-up a 2010-11 Early Payment Option contract or lock in a price under the 2010-11 FlexPro program.
