Enrolment opens for CWB?s new-crop programs

notafarmer

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The sign-up period is officially underway for wheat, durum and malting barley growers wanting to get in on the refurbished CWB?s new-crop pool and cash contracts.

The CWB on Thursday (March 29) opened the new-crop pools and programs for the 2012-13 crop year, which begins Aug. 1.

"Farmers can rely on the CWB to provide them with the most effective grain-marketing strategy as they enter a new open-market environment," CWB CEO Ian White said in a release.

"Our programs offer competitive returns and solid risk management, with options designed for maximum choice and minimum hassle."

The CWB, which officially loses its single marketing desk for Prairie wheat and barley with the start of the new crop year, will offer two pools, three cash-contract programs and malting barley production contracts.

The programs have been promoted to Prairie farmers during March at a series of 21 meetings ending Friday at Somerset, Man.

Farmers can now sign up directly with the CWB for some contracts, and choose their delivery point later, the CWB said. They may also contract through their "preferred CWB grain-handling partners.

As of Friday those partners include Cargill?s 29 Prairie elevators (12 in Saskatchewan, 10 in Alberta and seven in Manitoba) and, more recently, South West Terminal at Gull Lake, Sask., about 50 km west of Swift Current.

Handling agreements are also expected to be reached "shortly" with all other Prairie grain companies, giving farmers "a wider range of delivery choices than any other contract available," the CWB said Thursday.

More at http://agcanada.com/daily/enrolment-opens-for-cwbs-new-crop-programs/
 
 
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