Malting barley initials to get $50-plus boost

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Prairie malting barley growers can expect to see an extra $51.90 per tonne in the next few weeks for their 2011-12 deliveries.

The barley adjustment payment, expected to flow by direct deposit on Feb. 21 and by cheques in the mail starting Feb. 24, is on the list of increased initial payments effective next Thursday (Feb. 9),announced Friday by the Canadian Wheat Board.

Certain grades and classes of milling wheat will earn adjustment payments ranging from $5.05 to $27.90 per tonne, while some grades and classes of durum will earn an extra $35.20 to $45.55 per tonne.

All grades and classes of designated (malting) barley will get the additional $51.90 per tonne, boosting the total initial payment so far for Select Canada Western (CW) two-row to $281.90 per tonne ($6.14 per bushel) and for Select CW six-row to $264.90 ($5.77/bu.). Initial payments were not increased for feed barley.

In milling wheat, the top-end increase of $27.90 per tonne goes to No. 2 CW red spring (CWRS) between 13.5 and 15.5 per cent protein and No. 2 CW hard white spring (CWHWS) between 13.5 and 15.5 per cent protein. The total initials so far for No. 2 CWRS (15.5 per cent),for example, now total $255.40 per tonne ($6.95/bu.).

Read more at http://agcanada.com/daily/malting-barley-initials-to-get-50-plus-boost/
 
 
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