Grain Farmers of Ontario landed basis (initial payment) price chart for the 2010 crop year

Grain Farmers of Ontario announces the initial payments for the 2010 pool program:

 

Initial Payment Less License Fee Net Landed Basis Price
Pool A (SWW)  $93.00 $1.00 $92.00 
Pool B (HRW grown from certified seed) $97.00 $1.00 $96.00
Pool C (HRS grown from certified seed) $95.00 $1.00 $94.00
Pool E (SRW) $88.00 $1.00 $87.00
Pool F (HR) $88.00 $1.00 $87.00
Pool G (Feed) $69.00 $1.00 $68.00

 

Note:

  • Landed Basis Levels are subject to change
  • Classes HRW & HRS (Pools B & C) – plus protein payment
  • Discounts will apply for lower grades
  • Prices in metric tonne

Please refer to the variety list on our website (http://www.gfo.ca/Marketing/WheatMarketing/InitialPayments) for the varieties accepted for Pool C (HRS). All varieties not accepted in Pool C (HRS) will be considered Pool F (HR). Please remember that Grain Farmers of Ontario requires a Form 7 producer declaration for all Pool B (HRW) and Pool C (HRS) wheat.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $2.5 billion in farm gate receipts, result in over $9 billion in economic output and are responsible for over 40,000 jobs in the province.

Contact:

Barry Senft, CEO – 1-800-265-0550; bsenft@gfo.ca

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $2.5 billion in farm gate receipts, result in over $9 billion in economic output and are responsible for over 40,000 jobs in the province.