GUELPH, ON (November 21, 2012) – Grain Farmers of Ontario is pleased to announce an early interim payment for wheat that has been marketed though the pool program. In line with adapting the pool program with new offerings we are making an early interim payment to all pool participants this year.
The following table shows the initial payment as well as the November initial payment.
|Wheat Class||Initial Payment at Delivery||Interim Payment|
|Pool A – SWW||$140.00||$60.00|
|Pool B – HRW||$145.00||$25.00|
|Pool C – HRS||$158.00||$30.00|
|Pool E – SRW
Pool F – Common red
|Pool G – Wheat graded feed||$108.00||$60.00|
Note: all payments are in metric tonnes and based on delivery to a landed basis point
The regular January interim payment and summer final payment are anticipated as well. Pool participants with questions are encouraged to call the Wheat Marketing Department at 1-800-265-0550.
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.