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