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|
- 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.