ty durum to sell, the Canadian Wheat Board wants it.
This week is the deadline to sign up for a guaranteed CWB delivery contract designed to draw in as much quality durum as possible, as quickly as possible.
The deadline to sign a GDC for top quality durum is April 15.
No. 1 durum that has previously been committed to Series A or B or GrainFlo can be moved into the new GDC, and participants can choose to price it in crop year 2010-11 or 2011-12 at no additional fee.
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The CWB said the durum is urgently needed to fulfill existing sales commitments with two long-term customers: Japan and Morocco.
CWB spokesperson Maureen Fitzhenry said April 11 the program has attracted slightly more than 100,000 tonnes, but that’s not enough.
“Our customers are very anxious for more, and we have sales on the books now,” she said. “If producers don’t deliver now, when there’s really good sales opportunities, the risk is there will be more limited opportunities later in the year.”
She said there is no point in waiting to deliver, considering farmers can choose the crop year in which to price their durum.
“They can wait until July 31 if they wish to decide which pool to be paid out of.”
She said the board is confident farmers still have durum that was contracted under Series A but hasn’t yet been delivered.
