Initial payments rise – for May. 28, 2010

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Published: May 28, 2010

Initial payments for wheat will rise by $5 to $44.65 per tonne depending on grade, class and protein.

The increase is effective June 3.

The largest increases affect high protein wheat.

For example, No. 1 CWRS 15.5 percent protein increases by $44.65 per tonne to $256.25 at port.

No. 1 CWRS 12.5 percent increases $10 per tonne to $188 at port.

No. 1 CWRS 11 percent rises $5 per tonne to $171 at port.

A listing of all payments is available at www.cwb.ca/payments.

Payments on grain already delivered will be deposited June 15. Cheques will arrive in the mail beginning June 24.

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