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CWB requests increase in initial payments

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Published: February 24, 2011

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The Canadian Wheat Board has asked the federal government to again increase the initial payments for base grades of wheat, durum and feed barley.

If approved by Ottawa, the increases would be $30 to $75 a tonne. The board declined to be more specific.

The timing of payments cannot be confirmed until government approval is received, according to a process set out by the CWB Act.

That process historically takes six to 10 weeks, although there has been pressure from the board and farm groups to speed it up.

If approved, this would be the third increase in initial payments in 2010- 11. The most recent was sent to farmers in early to mid-February.

The year started Aug. 1 with an initial of $188 a tonne for 1 CWRS12.5 percent protein wheat. The total payment to date, with adjustments, is $225.20 a tonne.

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Adrian Ewins

Saskatoon newsroom

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