The Canadian Wheat Board’s two-row malting barley quality payment program has expanded for the 2006-07 crop year.
Three companies, Agricore United, Prairie West Terminal and South West Terminal, have joined the list of participating companies, raising the total to 14, said a CWB News release
news.
The program pays protein premiums to farmers who deliver two-row malting barley to participating elevators and maltsters.
The premiums range from a high of $5 per tonne for protein levels of 11 percent or lower, to $1 per tonne for 12.5 percent protein. Maltsters prefer low protein barley.
Protein levels of 12.6 and higher will not receive a premium, but are still eligible for selection and delivery under normal Canadian Grain Commission grades.
The program is limited to two-row barley because its market has the most clearly defined relationship between protein levels and prices paid by end-use customers.
