The Canadian Wheat Board has named the grain varieties eligible for the 2005-06 Identity-Preserved Contract Program.
The IPCP offers incentives to farmers interested in cultivating new varieties of wheat, durum and barley.
Varieties eligible are:
- Canada Western Hard White wheat Ñ Snowbird and Kanata ($2.50 per tonne premium, storage, guaranteed acceptance and delivery.)
- Canada Western Amber Durum wheat Ñ AC Navigator ($2.50 per tonne premium, guaranteed acceptance and delivery.)
- Canada Prairie Spring Red wheat Ñ 5701PR ($5 per tonne premium, storage, guaranteed acceptance and delivery.)
- Canada Western Red Winter wheat Ñ CWRW Select ($10 per tonne premium, storage, guaranteed acceptance and delivery and protein premiums to be announced closer to the start of the crop year.)
Read Also
Vegetable oil stocks are expected to tighten this year
Global vegetable oil stocks are forecast to tighten in the 2025-26 crop year, this should bode well for canola demand.
“This program helps match production to the market,” said Graham Worden, acting director of product development and marketing support in a news release.
“The more actively we work at meeting our customers’ needs, the more value we can extract from the market for farmers.”
Under the program, farmers receive a premium for production contracts on eligible varieties. This allows the wheat board to test market new varieties and provide buyers with quantities to meet their processing needs once the variety has been established.
Depending on the variety, the program also offers escalating on-farm storage payments, contract premiums and protein premiums.
Sign-up forms will be available in early March from pedigreed seed growers, elevators or by calling the board at 800-275-4292.
