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Nov 9 new CWB deadline

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    Nov 9 new CWB deadline

    Monday, November 5, 2012

    In this Updater
    •CWB extends contract deadline for Harvest Pool
    •Defer your upcoming 2011-12 interim pool payment
    •CWB @ Agri-Trade and Harvest Showdown
    •Introducing new Farm Business Representative Jason Hanstock

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    CWB extends contract deadline for Harvest Pool to November 9

    The deadline to sign up for the CWB Harvest Pool is this Friday, November 9. View the full news release online.

    Pools benefit you by spreading price risk across a period of many months, ensuring you are not captive to the price offered at the time you contract your grain. CWB pools manage both futures and basis price risk. Basis price risk is driven by factors such as buyers' short term needs, handling and transportation costs, and spreads for protein and other quality characteristics.

    Under pooling, you continue to benefit from sales prices achieved after you deliver your grain to the elevator. In addition, because CWB contracts can be delivered to any grain handling facility, you can negotiate the best deals possible on freight and handling charges. CWB Farm Business Representatives can help you with information on these costs and delivery opportunities.

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    Defer your upcoming 2011-12 interim pool payment

    Farmers who wish to defer the upcoming interim pool payment for 2011-12 wheat, durum and barley are encouraged to contact CWB as soon as possible.

    Payment amounts will be announced when government approval is received. However, if you already know you would like to defer, you can make arrangements now. More information is posted at www.cwb.ca/defer.

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    CWB @ Agri-Trade and Harvest Showdown

    You are invited to drop by CWB's booth during Agri-Trade at Westerner Park in Red Deer and Harvest Showdown at Yorkton Exhibition in Yorkton this week, Wednesday through Saturday.

    The booths are staffed by friendly and knowledgeable CWB Farm Business Representatives from across Western Canada, who can help you with information about contracts and deliveries.

    Find CWB's full tradeshow schedule online at www.cwb.ca/tradeshows.

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    Introducing new Farm Business Representative Jason Hanstock

    CWB Farm Business Representatives (FBRs) work for farmers in communities across western Canada. They live in the region they serve and are an important link between you and CWB.

    Jason Hanstock is the new FBR for southwestern Saskatchewan and is available to:
    •Explain how CWB programs can fit into your farm operation
    •Host and attend your conference or public speaking engagement
    •Help you navigate CWB's online business tools on CWB's Web site and e-Services
    •Trouble shoot any concerns with contracts and deliveries

    Do you know who your FBR is?

    It's easy to find out using CWB's online FBR look-up tool. Simply click on the map of western Canada to instantly find your FBR's contact information.

    #2
    Have not moved enough grain to fill commitments. Just watch layoffs and shut down of the CWB as they burn through their government money and any farmer equity left.

    Comment


      #3
      Just announced "Do not expect final
      payments for 2011-2012 crop year before
      the end of Jan or early Feb".

      Comment


        #4
        Interesting that flaten would tell the inland terminal association but not famers.

        They haven't got the grain to market - they should have the finals done by now.

        Just to be a prick, I may phone and ask if any of the employees are waiting for their paycheck. They should be, they don't seem to be doing anything, anyway.

        Comment


          #5
          Same old, same old, talk to every one but
          the farmer.

          Comment

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