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Farmers

Guaranteed Price Contract

Guaranteed Price Contracts are three-way contracts between the CWB, grain companies and farmers. The CWB issues feed barley tenders to the grain trade when there are opportunities to make international feed barley sales at good prices for farmers. After being awarding these tenders, grain companies work with farmers to secure the necessary tonnage. Farmers, in turn, accept a guaranteed in-store price and a defined delivery period. They negotiate the basis (freight, handling, etc.) with the grain companies on an individual basis. The grain companies commit to supply the CWB with the agreed-upon volume.

This feed barley GPC program is a cash program that allows the CWB to offer farmers prices that are competitive or higher than the domestic feed barley market. In addition to providing farmers with immediate cash flow, the Guaranteed Price Contract also gives farmers the option to price grain at current international values.

For more information, farmers can contact the CWB at 1-800-275-4292.