Farmers
Guaranteed Delivery Contracts
New for 2010-11
Guaranteed Delivery Contracts (GDCs) for specialty wheat classes
GDCs only for Canada Prairie Spring White (CPSW) wheat and Canada Western Extra Strong Red Spring (CWES) wheat. Series A, B and C discontinued for these classes.
Canada Western Red Winter (CWRW) wheat, (CWSWS) and CPSR offered under Series A. If more grain is needed, these classes will be called in with GDCs.
|
2010-11
What does it offer?
A Guaranteed Delivery Contract enables you to contract grain for a specific delivery period in order to take advantage of sales opportunities.
Program details
- GDCs have100-per-cent acceptance.
- The contract program provides you full delivery of your contracted tonnes on a single delivery call.
- GDCs offer a defined delivery period.
- GDC delivery periods span 30 days in order to meet sales requirements.
- The CWB may offer several GDCs for the same grain throughout the crop year.
- GDCs have a tonnage limit and may close without notice.
- Read your contract carefully. Understand the terms and conditions.
- Know the specific grain quality specifications and other production requirements as outlined by your contract.
- You are expected to deliver 90-per-cent of the contracted grade and protein.
- GDC contracts can be used in conjunction with any applicable CWB pricing options, such as Producer Payment Options (PPOs).
Producer Payment Options (PPOs)
- You can apply for an Early Payment Option contract on the tonnes committed to a GDC by completing a "2010-11 Early Payment Option Sign-up/Lock-in Application."
- In addition, if you have a Fixed Price Contract, Basis Payment Contract or FlexPro contract, you can apply deliveries against those contracts for payment.
Red Winter Select Offer 1
1 CWRW Select and 2 CWRW Select
Offer information
| Offer |
Signup
start date |
Signup
end date |
Signup termination
date |
Call for
delivery
by (date) |
Stations |
No. 1
(Viterra) |
Aug 27, 2010 |
Oct 1, 2010 |
N/A |
Called by
Oct 15, 2010
or by company
whichever
is earlier
|
Agassiz, Binscarth, Booth Siding, Canora, Carnduff, Davidson, Fairlight, Grenfell, Humboldt, Knox, Langenburg, Melfort, Melville, Moose Jaw, Red River South, Regina East, Roblin, Saskatoon, South Lakes |
Farmers can sign up by contacting their local elevator agent.
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