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Farmers

New Generation Co-op (NGC) value-added initiative

This new CWB program offers farmers who are part of an NGC the ability to capture the pooled return for the North American domestic human consumption price (i.e. an NGC pooled price). Sign-up deadline for the NGC value-added initiative will be October 31. Farmers should be aware there is a risk that the NGC pooled return will be lower than the regular pools, depending on market conditions.

Program criteria:

  • The NGC must be located in the CWB designated area and fractionate the grain. Grain that is simply handled, cleaned, bagged or containerized does not qualify.
  • The NGC must be licensed by the Canadian Grain Commission (CGC) and obtain a CWB process elevator handling agreement. It must be accredited to execute sales contracts directly with the CWB.
  • Farmers who have shared delivery obligations at an NGC may deliver up to the maximum of their share obligation directly to the NGC when it calls for the grain.
  • Farmers participating in this program are sharing in the overall domestic human consumption (DHC) price paid by the NGC; they are not choosing a specific price for a particular date and time. The farmer’s return from the NGC’s processing facility will be based on the average price the NGC pays for the grain.
  • The NGC must provide full disclosure to the CWB of its ownership structure, including a list of all producer-owners and all the mandatory delivery requirements.
  • Farmers must be CWB permit book holders, entitled to deliver wheat, durum or barley.
  • Farmers can still deliver to NGCs and take part in the CWB’s regular pool accounts or signup for one of the CWB’s Producer Payment Options.