Winnipeg, Manitoba
December 19, 2005
The
Canadian Wheat Board (CWB) today announced the 2006-07
Identity Preserved Contract Program (IPCP) for wheat and durum
varieties. The IPCP allows the CWB to test-market new varieties
among potential domestic and international customers, and to
supply buyers with varieties that meet specific milling and
malting needs. “IPCP
varieties represent significant breeding advancements in their
classes,” said Earl Geddes, vice-president Product Development
and Marketing Support. Farmers entering into IPCP contracts are
helping to ensure that the wheat and durum varieties grown in
Western Canada continue to meet the needs of our customers.”
“The IPCP allows buyers to test
a variety’s milling and end-use qualities, which increases the
potential market for the high-quality grains grown by western
Canadian farmers,” he added.
Participating farmers will be
eligible for benefits including premiums of between $2.50 per
tonne and $10.00 per tonne. Incentives vary by program. They may
include guaranteed acceptance and delivery within the crop year
of all production that qualifies for the program, escalating
on-farm storage payments, contract premiums and protein
premiums.
Varieties eligible for the
2006-07 CWB IPCP are:
- Snowbird and Kanata -
Canada Western Hard White Spring wheat: $2.50 tonne premium;
limited guaranteed acceptance and delivery
- AC Navigator - Canada
Western Amber Durum wheat: $2.50 tonne premium
- Strongfield - Canada
Western Amber Durum wheat: Authorized handlers offering
incentives; limited guaranteed acceptance and delivery of
eligible grades; storage
- Commander - Canada Western
Extra Strong Amber Durum wheat: guaranteed acceptance and
delivery; storage
- 5701PR - Canada Prairie
Spring Red wheat: guaranteed acceptance and delivery of
eligible grades; $5.00 tonne premium; storage
- AC Bellatrix, AC
Readymade, AC Tempest, CDC Buteo, CDC Osprey, McClintock,
Norstar, Radiant - Canada Western Red Winter Select wheat:
guaranteed acceptance and delivery of eligible grades;
$10.00 tonne premium; storage
IPCP sign-up forms will be
available through elevators or by calling the CWB at
1-800-275-4292. More contract details may be found at
www.cwb.ca.
Controlled by western
Canadian farmers, the CWB is the largest wheat and barley
marketer in the world. As one of Canada’s biggest exporters, the
Winnipeg-based company sells grain to more than 70 countries and
returns all sales revenue, less marketing costs, to Prairie
farmers. |