2006-07-06
Author: 800 CHAB News - CWB

The CWB has announced a number of changes to delivery contracts for Canada Western Amber Durum (CWAD) for the 2006-07 crop year.

"These changes are a direct response to farmer input," said Ken Ritter, chair of the CWB's farmer-controlled board of directors. "The CWB held farmer focus groups on durum delivery and these changes are the result."

Ritter noted that the changes will ensure simplicity, transparency and ease of use for farmers and ensure the integrity of the durum delivery contracting system.

Effective August 1, 2006:

--There will be two delivery contracts, Series A and Series B, but no Series C, to simplify the contracting process.

--Assuming a normal harvest and grade pattern for CWAD, the CWB will move to the sole use of Guaranteed Delivery Certificates for Nos. 4 and 5 CWAD in the 2006-07 crop year.
In the event of growing or harvest conditions that result in a non-traditional grade pattern, the CWB is prepared to provide a CWAD Select contract that will give farmers a market incentive to preserve the highest quality grain for premium markets.

--Farmers offering durum on CWB delivery contracts could be subject to a bin audit to verify stocks.