|CWB Extends Harvest Pool Deadline|
|Written by Neil Billinger|
|Wednesday, 31 October 2012 12:15|
Farmers have until next Friday, November 9 to sign Harvest Pool contracts.
The original deadline was today. (Wed, Oct 31)
"CWB recognizes that farmers need time to adjust to new options and procedures in the first year of the open market for Prairie grain," president and CEO Ian White said. "Many farmers have told us they want to participate in our pools, but requested more times to confirm grades, obtain additional information on grain company deductions and incentives, and make their decisions."
CWB officials held a large conference call with farmers several days ago to explain and answer questions about the Harvest Pool.
White says there has been a large amount of contract sign-up in the last few days, but there is still room for additional grain.
"We can accommodate the requests for an extension of several days while still protecting returns for those who have already contracted."
White says their research suggests 80 per cent of producers intend to use CWB pools to sell at least a portion of their wheat and barley.
|Last Updated on Wednesday, 31 October 2012 12:28|