CWB Extends Sign-up Period for Harvest Pool

CWB has extended the deadline for farmers to sign up to the Harvest Pool from today to Friday, November 9.

“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 in a company release. “Many farmers have told us they want to participate in our pools, but requested more time to confirm grades, obtain additional information on grain company deductions and incentives and make their decisions.”

White also noted there has been a large amount of contract sign-up in the last few days, but there is still room in the Harvest Pool for additional tonnes. “We can accommodate the requests for an extension of several days while still protecting returns for those who have already contracted,” White said.

“There are many excellent reasons that farmers continue to value a pooling option,” White said. “In fact, our research suggests that 80 per cent of producers intend to use CWB pool programs.” More information on CWB pools can be found at www.cwb.ca under the “Farmers” tab.

 

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