HomeMy WebLinkAboutThe Goderich Signal-Star, 1973-08-02, Page 16SA—OODIBRICH SIGNAL SrAR THURSDAY AUGUST 2 1973
ntario's 1973 wheat cropselling und�r chang�d I�gjsIa
Oistiz o's 1979 wheat crop
Mow to be harvested will be
Mid under • different system
than in the • past involving
gsiicy marketing legislation.
Final detail came under ap-
proval of the Ontario Wheat
Producers' Marketing Board
late Friday, July 6th, in
Toreqpto,.when marketing board
rhait2man Fergus Young, R.R: I,
Enniamore, signed into effect
the necessary documents.
Woad powers of the agency
system of marketing places full
authority under board control
to purchase and sell all wheat
and to set the price and other
terrine and 'conditions of sale
such as grade discounts and
drying,. charges.
The marketing changes -were
implemented following
producer approval by secret,
ballot early in June of this year-
to .amend the existing Ontario
Wfiot Producers' Marketing
In making the announ-
cement, Mr. Young said the
new system provides for an
jnitial payment to producers,
and this has been . get at $1.51
per bush,: basis grade .2, J4%
moistu• e.
All wheat must now be sold
to or through the Ontario
Wheat Producers' Marketing
Board and, under a pooling
system, producers will receive a
final payment, when the wheat
is all sold. There \s also
provision for interim payments
if such would be possible.. at
some time during the crop year.
Mr. Young said a schedule of
carrying costa has also been
established,._&inounting to two
cents per bushel per month for
October, November, December
and January, to a maximum of
10 cents per bushel during
February, March, April and 5
cents for the month of May.
- Mr: Young said -wheat -will be
sold on a dry natter basis and
drying charges have also' been
established and will be 'in-
cluded in detailed material to
be forwarded to producers ai
soon as poeiible.
,J'he board chairman also ad-
vised that detailed information
and marketing regulations will
be. • forwarded' to ,country
- -elevators,- miller* and-. cereal.
'i
manufacturers just as soon asd
they can be printed aiad mailed, tn, w
Under, the amenaded ar• a=
re`ulat one, the market1n th• u,
board will a g what d
appoint 'sgettta to num �t !1M MW
handle the what as delivered b+nnit ltr�
by producers and the agents
will make the initial payment Then, will be
and in turn be reimbursed b levies y kms
sse
the marketing board. y� r the
..Mr...Y Dung said. the :ZPpo n .0at
rem+W in effect
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