The Basics	Wheat Producers can deliver their wheat between June 1st and September 30th to any board appointed agent, terminal or processor and participate in the pooling program.
How it works	The board markets the pooled wheat on behalf of the producers.  Producers recieve an initial payment upon delivery.  Pricing for initial payments is based on landed basis points that include direct delivery to a terminal or Ontario mill.  When delivery is made to a board appointed agent, producers's will receive an initial payment less license fees, handling and transportation costs directly from the elevator at the time of delivery.  Handling and transportation fees are negotiated directly between the producer and the elevator.  When delivery is made to a terminal elevator or processor, a payment for the full initial payment less license fees and applicable deductions will be sent to the producer from the board office.   Interim payments may be made throughout the year as the crop is sold.   90% or better of the expected returns will be distributed to producers by January 31 – the goal will be to have interim payment cheques, if any, in the mail by January 15. The final payment would be distributed to  producers after the May 31 crop year end and a completed audit - typically in August.
Deadlines	All wheat intended for the pooling program must be delivered by September 30th of any given crop year.
The Rules	Must deliver to a board-appointed agent, terminal elevator or processor between June 1 and September 30th of the crop year. Sample wheat is not accepted by the board.
Other Details	Wheat delivered to the board between June 1st and September 30th by producers who do not have any contracts with the board, will automatically go into the pool and NOT cash pricing. To check the current crop year's initial payments click here.
Pros	Can capture price or basis increase after harvest.  Can deliver to any board location.
Cons	Don't get all of the cash up front.  Prices could go down.
Choose this Marketing Alternative When:	You want the board to market your wheat for you.  You believe pooled returns will be greater than returns from other marketing alternatives.  You can afford to wait for payment.