WHE: Settlement Schedule
   
Settlement

Processing

Grading Data is made available to producers through our website as soon as the data is made available to us from the plants.

Settlement will take place once the grading data has been made available and the weekly price has been determined. The following schedule outlines a typical week without holidays or other disruptions.

Schedule

Day Slaughtered Settlement Processed Statements Online Statements Mailed Electronic Funds Transfered
Monday Thursday Friday Thursday Friday
Tuesday Thursday Friday Thursday Friday
Wednesday Thursday Friday Thursday Friday
Thursday Friday Saturday Friday Monday
Friday Monday Tuesday Monday Tuesday
Saturday Monday Tuesday Monday Tuesday
Sunday Monday Tuesday Monday Tuesday
  1. If a statutory holiday should fall within these days, processing will continue on the next business day.
  2. W.H.E. Settlement Week is from Monday to Sunday.
  3. Settlements cannot be processed until the W.H.E. Base Price for the week has been established.
  4. W.H.E. Base Price is established on Thursday.

Payment

The Western Hog Exchange (W.H.E.) introduced the "Electronic Funds Transfer" program in 1992 as a service to assist the quicker receipt of producer settlement funds. This is the prefered way for W.H.E. patrons to receive payments.

Producers wishing to enroll in this program must complete an "ELECTRONIC FUNDS TRANSFER - ENROLLMENT FORM" which can be downloaded by clicking the link provided.

Inquiries

If you would like further information regarding Electronic Funds Transfer, or would like a form mailed to you, please contact us.

Head Office

Phone: (780) 474-8292
Fax: (780) 471-8065
whe@westernhogexchange.com