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About MultiV ›
Multi V 08/09 ›
07/08 MultiV Quality Scales ›

About AWB Multi Varietal Contract

AWB Multi Varietal contract is an innovative cash contract that incorporates a Golden Rewards payment system.

It is based on varietal classification, with quality payment scales for protein, screenings and moisture to improve pricing accuracy and better reflect the market value of wheat quality.

Your Choice
You can choose to fix your varietal grade spread and quality scales either when you make your contract or any time until 1st October 2005.  If not already confirmed by you, active components will be set by AWB on 1st October 2005.  Varietal grade spreads and quality payment scales must be confirmed at the same time.

Managing Risk
The AWBMultiV contract is a commitment of fixed tonnage taken at a single point in time.  Your price risk is not covered until all price components are confirmed and there are production and timing risks.

Contract Specifications

  • Fixed tonnage
  • Minimum contract size: 100t
  • Four price components
  1. APW Base price - updated daily (10% protein, 5% screenings,12.5% moisture)
  2. Freight - based on Port less rail
  3. Varietal grade spreads
  4. Quality payment scales - Protein, screenings and moisture are updated daily and are independent of the AWB National Pool

Guaranteed Payment
Quote your AWBMultiV contract number when you deliver the grain to receive full pmt within 30 days from date of delivery (transfer).

Risk Profile

Production Risk

Price Risk

Time

Cash Flow

Grade

Yield

COVERED

YES

COVERED

YES

COVERED

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