| | AWB 2010/11 $78 million wheat pool payment | | |
(19/01/2012) |
AWB made its fourth distribution overnight on Wednesday 18 January 2012 to farmers participating in its 2010/11 season wheat pools. The gross amount paid is $78 million and after deduction of supply chain costs, the net payment to farmers will be $67 million (excl GST).
AWB's John White said: "With the latest distribution, an average of 15% of pool equity, we will have paid out between 90 - 96% of estimated pool equity across the full range of wheat grades and pools.
"Our 2010/11 marketing program is almost complete and we remain on track to finalise the pool in April or sooner following completion of the external audit of our pools," Mr White said.
This payment also ensures the we are meeting distribution forecasts communicated to farmers last harvest.
The majority of farmers who had selected the AWB Loan payment option have had their loan balance repaid following this distribution payment.
AWB's estimated pool return for benchmark APW wheat in the eastern pool is $339 a tonne (FOB, excl GST). In AWB's western pool APW is $12 at $366 a tonne (FOB, excl GST) while ANW1 noodle wheat is $433 a tonne (FOB, excl GST).
Media contact: Peter McBride 0417 662 451
WHEAT: EASTERN POOL - Estimated Pool Return 2010/11 AWB Pool ($/t FOB, excluding GST) |
|
Pool Pay Grade Base Rate |
Estimated Pool Return |
Change |
|
APH1 (14% protein) |
$436 |
Unchanged |
|
APH2 (13% protein) |
$426 |
Unchanged |
|
AH1 (13% protein) |
$417 |
Unchanged |
|
AH2 (11.5% protein) |
$362 |
Unchanged |
|
AUH2 (Flat protein) |
$354 |
Unchanged |
|
APW1 (10.5% protein) |
$339 |
Unchanged |
|
ASW1 (Flat protein) |
$311 |
Unchanged |
|
SFE1 (Flat protein) |
$357 |
Unchanged |
|
SFE2 (Flat protein) |
$338 |
Unchanged |
|
AGP1 (Flat protein) |
$288 |
Unchanged |
|
HPS1 (Flat protein) |
$296 |
Unchanged |
|
FED1 (Flat protein) |
$258 |
Unchanged |
|
FED2 (Flat protein) |
$215 |
Unchanged |
|
AUW1 (Flat protein) |
$266 |
Unchanged |
|
SFW1 (Flat protein) |
$260 |
Unchanged |
|
GPSF (Flat protein) |
$260 |
Unchanged |
|
AH9 (Flat protein) |
$261 |
Unchanged |
|
DR1 (Flat protein) |
$375 |
Unchanged |
|
DR2 (Flat protein) |
$350 |
Unchanged |
|
DR3 (Flat protein) |
$325 |
Unchanged |
|
WHEAT: WESTERN POOL - Estimated Pool Return 2010/11 AWB Pool ($/t FOB, excluding GST) |
|
Pool Pay Grade Base Rate |
Estimated Pool Return |
Change |
|
AH1 (13% protein) |
$394 |
Unchanged |
|
AH2 (11.5% protein) |
$373 |
Unchanged |
|
AUH2 (Flat protein) |
$366 |
Unchanged |
|
APW2 (10% protein) |
$366 |
Unchanged |
|
APWN (10% protein) |
$366 |
Unchanged |
|
ANW1 (Flat protein) |
$433 |
Unchanged |
|
ANW2 (Flat protein) |
$423 |
Unchanged |
|
ANW3 (Flat protein) |
$403 |
Unchanged |
|
ASW1 (Flat protein) |
$364 |
Unchanged |
|
AGP1 (Flat protein) |
$343 |
Unchanged |
|
AUW1 (Flat protein) |
$326 |
Unchanged |
|
AUW2 (Flat protein) |
$296 |
Unchanged |
|
SFT1 (Flat protein) |
$375 |
Unchanged |
|
SFT3 (Flat protein) |
$365 |
Unchanged |
|
FED1 (Flat protein) |
$308 |
Unchanged |
|
WA Trial Grades |
|
|
|
WAH1 |
$394 |
Unchanged |
|
WAH2 |
$373 |
Unchanged |
|
WAH3 |
$368 |
Unchanged |
|
WUH1 |
$366 |
Unchanged |
|
WUH2 |
$296 |
Unchanged |
|
WPW2 |
$364 |
Unchanged |
|
WPW3 |
$364 |
Unchanged |
|
WUP1 |
$343 |
Unchanged |
|
WUP2 |
$296 |
Unchanged |
|
WNW1 |
$433 |
Unchanged |
|
WUN1 |
$343 |
Unchanged |
|
WUN2 |
$296 |
Unchanged |
|
|
|
|
|
|
|
|
AWB 2010/11 EASTERN POOL - Distribution payment summary (A$/t FOB, GST exclusive): |
|
Pool Pay Grade |
1st Distn |
2nd Distn |
3rd Distn |
4th Distn |
EPR |
% paid to date |
|
APH1 |
129.08 |
111.75 |
107.28 |
65.40 |
$436 |
95% |
|
APH2 |
126.28 |
109.25 |
104.88 |
63.90 |
$426 |
95% |
|
AH1 |
125.72 |
107.00 |
102.72 |
62.55 |
$417 |
95% |
|
AH2 |
107.80 |
92.75 |
89.04 |
54.30 |
$362 |
95% |
|
AUH2 |
105.56 |
90.75 |
87.12 |
53.10 |
$354 |
95% |
|
APW1 |
90.50 |
87.00 |
90.48 |
50.85 |
$339 |
94% |
|
ASW1 |
82.56 |
80.25 |
73.83 |
46.65 |
$311 |
91% |
|
SFE1 |
94.75 |
87.36 |
91.00 |
53.55 |
$357 |
92% |
|
SFE2 |
89.75 |
82.80 |
86.25 |
50.70 |
$338 |
92% |
|
AGP1 |
76.08 |
71.52 |
71.52 |
43.20 |
$288 |
91% |
|
HPS1 |
77.76 |
73.20 |
76.25 |
44.40 |
$296 |
92% |
|
FED1 |
66.48 |
63.60 |
63.60 |
38.70 |
$258 |
90% |
|
FED2 |
56.40 |
53.52 |
53.52 |
32.25 |
$215 |
91% |
|
SFW1 |
67.68 |
64.80 |
64.80 |
39.00 |
$260 |
91% |
|
GPSF |
68.40 |
64.80 |
64.80 |
39.00 |
$260 |
91% |
|
AH9 |
67.68 |
64.80 |
64.80 |
39.15 |
$261 |
91% |
|
DR1 |
103.60 |
97.50 |
101.25 |
56.25 |
$375 |
96% |
|
DR2 |
96.60 |
91.00 |
94.50 |
52.50 |
$350 |
96% |
|
DR3 |
89.60 |
84.50 |
87.75 |
48.75 |
$325 |
96% |
|
AWB 2010/11 WESTERN POOL - Distribution payment summary ($/t FOB, GST exclusive): |
|
Pool Pay Grade |
1st Distn |
2nd Distn |
3rd Distn |
4th Distn |
EPR |
% paid to date |
|
AH1 |
123.48 |
98.88 |
98.88 |
55.16 |
$394 |
96% |
|
AH2 |
112.00 |
92.88 |
96.75 |
55.95 |
$373 |
96% |
|
AUH2 |
106.40 |
91.20 |
95.00 |
54.90 |
$366 |
95% |
|
APW2 |
95.00 |
90.72 |
98.28 |
54.90 |
$366 |
93% |
|
APWN |
95.00 |
90.72 |
98.28 |
54.90 |
$366 |
93% |
|
ANW1 |
120.00 |
120.00 |
109.00 |
64.95 |
$433 |
96% |
|
ANW2 |
117.50 |
117.50 |
106.50 |
63.45 |
$423 |
96% |
|
ANW3 |
112.50 |
112.50 |
101.50 |
60.45 |
$403 |
96% |
|
ASW1 |
90.24 |
97.76 |
90.24 |
54.60 |
$364 |
91% |
|
AGP1 |
85.20 |
92.30 |
85.20 |
51.45 |
$343 |
92% |
|
AUW1 |
79.20 |
87.88 |
84.50 |
48.90 |
$326 |
92% |
|
AUW2 |
70.56 |
80.08 |
77.00 |
44.40 |
$296 |
92% |
|
FED1 |
75.60 |
82.68 |
76.32 |
46.20 |
$308 |
91% |
|
WAH1 |
123.48 |
98.88 |
98.88 |
55.16 |
$394 |
96% |
|
WAH2 |
112.00 |
92.88 |
96.75 |
55.95 |
$373 |
96% |
|
WAH3 |
95.50 |
91.20 |
98.80 |
55.20 |
$368 |
93% |
|
WUH1 |
106.40 |
91.20 |
95.00 |
54.90 |
$366 |
95% |
|
WUH2 |
70.56 |
80.08 |
77.00 |
44.40 |
$296 |
92% |
|
WPW2 |
94.50 |
90.24 |
97.76 |
54.60 |
$364 |
93% |
|
WPW3 |
90.24 |
97.76 |
90.24 |
54.60 |
$364 |
91% |
|
WUP1 |
85.20 |
92.30 |
85.20 |
51.45 |
$343 |
92% |
|
WUP2 |
70.56 |
80.08 |
77.00 |
44.40 |
$296 |
92% |
|
Average adjustments applied to this distribution |
|
% applied to |
Supply chain deductions |
|
|
|
Receival Fee |
Up Country Fee |
Freight Fee |
Port Fee |
Protein adjustment |
|
1st Distribution |
100% |
26% |
26% |
26% |
25% |
|
2nd Distribution |
0% |
25% |
25% |
25% |
25% |
|
3rd Distribution |
0% |
33% |
33% |
33% |
24% |
|
4th Distribution |
0% |
14% |
14% |
14% |
15% |
|
Cumulative % |
100% |
98% |
98% |
98% |
90% |
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