The AWB today announced that we have opened up new malting barley segregations and have revised the estimated pool returns (EPRs) for its 2011/12 barley pools.

AWB’s Jon White said: “AWB today opened Buloke segregation in WA due to farmer and customer demand and as well as a WA malt 2 segregation due to the current quality profile of the WA barley crop to provide farmers with a greater selection of barley marketing alternatives.”

“Malt barley estimates have been reduced due to a greater proportion of the barley achieving malt specification and overall limited selling opportunities,” Mr White said.

“The reduction in feed barley estimates is less and this is more a reflection of the broader sell off in commodity markets due the current global financial uncertainty.

"AWB’s current 2011/12 barley pool estimated pool returns are currently $7 - $10 above the current cash prices.

“At present we are seeing strong selling interest from Australian farmers however the barley market currently lacks volume buyers. 

“The 2011/12 barley pool provides an ideal marketing opportunity for Australian farmers as it takes a longer term view of the market and we anticipate customer demand to increase in the New Year which should provide support to our estimated pool returns,” Mr White said.

Farmers should contact our grain marketers or call AWB’s farmers services centre on 1800 4GRAIN (1800 447 246) regarding their grain marketing.

AWB’s 2011/12 barley estimated pool returns (EPRs) below:

BARLEY: Estimated Pool Return 2011/12 AWB Pools ($/t FOB, excluding GST)
Grade	Western Australia		South Australia		East Coast
BA1	$285	- $30	-	-	$265	new grade
BA2	$265	new grade	-	-	-	-
GA1	$280	- $25	-	-	$265	- $30
GA2	$265	new grade	-	-	-	-
BU1	-	-	-	-	$265	new grade
BU2	$265	new grade	-	-	-	-
HIND	-	-	-		$255	- $10
F1	$260	- $10	$250	- $10	$245	- $10
F2	-	-	$245	- $7	$230	- $10

Media contact: Peter McBride 03 9268 7362 or 0417 662 451

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