AWB today announced that farmers who selected the AWB Loan and Advanced Payment products will this week have received proceeds or had available credit limits increased from AWB’s top-up for the AWB 2011/12 barley and WA lupin pools.

The barley payment means that AWB harvest finance clients will have received (or have available) payments representing an average of between 90% - 93% of the current estimated pool return (EPR) for 2011/12 season. 

AWB Richard Williams said: “The top-up applies to all grades, with the exception of some malt grades, in the AWB’s Eastern, South Australian and West Australian barley pools and on average the top-up will be $18 - $26 a tonne, which will assist farmers with cash flow which is important at this time of year,” Mr Williams said.

Western Australian lupin pool price remains unchanged at $250 tonne (FOB, excl GST).

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	$253	Unchanged	-	-	$243*	Unchanged
BA2	$253	Unchanged	-	-	-	-
GA1	$253	Unchanged	-	-	$243*	Unchanged
GA2	$245	Unchanged	-	-	-	-
BU1	$258	Unchanged	-	-	$243*	Unchanged
BU2	$245	Unchanged	-	-	-	-
HIND	-	-	-	-	$240*	Unchanged
F1	$245	Unchanged	$235	Unchanged	$235	Unchanged
F2	-	-	$235	Unchanged	$220	Unchanged

* Available only in Victoria

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