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 ASX: AWB 2007/08 National Pool  (12/05/2008)


Estimated Pool Returns (EPRs) for all wheat grades in the AWB Number 1, Number 2 and Number 3 2007/08 National Pools are unchanged following the fortnightly review of National Pool returns.

The 2007/08 EPR for benchmark APW grade for the AWB Number 1 National Pool remains at $418/t (FOB GST exclusive), the Number 2 National Pool APW remains at $399/t (FOB GST exclusive) and the Number 3 National Pool APW remains at $350/t (FOB GST exclusive).

AWB General Manager National Pool, David Johnson, said international wheat cash prices stabilised over the past fortnight with continuing rain across the United States corn belt delaying corn planting.

“Late last week the United States Department of Agriculture released their first estimate of the 2008/09 world balance sheets with global wheat production forecasted to increase 49.6 million tonnes to 656 million tonnes,” Mr Johnson said.

“The initial forecast is negative for global wheat prices as world ending stocks are forecast to increase 14 million tonnes year on year.”

The next pool update is scheduled for Monday 26th May 2008.

Media Inquiries: Peter McBride on 03 9209 2174 or 0417 662 451

Estimated Pool Return 2007/08 AWB Number 1 National Pool ($/t FOB, GST exclusive):

Pool Pay Grade Base Rate

Estimated Pool Return

Change

APH (13% protein 5% screenings 12.5% moisture)

$433.00

Unchanged

APHP (13% protein 5% screenings 12.5% moisture)

$438.00

Unchanged

AH (11.5% protein 5% screenings 12.5% moisture)

$422.00

Unchanged

AHP (11.5% protein 5% screenings 12.5% moisture)

$427.00

Unchanged

AUH (11.5% protein 5% screenings 12.5% moisture)

$422.00

Unchanged

APW (10.5% protein 5% screenings 12.5% moisture)

$418.00

Unchanged

APWT (10.5% protein 5% screenings 12.5% moisture)

$424.00

Unchanged

ASW (10% protein 5% screenings 12.5% moisture)

$413.00

Unchanged

AGP (10% protein 5% screenings 12.5% moisture)

$406.00

Unchanged

AUW (10% protein 5% screenings 12.5% moisture)

$406.00

Unchanged

ASF1 (8.5% protein 5% screenings 12.5% moisture)

$430.00

Unchanged

ASWN (10.5% protein 5% screenings 12.5% moisture)

$423.00

Unchanged

APN (10.5% protein 5% screenings 12.5% moisture)

$437.00

Unchanged

FEED (Flat protein, screenings and moisture)

$350.00

Unchanged

APDR (13% protein 5% screenings 12.5% moisture)

$587.00

Unchanged

AGDR (10% protein 5% screenings 12.5% moisture)

$443.00

Unchanged

Estimated Pool Return 2007/08 AWB Number 2 National Pool ($/t FOB, GST exclusive):

Pool Pay Grade Base Rate

Estimated Pool Return

Change

APH (13% protein 5% screenings 12.5% moisture)

$414.00

Unchanged

APHP (13% protein 5% screenings 12.5% moisture)

$419.00

Unchanged

AH (11.5% protein 5% screenings 12.5% moisture)

$403.00

Unchanged

AHP (11.5% protein 5% screenings 12.5% moisture)

$408.00

Unchanged

AUH (11.5% protein 5% screenings 12.5% moisture)

$403.00

Unchanged

APW (10.5% protein 5% screenings 12.5% moisture)

$399.00

Unchanged

APWT (10.5% protein 5% screenings 12.5% moisture)

$405.00

Unchanged

ASW (10% protein 5% screenings 12.5% moisture)

$394.00

Unchanged

AGP (10.5% protein 5% screenings 12.5% moisture)

$387.00

Unchanged

AUW (10% protein 5% screenings 12.5% moisture)

$387.00

Unchanged

ASWN (10.5% protein 5% screenings 12.5% moisture)

$404.00

Unchanged

APN (10.5% protein 5% screenings 12.5% moisture)

$418.00

Unchanged

FEED (Flat protein, screenings and moisture)

$320.00

Unchanged

Estimated Pool Return 2007/08 AWB Number 3 National Pool ($/t FOB, GST exclusive):

Pool Pay Grade Base Rate

Estimated Pool Return

Change

APW (10.5% protein 5% screenings 12.5% moisture)

$350.00

Unchanged

AH (11.5% protein 5% screenings 12.5% moisture)

$354.00

Unchanged

APH (13% protein 5% screenings 12.5% moisture)

$365.00

Unchanged

ASW (10% protein 5% screenings 12.5% moisture)

$345.00

Unchanged

ASWN (10.5% protein 5% screenings 12.5% moisture)

$355.00

Unchanged

AGP (10.5% protein 5% screenings 12.5% moisture)

$338.00

Unchanged


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