| | Media Release: AWB 2008/09 pools $262 million third payment | | |
(12/10/2009) |
On Wednesday 14th October 2009 AWB will make a third distribution of $262 million FOB (GST exclusive) which, after the deduction of supply chain costs, will provide a $239 million (GST exclusive) net payment to pool participants who delivered to the 2008/09 AWB wheat pools.
AWB General Manager Commodities, Mitch Morison, said that the AWB was pleased with the 2008/09 sales and marketing program, with strong domestic and international sales achieved.
“The 2008/09 wheat pools continues to target sales to key export customers in Japan, South Korea, Indonesia, Malaysia, Sudan, Egypt, Yemen and the Pacific Island markets (New Zealand, Papua New Guinea, New Caledonia, Solomon Islands & Fiji),” Mr Morison said.
“This third distribution represents approximately 30% of estimated pool equity, with some grades a little higher and others lower.
“Combined with the first and second 2008/09 pool payments we have now paid out approximately 76% of the 2008/09 estimated pool equity or $574 million (excl GST) directly to pool participants in the AWB wheat pools,” Mr Morison said.
Estimated returns for AWB’s 2008/09 wheat pools are unchanged, with the EPR for APW at $325 a tonne in the Western Pool and $330 a tonne in the Eastern Pool (FOB, excl GST).
Growers with any queries about their payments should contact the AWB Grower Services Centre on 1800 054 433.
Media Inquiries: Peter McBride, 03 9209 2774 or 0417 662 451
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EASTERN POOL - Estimated Pool Return 2008/09 AWB Pool ($/t FOB, GST exclusive): |
|
|
|
|
|
Pool Pay Grade Base Rate |
Estimated Pool Return |
Change |
|
APH2 (13% protein) |
$350 |
Unchanged |
|
AH1 (13% protein) |
$345 |
Unchanged |
|
AH2 (11.5% protein) |
$340 |
Unchanged |
|
AUH2 (Flat protein) |
$323 |
Unchanged |
|
APW1 (10.5% protein) |
$330 |
Unchanged |
|
ASW1 (Flat protein) |
$315 |
Unchanged |
|
AGP1 (Flat protein) |
$305 |
Unchanged |
|
AUW1 (Flat protein) |
$280 |
Unchanged |
|
HPS1 (Flat protein) |
$300 |
Unchanged |
|
AH9 (Flat protein) |
$255 |
Unchanged |
|
FED1 (Flat protein) |
$242 |
Unchanged |
|
SFW1 (Flat protein) |
$270 |
Unchanged |
|
DR1 (Flat protein) |
$510 |
Unchanged |
|
DR2 (Flat protein) |
$468 |
Unchanged |
|
DR3 (Flat protein) |
$413 |
Unchanged |
|
|
|
|
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EASTERN POOL - Estimated Number Two Pool Return 2008/09 AWB Pool ($/t FOB, GST exclusive): |
|
|
|
|
|
Pool Pay Grade Base Rate |
Estimated Pool Return |
Change |
|
DR1 (Flat protein) |
$455 |
Unchanged |
|
DR2 (Flat protein) |
$430 |
Unchanged |
|
DR3 (Flat protein) |
$375 |
Unchanged |
|
ADRF (Flat protein) |
$250 |
Unchanged |
|
|
|
|
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WESTERN POOL - Estimated Pool Return 2008/09 AWB Pool ($/t FOB, GST exclusive): |
|
|
|
|
|
Pool Pay Grade Base Rate |
Estimated Pool Return |
Change |
|
AH1 (13% protein) |
$341 |
Unchanged |
|
AH2 (11.5% protein) |
$335 |
Unchanged |
|
AUH2 (Flat protein) |
$316 |
Unchanged |
|
APW2 (10% protein) |
$325 |
Unchanged |
|
ANW1 (Flat protein) |
$318 |
Unchanged |
|
ANW2 (Flat protein) |
$303 |
Unchanged |
|
APWT (10% protein) |
$325 |
Unchanged |
|
ASW1 (Flat protein) |
$310 |
Unchanged |
|
AGP1 (Flat protein) |
$300 |
Unchanged |
|
AUW1 (Flat protein) |
$275 |
Unchanged |
|
SFT1 (Flat protein) |
$345 |
Unchanged |
|
FED1 (Flat protein) |
$235 |
Unchanged |
|
DR1 (Flat protein) |
$480 |
Unchanged |
|
DR2 (Flat protein) |
$450 |
Unchanged |
|
DR3 (Flat protein) |
$400 |
Unchanged |
|
|
|
|
|
WESTERN POOL - Estimated Number Two Pool Return 2008/09 AWB Pool ($/t FOB, GST exclusive): |
|
|
|
|
|
Pool Pay Grade Base Rate |
Estimated Pool Return |
Change |
|
ANW1 (Flat protein) |
$302 |
Unchanged |
|
ANW2 (Flat protein) |
$287 |
Unchanged |
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