| | Media Release: AWB tops up advances for 2009/10 barley pools | | |
(09/02/2010) |
Growers who utilised AWB’s harvest finance for their 2009/10 barley pool deliveries will receive a top-up payment overnight on Wednesday, 10 February 2010, which will mean they have received 83-84 per cent of the estimated pool return (EPR) across all grades.
The payments will be up to $80 a tonne for malting barley and up to $39 a tonne for feed grades, subject to deduction of a further 20 per cent of site to sea and finance costs.
AWB General Manager Commodities Mitch Morison said AWB’s barley pool was performing well, especially for malting grades, with the large top-up for malting barley reflecting the strong market appreciation captured by the malting pool during harvest.
Media Inquiries: Ian Desborough 03 9209 2335 or 0418 853 881