AWB (International) Limited National Pool Return Estimates are unchanged after today’s review of prices.

AWB (International) Limited General Manager Peter Geary said grain markets were generally quiet over the past week because of the Christmas/New Year holidays and the Ramadan Festival.

“Volume in futures markets has been thin and there was little export business traded over the week,” Mr Geary said.

“Futures markets in the US rallied in the lead-up to Christmas on concerns that cold weather in US Hard Red Winter areas would harm new crop prospects. However, temperatures did not get as low as expected in key areas and as a result markets have eased back over recent days.

“US markets will to respond to weather “scares” over the next few months, however the extent of any damage will not be known until the US spring.”

Golden Rewards matrices reflecting current pool returns are available from AWB’s new poll fax service on 1902 910 020, the Grower Service Centre on 1800 054 433 or from AWB’s website at www.awb.com.au

AWB’s Interest Indicator rate remains unchanged.

For more information please contact Paul Ryan at AWB Limited Public Affairs, (03) 9209 2098 or 0408 347 282.