| ||Second distribution from AWB’s Domestic Pools|| ||
AWB Limited will make a second series of distributions from its 2000/2001 Grain Pools on July 10.
The AWB Grain Pools have now distributed half their estimated equity, and are on track to maintain their record as the fastest paying pools in Australia. Growers will receive 30 percent of their Golden Rewards increments and the same percentage of their freight costs deducted from the distribution.
AWB Grain Pools market premium quality wheat and feed grains in Australia’s domestic market, and a range of pulses internationally, including faba beans, lentils, lupins and field peas.
AWB Limited General Manager Grain Trading Peter Geary said the AWB
Grain Pools gave growers a delivery option which tapped in to AWB’s marketing and risk management expertise in the domestic wheat market and export pulse markets.
“AWB’s Grain Pools provide growers with the opportunity to take advantage of post-harvest market moves as well as offering the protection of AWB’s price risk management expertise,” Mr Geary said.
Growers who delivered to the AWB Grain Pools will have the distributions credited against their Harvest Payment accounts.
Please see tables attached.
For more information please contact Paul Ryan, AWB Limited Public Affairs on 0408 347 282