| | AWB Pool estimates unchanged | | |
(
12/11/2003) |
AWB has made no change to Estimated Pool Returns (EPRs) this week for either the 2002 or 2003 AWB National Pools.
Estimates for 2003 APW remain $213/t (FOB, GST exclusive) and APH to $234.75/t, while durum grade APDR remained at $263/t. For 2002 APW, the EPR remains at $251/t.
General Manager AWB National Pools, Sarah Scales, said US futures had continued their trend of volatility over the past few weeks, but had not shifted significantly since the last Pool update.
“While there has been some market rumours about increased export requirements in Europe, the market appears to be waiting for confirmation and as a result, has not moved significantly over the course of the past few weeks,” Ms Scales said.
“On the currency front we are seeing some pressure from a weakening of the US currency versus the Australian, but our hedging program on both the 2002 and 2003 Pool has allowed us to insulate values from the full impact of that,” Ms Scales said.
From today, AWB will be undertaking pool updates on a weekly basis during the harvest period in an effort to provide growers with clearer price signals. The next Pool revision will be November 17th at 4pm.
AWB Pool Update
Estimated Pool Return 2003 AWB National Pool ($/t FOB, GST exclusive):
Pool Pay Grade Base Rate
|
Estimated Pool Return
|
Change
|
|
APH (13% protein 5% screenings 12.5% moisture)
|
$234.75
|
Unchanged
|
|
AH (11.5% protein 5% screenings 12.5% moisture)
|
$222.50
|
Unchanged
|
|
APW (10% protein 5% screenings 12.5% moisture)
|
$213.00
|
Unchanged
|
|
APWT (10% protein 5% screenings 12.5% moisture)
|
$217.00
|
Unchanged
|
|
ASW (10% protein 5% screenings 12.5% moisture)
|
$201.00
|
Unchanged
|
|
ASWN (10.5% protein 5% screenings 12.5% moisture)
|
$227.00
|
Unchanged
|
|
APDR (13% protein 5% screenings 12.5% moisture)
|
$263.00
|
Unchanged
|
|
AGDR (10% protein 5% screenings 12.5% moisture)
|
$227.00
|
Unchanged
|
|
ASF1 (8.5% protein 5% screenings 12.5% moisture)
|
$219.00
|
Unchanged
|
|
AUH (11.5% protein 5% screenings 12.5% moisture)
|
$219.50
|
Unchanged
|
|
AGP (10% protein 5% screenings 12.5% moisture)
|
$195.00
|
Unchanged
|
|
Feed (Flat protein and screenings 12.5% moisture)
|
$168.00
|
Unchanged
|
Estimated Pool Return – No.1 2002 AWB National Pool ($/t FOB, GST exclusive):
Pay Grade Base Rate
|
Estimated Pool Return
|
Change
|
|
APH (13% protein 5% screenings 12.5% moisture)
|
$290.00
|
Unchanged
|
|
AEH (13% protein, 5% screenings, 12.5% moisture)
|
$286.50
|
Unchanged
|
|
AH (11.5% protein 5% screenings 12.5% moisture)
|
$265.00
|
Unchanged
|
|
APW (10% protein 5% screenings 12.5% moisture)
|
$251.00
|
Unchanged
|
|
APWT (10% protein 5% screenings 12.5% moisture)
|
$255.00
|
Unchanged
|
|
ASW (10% protein 5% screenings 12.5% moisture)
|
$241.00
|
Unchanged
|
|
ASWN (10.5% protein 5% screenings 12.5% moisture)
|
$273.00
|
Unchanged
|
|
AUH (11.5% protein 5% screenings 12.5% moisture)
|
$261.00
|
Unchanged
|
|
ADR1 (13% protein 5% screenings 12.5% moisture)
|
$318.00
|
Unchanged
|
|
ADR2 (11.5% protein 5% screenings 12.5% moisture)
|
$299.00
|
Unchanged
|
|
ADR3 (10% protein 5% screenings 12.5% moisture)
|
$278.00
|
Unchanged
|
|
ASF1 (8.5% protein 5% screenings 12.5% moisture)
|
$269.00
|
Unchanged
|
|
AGP (10% protein 5% screenings 12.5% moisture)
|
$233.00
|
Unchanged
|
|
Feed (Flat protein, screenings and moisture)
|
$230.00
|
Unchanged
|
Estimated Pool Return - No.2 2002 AWB National Pool ($/t FOB, GST exclusive):
Pay Grade Base Rate
|
Estimated Pool Return
|
Change
|
|
APH (13% protein 5% screenings 12.5% moisture)
|
$243.00
|
Unchanged
|
|
AH (11.5% protein 5% screenings 12.5% moisture)
|
$218.00
|
Unchanged
|
|
APW (10% protein 5% screenings 12.5% moisture)
|
$204.00
|
Unchanged
|
|
APWT (10% protein 5% screenings 12.5% moisture)
|
$208.00
|
Unchanged
|
|
ASW (10% protein 5% screenings 12.5% moisture)
|
$192.00
|
Unchanged
|
|
ASWN (10.5% protein 5% screenings 12.5% moisture)
|
$219.00
|
Unchanged
|
|
AUH (11.5% protein 5% screenings 12.5% moisture)
|
$214.00
|
Unchanged
|
|
ADR1 (13% protein 5% screenings 12.5% moisture)
|
$278.00
|
Unchanged
|
|
ADR2 (11.5% protein 5% screenings 12.5% moisture)
|
$259.00
|
Unchanged
|
|
ADR3 (10% protein 5% screenings 12.5% moisture)
|
$238.00
|
Unchanged
|
|
ASF1 (8.5% protein 5% screenings 12.5% moisture)
|
$217.00
|
Unchanged
|
|
AGP (10% protein 5% screenings 12.5% moisture)
|
$184.00
|
Unchanged
|
|
Feed (Flat protein, screenings and moisture)
|
$188.00
|
Unchanged
|
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