| | Increase for 2003 Pool estimates | | |
(
18/11/2003) |
AWB has increased the majority of new season Estimated Pool Returns (EPRs) this week by $3 - $5 per tonne, capturing strength in the international wheat market, particularly for higher protein wheat.
Estimates for 2003 APW have been increased $5 per tonne, to $218/t (FOB, GST exclusive) as has APH to $239.75/t.
The market for soft wheat types has not been as strong in the past week, and as a result, ASWN has been increased by $3/t to $230/t, and ASF1 by $3 per tonne to $222/t. Durum estimates have remained unchanged.
There has been no change to EPR’s for the 2002 AWB National Pool.
General Manager AWB National Pools, Sarah Scales, said the international wheat market had been supported by ongoing speculation about demand from Europe and Asia, and low global stock levels.
“The further strengthening of the Australian dollar has offset some of the gain in wheat prices in Australian dollar terms, although our strong hedging position is insulating the impact of that movement on the National Pool,” Ms Scales said.
The next Pool revision will be November 24th at 4pm.
Estimated Pool Return 2003 AWB National Pool ($/t FOB, GST exclusive):
Pool Pay Grade Base Rate
|
Estimated Pool Return
|
Change
|
|
APH (13% protein 5% screenings 12.5% moisture)
|
$239.75
|
Up $5
|
|
AH (11.5% protein 5% screenings 12.5% moisture)
|
$227.50
|
Up $5
|
|
APW (10% protein 5% screenings 12.5% moisture)
|
$218.00
|
Up $5
|
|
APWT (10% protein 5% screenings 12.5% moisture)
|
$222.00
|
Up $5
|
|
ASW (10% protein 5% screenings 12.5% moisture)
|
$206.00
|
Up $5
|
|
ASWN (10.5% protein 5% screenings 12.5% moisture)
|
$230.00
|
Up $3
|
|
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)
|
$222.00
|
Up $3
|
|
AUH (11.5% protein 5% screenings 12.5% moisture)
|
$224.50
|
Up $5
|
|
AGP (10% protein 5% screenings 12.5% moisture)
|
$200.00
|
Up $5
|
|
Feed (Flat protein and screenings 12.5% moisture)
|
$173.00
|
Up $5
|
Estimated Pool Return – No.1 2002 AWB National Pool ($/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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