| ||AWB National Pool closes on East Coast|| ||
AWB today announced it has closed the 2003-04 AWB National Pool for all pay grades in Queensland, NSW and Victoria, at 12 midnight eastern standard time.
Any remaining wheat deliveries from the 2003-04 harvest in those states will now be accepted in the 2004-05 AWB National Pool, which has an Estimated Pool Return for APW of $197/t (FOB, GST exclusive).
General Manager, AWB National Pool Sarah Scales said the 2003-04 Pool, was principally being closed in preparation for the upcoming harvest, and to protect the returns of 2003-04 pool participants.
“AWB will continue to manage and market the 2003-04 AWB National Pool to enhance value for growers who participated in this pool,” said Ms Scales.
“Effective from midnight tonight though, growers with remaining wheat to deliver or new season wheat will be delivering it to the 2004-05 AWB National Pool,“ said Ms Scales.