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 Media Release: AWB 2009/10 barley pools pay out  ( 18/08/2010)

AWB will pay its second distribution to barley growers in its 2009/10 season barley pools overnight on Wednesday, 18 August.

AWB General Manager Commodities, Mitch Morison, said the estimated pool returns (EPRs) for AWB’s 2009/10 barley pools were steady, with the sales program for this grain well advanced.

“Our barley sales and shipping program has developed from early right through to the middle of the year; we have been actively pricing barley into domestic and international markets and are well on track towards completing and finalising the pool,” Mr Morison said.

AWB’s 2009/10 barley pool EPRs are F1 $176/t, F2 $166/t, BA1 $269/t, GA1 $269/t, BU1 $259/t, VL1 $259/t (EPRs are FOB, excl GST).

EPR and distribution details appear below. Growers with any queries about their payments should contact the AWB Grower Services Centre on 1800 054 433.

Grade

August distribution
$ per tonne FOB (excl GST )

(before supply chain costs*)

Cumulative distributions paid
$ per tonne

Current EPR $ per tonne

  FOB (excl GST)

Cumulative % Paid to date

F1

66.88

133.76

176

76%

F2

63.08

126.54

166

76%

BA1

94.15

215.20

269

80%

BU1

90.65

207.20

259

80%

GA1

94.15

215.20

269

80%

VLA1

90.65

207.20

259

80%

*Costs will be 42% of up country, freight and port fees, where applicable.

Media Inquiries:  Ian Desborough  03 9209 2335 or 0418 853 881

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