| ||Media Release: AWB malt barley holds, feed reduced|| ||
AWB is holding the estimated pool returns (EPRs) for its malting barley pool steady, although EPRs for its feed barley pool have been revised down by $4 a tonne.
AWB General Manager Commodities Mitch Morison said while demand for malting barley is steady, feed barley markets are under increasing pressure.
“Feed grains around the world are well in surplus and recent tender activity has shown that Australian trading companies are taking an aggressive stance and discounting Australian barley to the rest of the world, in turn putting further downwards pressure on domestic barley prices,” Mr Morison said.
AWB’s barley pool EPRs are now: F1 $183/t, F2 $173/t, BA1 $269/t, GA1 $269/t, BU1 $259/t, VL1 $259/t (EPRs are FOB, excl GST).
Media Inquiries: Ian Desborough 03 9209 2335 or 0418 853 881