AWB will be closing their limited tonnage pre-harvest 14/15 Season Starter Wheat Pool today.
The APW2 EPR (Estimated Pool Return) is currently $345 with Pool costs capped at $29.44/tonne.
Payment Option – Distributions (2 of) with timing of them being –
- First distribution to be on 27th Feb 2015 with AWB targetting a 50% distribution.
- Second distribution will be finalised on 31st July 2015.
There is a guaranteed minimum Pool return for this AWB Pool of 85% of the EPR for the relevant grade spread.
For example. the Guaranteed minimum Pool return is $293 for APW2 (85% of $345).
Season Starter Wheat Pool participants can also apply for a Production Advance of $80/tonne to enable them to manage some early season cashflow.
Any questions, please call your GBA broker or the office on 9367 2866.