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 AWB top-up to barley payment 

AWB top-up to barley payment

10 Feb, 2010 03:25 PM
Growers who utilised AWB’s harvest finance for their 2009/10 barley pool deliveries will receive a top-up payment this week, which will mean they have received 83-84 per cent of the estimated pool return (EPR) across all grades.

The payments will be up to $80 a tonne for malting barley and up to $39 a tonne for feed grades, subject to deduction of a further 20 per cent of site to sea and finance costs.

AWB general manager for commodities Mitch Morison said AWB’s barley pool was performing well, especially for malting grades, with the large top-up for malting barley reflecting the strong market appreciation captured by the malting pool during harvest.

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