Pool Update

27th Jan 2015

• CBH will close the Barley and Canola Pools on Friday 30th of January. Anyone contracting via a GAC will have 10 days to deliver against that contract.


• At this stage, the Plum Grove Harvest Pool is expected to close on February 6th, should the market fall the pool will close earlier to protect the equity of pool participants.


• The AWB Harvest Pool closed on the 22nd of January.

CBH/ Plum Grove July Contracts

16th Jan 2015

• All CBH contracts, and some Plum Grove contracts require you to notify them by the 31st of January as to what grade you intend to deliver. ie. multi Grade contracts reverted to fixed grade.


• If you deliver two grades you will end up with two contracts.


• If you know what grades you will deliver it may be easiest to notify them now instead of waiting.

Quality Optimisation Cut Off Dates

16th Jan 2015

• The cut off date for Quality Optimisation in the Esperance and Geraldton zones is Friday the 16th of January.


• The cut off date for Kwinana and Albany is the 23rd of January.

2015 Multi Grade Wheat

16th Jan 2015

• ADMs base price for WA new crop wheat contracts has changed to APW1.


• Emerald changed to APW1 last week.


• Most merchants in WA are moving towards APW1 as the base rather than the historical APW2 for new crop wheat contracts.

Glencore 15/16 Delivery Periods

10th Dec 2014

• Glencore delivery periods for 15/16 are:


• Kwi & Ger: 1/11/15-30/11/15.


• Alb & Esp: 15/11/15-15/12/15.


• Contracts outside of this period are $8/t less and can be no later than 31/12/15.