December 14, 2009

 

AWB holds estimated returns on 2009-10 wheat pools unchanged

 

 

Australian agribusiness and wheat exporter AWB Ltd. Monday held unchanged its estimated returns on collective pooled sales of 2009-10 benchmark Australian Premium White grade wheat.

 

AWB's Western Pool for this grade remains at A$257 (US$234) per tonne, free on board, while its Eastern Pool is steady at A$263 (US$239.3) per tonne, FOB.

 

AWB General Manager Commodities Mitch Morison said in a weekly review of pool estimates that international wheat prices fell somewhat over the past week, while the value of the Australian dollar also lost ground.
   

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