Our early season pool is open from 17 - 21 July, 2017.
Be in the market throughout the season with Season Starter, AWB’s early season pool.
Season Starter lets growers access wheat pricing opportunities throughout the season. It’s an actively managed program that combines guaranteed minimum returns, flexible finance and payment options, and capped costs.
Put simply, we'll help take care of the marketing, so you can take care of your wheat.Get Started
The weather doesn't care, but we do. In response to customer feedback regarding the current crop conditions caused by the unseasonal weather in many areas, AWB is moving our contracting period. It will now run from 17 – 21 July, 2017 and not 26 - 30 June as published previously. We are optimistic that this delayed timing will give you further clarity on crop production and marketing decisions for this season.
Terms and Conditions, Fees and Charges, Acceptable wheat grades and locations apply. Click here for information on fees and charges
* You may opt out of the guaranteed minimum return and capped cost features.
This chart illustrates per port zone, the average performance over three years of the AWB Season Starter compared to the average cash bid (provided by Profarmer) for a comparable timeframe and highlights the average outperformance for APW1 per port zone.
*Three Year Average APW1 Best Bid Cash Price (port track) and Three Year Average APW1 Season Starter Returns (port zone) are quoted on a port equivalent basis. Average APW1 Season Starter Returns (port zone) are net of management fees, hedging results, operating and administration costs as applicable in each year. 2016/17 APW1 Season Starter Returns (port zone) are current as at 30 May 2017 and remain an estimate as this program is not finalised. The 3 Year Average Season Starter Return (port zone) represents the 14/15 AWB Season Starter APW1 finalised return, the 15/16 AWB Season Starter APW1 finalised return and the 16/17 AWB Season Starter APW1 estimated return, expressed as an average of these returns. An individual grower’s returns would be different from the final Average APW1 Season Starter Return (port zone) dependent on location, grade and finance option. The 3 Year Average Best Bid Cash Price (port track) represents the average multigrade best bid prices (from AWB Season Starter Contracting to 31 December) and APW1 fixed grade best bid prices (January to May) expressed as an average of the 14/15, 15/16 and 16/17 periods. For Queensland, New South Wales, Victoria and South Australian port zones the Average APW1 Best Bid Cash Price includes a storage cost adjustment based on the major Bulk Handling Companies (GrainCorp, Viterra) scheduled monthly storage cost. The storage cost adjustment represents charges that would ordinarily be incurred in holding grain during the period 31 December to 30 June. For Western Australian port zones the Average APW1 Best Bid Cash Price (port track) and APW1 Season Starter return (port zone) represents APW2 for 2014/15 season and APW1 for 2015/16 and 2016/17 season. Western Australian Average APW1 Best Bid Cash Price are quoted Free in Store (FIS). The Average APW1 Best Bid Cash Price data has been sourced from Profarmer and was compiled on 30 May 2017. The APW1 pool return in an individual year may be higher or lower than the average.
AWB gives you the flexibility of choosing the best combination of cash-flow and proceeds to meet your needs.
|Jun 17||Jul 17||Aug 17||Sep 17||Harvest 17||Jan 18||Feb 18||Mar 18||Apr 18||May 18||Jun 18||Jul 18|
|Scheduled Payment||Cumulative %||Harvest Payment||1st Dist.||Final Dist.||Final Dist.|
|Distribution||Cash Flow||40 - 50%||100%|
|Deferred Distribution||Cash Flow||100%|
|Harvest Loan||Cash Flow||85%*||100%|
|Repayment||40% - 50%||100%|
|Flexi Loan||Cash Flow||85%* credit limit available||100%|
|Production Advance**||Cash Flow||$100 / Tonne|
|Proceeds||$100 / Tonne|
|Repayment||$100 / Tonne|
*85% of EPR published at contracting.
** Access to the Production Advance program of up to $100 per tonne, subject to approval, terms and conditions, eligibility criteria and available until 30 November 2017.
Note: Unless otherwise indicated, cash flow percentages reflect cumulative percentage of EPR. Costs are deducted from payments, however timing and percentage deducted per payment is dependent on payment choice. Please use ‘Pool Returns Calculator’ for further detail. Harvest payments and credit limits are available seven business days from delivery.
A choice of payment options with guaranteed payment dates to make it easier to manage cash flow.
|February||Wednesday 28 February 2018|
|June||Friday 29 June 2018|
|July||Friday 13 July 2018|
Our guarantee is for the date of the payment only. To the extent that a payment is not made by the guaranteed time, AWB offers to pay farmers interest at the rate of 18% per annum for each day that the payment is delayed. Payment amounts are estimates only and not guaranteed as we do not want to limit pricing opportunities.
or contact your local office
AWB Queensland 07 4690 1200
The AWB Season Starter™ is an initiative of AWB Harvest Finance Pools Pty Ltd atf 2017/18 AWB Pools Trust ABN 14 391 417 252 (‘AWB’, ‘we’, ‘us’ or ‘our’). Season Starter™ is a committed sub-pool within the 2017/18 AWB Pools Trust. This website contains information of a summary nature about the operation of aspects of the Season Starter™. It does not purport to be comprehensive or complete. Nothing in this website is intended to constitute financial, investment, tax, legal or any other form of advice, recommendation or a representation that any transaction, or otherwise is suitable or appropriate for you. Past performance is not an indication of future performance and nothing in this website should be relied on as a representation as to future matters. Season Starter™ includes the opportunity to apply for the Production Advance program but acceptance into the Season Starter™ does not automatically entitle you to receive the Production Advance. AWB may in its absolute discretion determine to approve or reject a Production Advance application. If you would like further details including the terms and conditions please contact 1800 447 246 or visit www.awb.com.au. The statements contained in this website are accurate as at the date of publication unless otherwise stated and remain subject to change without notice.
® The AWB name and logo are registered trademarks of Cargill Australia Limited ACN 004 684 173. All rights reserved.
™ Season Starter is a trademark of Cargill Australia Limited ACN 004 684 173. All rights reserved.