Spring ahead of the pack with Spring Starter

AWB’s innovative pre-harvest pool.

With harvest just around the corner, Spring Starter offers wheat growers the advantage of entering the market before you even crank up the harvester.

Timed in spring to give Aussie farmers greater confidence in their production yields to forward sell, Spring Starter offers nine months of exposure to the grain market. It’s an actively managed program that combines guaranteed minimum returns and flexible finance and payment options so you can head into harvest with confidence.

Get Started
The AWB Spring Starter performance objective is to outperform the average of the best cash bids for the marketing window.

Select a port zone in the drop down tab to view the corresponding port zone in more detail.

Port Zone:
2016/17 Spring Starter Results - Albany

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Brisbane

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Esperance

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Geelong

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Geraldton

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Gladstone

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Kwinana

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Mackay

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Melbourne

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Newcastle

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Port Adelaide

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Port Giles

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Port Kembla

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Port Lincoln

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Portland

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Thevenard

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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2016/17 Spring Starter Results - Wallaroo

This chart illustrates the 2016/17 Spring Starter Program returns for APW1 and ASW1.*

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* APW1 and ASW1 Cash Bids and the APW1 and ASW1 Average Cash Bids are quoted on a port track basis and a Free In Store (FIS) basis in Western Australia. APW1 and ASW1 Pool Returns are quoted on a port zone equivalent basis. The APW1 and ASW1 Pool Returns are net of management fees, hedging results, operating and administration costs as applicable and are the final returns published on 30 June 2017. An individual grower’s returns may be different from the APW1 and ASW1 Pool Returns dependent on location, grade and finance option. The APW1 and ASW1 Cash bids represent the daily multigrade best bid prices (from the AWB Spring Starter contracting window in September to 31 December 2016) and APW1 and ASW1 fixed grade best bid prices (January to May 2017). The APW1 and ASW1 Average Cash Bid represents the daily multigrade best bid prices (from the AWB Spring Starter contracting window in September to 31 December 2016) and APW1and ASW1 fixed grade best bid prices (January to May 2017) expressed as an average over the period. For Queensland, New South Wales, Victoria and South Australian port zones the APW1 and ASW1 Cash Bids and APW1 and ASW1 Average Cash Bids include 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 1 January to 30 June. All Cash Bid data represents published Profarmer best bid cash data that has been collected and compiled by AWB on 10th August 2017.

Strong performance
Capped site to port costs, click here
Participation in local and global market opportunities until June 2018
Guaranteed payment dates
A guaranteed minimum return set at 85% of the contracting EPR*
Published port-zone returns to reflect your local price
Transparent pricing mandate, click here
Access to the Production Advance Program, click here
Choose from four different cash-flow and payment options
Over 150 years of experience in servicing growers

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.

The flexibility of choosing your own payment option

AWB gives you the flexibility of choosing the best combination of cash-flow and proceeds to meet your needs.

Sep
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Oct
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Scheduled
Payment
Cumulative % Harvest Payment 1st Dist. 2nd Dist. Final
Dist.
Distribution Cash Flow 40 - 50% 100%
Proceeds 100%
Deferred Distribution Cash Flow 100%
Proceeds 100%
Harvest Loan Cash Flow 85%* 100%
Proceeds 100%
Repayment 40% - 50% 100%
Flexi Loan Cash Flow 85%** 100%
Proceeds 100%
Repayment 100%
Production Advance*** Cash Flow $100 / Tonne
Proceeds $100 / Tonne
Repayment Pool payment reduced by $100/Tonne

Note: Unless otherwise indicated, cash flow percentages reflect a cumulative percentage of the EPR. Costs are deducted from payments, however the timing and percentage deducted per payment is dependent on the payment choice. Please use the AWB Estimated Silo Returns Calculator for further detail.

* 85% of EPR published at contracting less site costs paid within 7 business days from delivery.

** 85% of EPR published at contracting less site costs provided as a credit limit available within 7 business days from delivery.

*** Access to the Production Advance program of up to $100 per tonne, subject to approval, terms and conditions and eligibility criteria.


The security of payment dates

Three guaranteed payment dates throughout the year to make it easier to manage cash flow.

Month Distribution Deferred Distribution
February '18 Wednesday 28th February 2018
June '18 Friday 29th June 2018
July '18 Friday 13th 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.

Get Started

Contracting 19 to 23 September 2017.

Contact your AWB Representative today

1800 447 246

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DISCLAIMER:: There may be tax consequences for you in connection with the products. This may include tax being payable on any scheduled payments made to you. The tax treatment and the year in which payments may be included in your income may vary depending on your specific circumstances. The information presented in relation to the products does not constitute tax advice to you. It is very important that you seek professional financial and tax advice in relation to your particular circumstances.

The AWB Spring 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’). Spring 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. Spring Starter™ includes the opportunity to apply for the Production Advance program but acceptance into the Spring 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.

™ Spring Starter is a trademark of Cargill Australia Limited ACN 004 684 173. All rights reserved.