EPR Adjustments for the Deferred Sales Pool

CBH Marketing and Trading has reviewed the current EPRs for the Deferred Sales Pool and has decided that due to prevailing market conditions that it will lower the EPRs for Wheat, Barley, Canola and Lupins however will look to raise the Oats EPR.

The grain corridor in the Black Sea has been renewed for 120 days which has weighed and will continue to weigh on international grain and oilseed prices as further supply is able to be accessed from the Ukrainian and Russian origins. Due to these changes in the international market, the Pools team has decided to remain conservative in their EPR estimates and reduce the EPRs for several commodities.

Wheat Deferred Sales Pool:
A$380 FIS APW1 (-20)

Barley Deferred Sales Pool:
A$300 FIS BFD1 (-20)

Canola Deferred Sales Pool:
A$790 FIS CAN1 (-50)
A$740 FIS CAG1 (-60)

Lupin Deferred Sales Pool:
A$300 FIS (-20)

Oat Deferred Sales Pool:
A$270 FIS (+10)