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ABB Closing 2001-02 Barley Pool
DONALD - May 29/02 - SNS -- The Australian Barley Board is closing its 2001-02 marketing pools for barley effective June 13, generating up to a A$48 per metric ton (MT) final payment to participating growers in South Australia and Victoria.
ABB Managing Director, Michael Iwaniw said the level of the final distribution of funds from the 2000-01 barley pool will put the total price achieved by the pool well above estimates made during that season's harvest.
"The 2000-01 pool has achieved total returns of $185.54 MT for feed and up to $245.10 MT for malting which are both about $30 MT above estimations made in early October 2000," said Iwaniw.
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