One of the key advantages of ASX Grain Futures is that the prices traded on ASX are available to all participants in the industry.
The ASX price is a track price for that particular commodity. When settled the grain is transferred Free In Store at an upcountry location. Western Australia Wheat contracts are settled Free in Store at the applicable Destination Site which may or may not be an upcountry location.
The below links are examples of the Tender Advice notice that you would receive if delivery was made or taken. The Tender Advice shows how the ASX price is adjusted and settled. The attachments are examples only, the GTA Location Differentials and Bulk Handler receival fees used may change from season to season.
- WA Wheat (WK)
- NSW Wheat (VW)
- Eastern Australia Feed Barley (UB)
- Eastern Australia Canola (VC)
- Australian Sorghum (US)