ASX contract port zones are positioned in all key grain hubs in the physical grain market, to support domestic and international delivery of Australian grain.
ASX, in consultation with the grains industry, adapts our delivery process to meet the geographic coverage needs for end customers.
Delivery requirements and locations
ASX Grains futures are deliverable in up-country locations of approved bulk handlers. Ports are not acceptable delivery locations with the exception of WA Wheat (where transfer of virtual entitlement can occur at Kwinana Terminal).
- The Acceptable Delivery Location Guide outlines acceptable requirements and delivery sites for ASX Grain futures. (See 'Important note' below)
- The Grains Maturity Calendar outlines the delivery periods for futures and expiry dates for options as stipulated in the contract specifications.
- The Delivery Procedures lists the procedures for sellers, buyers and clearing participants of ASX Clear (Futures).
- The Futures and Options Exchange Fees schedule notes the ASX 24 fees applicable for trading and delivering ASX Grains futures and options. This does not take into account brokerage fees.
- The Grain Stock Holdings Report notes the stock currently lodged with ASX Clear (Futures). This stock could possibly be used for delivery against open sold positions in the ASX Grains futures market, but is not obligated to be tendered.
Once delivery has occurred how is the price adjusted?
- Tender advice examples - examples of how the ASX price is adjusted and settled for deliveries
- GTA location differentials - details the current differentials used in the calculation of the tender advice
- Grain grower levy obligations - explains the obligation of growers to pay industry levies.
For further information on the conditions which must be met to deliver against ASX Grains futures contracts, click below:
- WA Wheat (WK)
- NSW Wheat (VW)
- Eastern Australia Feed Barley (UB)
- Eastern Australia Canola (VC)
- Australian Sorghum (US)
Exchange for physical trade: an alternative if you don't want to make or take delivery through ASX
Exchange for Physical (EFP) trading provides traders with large hedge positions on ASX with an alternative means to unwind a position in an efficient manner. Rather than make or take delivery, you may be interested in executing an EFP. The EFP is a type of trade that enables large scale hedgers to unwind positions in conjunction with an offsetting physical trade or financial instrument, which are facilitated in accordance with the ASX 24 Operating Rules (4800-04).
Important note about Acceptable Delivery Locations
The Acceptable Delivery Location Guide is a guide only and may change from time to time, in line with GTA amendments or for ASX 24/ASX Clear (Futures) operational reasons. This spreadsheet is not intended to replace the Operating Rules for ASX 24 and ASX Clear (Futures) and the Procedures under those rules. If there is any inconsistency, the respective Operating Rules and the relevant Procedures prevail.
ASX makes no guarantee that the listed sites will receive the specified commodity or grade at harvest. It is meant as a guide only to assist ASX Grains futures deliveries. Segregation availability is dependent on the operational discretion of the managing bulk handler. For clarification of receival intentions and available segregations, please contact your bulk handler area manager.
The content on this page is derived from sources believed to be accurate and current. However, neither ASX nor ASX directors, officers, agents, employees or contractors ("ASX Personnel") give any representation or warranty as to the reliability, accuracy or completeness of the content. Neither ASX nor ASX Personnel shall be liable in any way for any loss or damage, howsoever arising (whether in negligence or otherwise) out of or in connection with the information and/or any omissions from the information, except where liability is made non-excludable by legislation.