For over 10 years ASX Grains has been facilitating price discovery and risk management in track markets for Australian wheat, feed barley, sorghum and canola.
ASX Grains futures and options provide hedgers with alternatives to manage price risk, production risk, payment security, to improve hedge correlation, and reduce foreign exchange risk.
Futures contracts are exchange-traded forward contracts that are standardised, centrally cleared and deliverable.
An option is a contract between two parties giving the buyer of the option the right, but not the obligation, to either buy or sell the underlying ASX grain futures contract at a set price, on or before a predetermined date.
|ASX Grains||Grain futures||Grain options|
|Contract specification||Market prices||Charts||Contract specifications||Market prices|
|NSW Wheat||VW futures||VW||VW||VW options||VWO|
|WA Wheat||WK futures||WK||WK||WK options||WKO|
|Eastern Australia Feed Barley||UB futures||UB||UB||UB options||UBO|
|Australian Sorghum||US futures||US||US||US options||USO|
|Eastern Australia Canola||VC futures||VC||VC||VC options||VCO|