THE SPECIALIST

Walgett Special One Co-Operative Ltd.

Phone 02 6828 1228 Fax 02 6828 1249
E-mail: admin@wsoc.com.au
th
13 November 2009

Warehouse to Pool Transfers

If you need to make warehouse transfer to either Harvest Pools or Contract
Managed Pools, please do so ASAP.
We have seen some good hedging and pricing opportunities in the last week, but
are concerned that they may fall away.

If you require assistance to complete your transfers, please don’t wait till Friday
afternoon, as we have been rushed with transfer requests, and it can be difficult to
get them completed in one afternoon.

2008-09 Barley Pool

A payment for the 2008-09 barley pool will be made by 31/12/09.

Revision of Chickpea Pool Prices

Special One Grain have revised their chickpea pool estimate to $430-$450/mt del.
AWB Bellata & Gilgandra.
Differentials for Graincorp are as follows – Bellata ($18.50)
Burren ($29.50)
Cryon ($33.50)
Moree ($23.50)
Goondiwindi ($28.50)

These differentials factor in costs associated with road movement of peas to a

packing house. However, we are currently in negotiations with a number of buyers
to move these peas via rail, in bulk, direct to port which will reduce the actual
costs. If the majority of peas are sold via this avenue, then these cost savings will
be passed onto growers through a reduced differential amount.
Chickpea pricing has as usual been unpredictable with trades at $450/mt del
Narrabri on Monday. This movement was fostered by what appears to be buyers
short covering of positions and also increased buying interest from India due to
local crop concerns. However rain early this week in the major Indian growing
areas reduced local crop concerns temporarily and consequently the price here.
Prices are now $430-$440/mt del Narrabri packer. The volatility of the AUD/USD is
also contributing to price fluctuations and a significant movement in the dollar
should see a corresponding move in chickpea prices.
If you are looking to cash your chickpeas, please call Kim Powell with a firm offer
of fixed tons and your minimum selling $.

Chickpea Logistics
For all you chickpea logistics please contact:
Hadie Murray: Work: 02 68281 228 Home: 02 68961 285 or mob: 0427 955 100
Kim Powell: Work: 02 68 281228 Home office: 02 57111235
Mob: 0458 581228 or home: 02 67964 396
Insurance
Crop Insurance Yield Declarations
If you have insured using an After Harvest Yield Declaration policy please
remember to complete your yield declarations and return them to Tiffany Loeve at
the Moree office, fax 6752 1033.

Under the terms of the policy, yield declarations must be completed and returned
no later than 14 days from the end of harvest.

Please note that you can find our cash prices on our website
www.specialonegrain.com.au .