Australian Wheat FOB (Platts) Futures

Effective Risk Management Solutions for Australian Wheat Exports

In partnership with S&P Global Platts, CME Group offers Australian Wheat futures (AUW) contracts to complement our existing suite of euro-denominated EU Wheat, Soft Red Winter (SRW), Hard Red Winter (HRW) Wheat and Black Sea Wheat futures contracts.

CBOT Australian Wheat FOB (Platts) futures will allow you to gain or reduce price exposure to Australian wheat exports. The contract is based on the Platts APW Wheat FOB Australia assessment, a daily price assessment of the spot physical price for Australian Premium White (APW) wheat.

Australian Wheat futures will be available to trade on CME Globex and CME ClearPort.

Australian Wheat (AUW) Futures

Clearing Globex ClearPort Product Name Cleared As Volume Open Interest
AUW AUW AUW Australian Wheat FOB (Platts) Futures Futures 0 0
Trade Date: 21 Jul 2017 | FINAL

Inter-Dealer Brokers (IDBs)

INTL FCStone

Brett Cooper
+61 28 094 2000

Starsupply

James McKay
+65 6681 6460

Arnaud Saulais
+41 22365 5501

Key Benefits

  • Financially-settled
  • Spreading opportunities with other CBOT grain and oilseed markets
  • Cross-margining and capital efficiencies through CME Clearing
  • Worldwide access via CME Globex and CME ClearPort 

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About the Platts APW Wheat FOB Australia Assessment

Platts APW Wheat FOB Australia price assessment represents the daily tradable value of Australian Premium White wheat, with a minimum of 10.5% protein (on an 11% moisture basis), a maximum of 12.5% total moisture, a minimum falling number of 300 seconds and a typical flour wet gluten of 24.5%.

Other grades of milling wheat are normalized to APW, making Platts APW wheat assessment a suitable proxy for the whole sector.

Platts APW Wheat FOB Australia predominantly reflects export spot transactions from western and southern Australia, but exports from other Australian locations may be monitored for pricing consistency. The assessment also encompasses trade data from across Asia and the Middle East, with transactions agreed on a CFR basis normalized back to FOB using prevailing spot freight rates.

Read more about APW Wheat futures.

For more information, contact:  agriculture@cmegroup.com.

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