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 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: 24 Jun 2022 | PRELIMINARY

Inter-Dealer Brokers (IDBs)

McDonald Pelz IB LLC

Andrew Rechten
+44 2038 765309

Ian Pelz
+1 303 4832835


Ian Hartford
+65 6911 1092


Nick Orssich
+61 2809 42005

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 

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.

For more information, contact:

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