Financial value of milling Australian wheat

Grist for the mill: demonstrating the financial value of milling Australian wheat

For Asian flour mills, choosing high-quality Australian wheat over lower-quality wheat can sometimes result in significant cost savings, even though Australian wheat might be more expensive per tonne. By making wheat buyers aware of more advanced wheat valuing techniques, they are more likely to select Australian wheat.

This project educates both buyers and sellers of Australian wheat about advanced wheat valuing techniques. We demonstrate how to calculate the true value of wheat lots, considering the superior quality aspects common in Australian wheat such as low screenings, low moisture, and high flour extraction rates. When these qualities are taken into consideration, Australian wheat can be better value.

Completed (as of October 2024)

• We promoted AEGIC’s updated Quantifying the true cost of wheat lots to optimise value for flour mills information package to flour millers at the International Association of Operative Millers (IAOM) Southeast Asia conference in October 2024.

Scheduled (by March 2025)

• By the end of November 2024, we will again update the aforementioned information package with current season information and new technical information.
• Key aspects of how to quantify wheat value will be presented during in-person training courses for Australian grains industry stakeholders in December 2024, with further sessions planned for 2025.

If you would like to know more, please contact us