Commodity Types and Transaction Amounts

You can manage commodity price risk on a number of different commodities.

Broadly, they fit into three categories:

1. Agricultural (Soft) Commodities
2. Base and Precious Metals
3. Oil and Energy

Which commodities can I hedge?

Agricultural - grains (wheat, canola and corn, sorghum and barley), wool, cotton, cattle and sugar

Base Metals - copper, aluminium, zinc, nickel, tin and lead

Precious Metals - gold, silver, platinum, palladium and rhodium

Oil and Energy* - gas oil (diesel), jet fuel, crude oil, fuel oil, propane and mogas

Other commodities may be available on request.

Minimum Transaction Amounts

Agricultural

• Grains metric 100 tonnes (milling wheat, canola, corn, sorghum and feed barley)
• Wool 2,500 kg
• Cotton 100 bales
• Live cattle 5,000 kg dressed weight
• Sugar 100 metric tonnes

Base Metals

• Aluminium, copper, zinc and lead - 25 metric tonnes
• Nickel - 6 metric tonnes
• Tin - 5 metric tonnes

Precious Metals - gold, silver, platinum, palladium and rhodium - 10,000 ozs

Oil and Energy - variable

Other amounts may be available on request.

Important information 
As this information has been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances. View our Financial Services Guide (PDF 59kb).

Base Metals, Precious Metals and Energy are only available to wholesale clients as defined under the Corporations Act 2001.

* Permitted products current as at 14 February 2007 and are subject to change.