CANBERRA (Dow Jones)--Australian wheat export cash prices updated Thursday by
AWB Ltd., which holds a monopoly on the export of bulk wheat.

  Prices, which the company says are indicative only, are quoted in U.S.
dollars a metric ton, free on board, in Australia's eastern states.

  Grades quoted are Australian Standard White of up to 10% protein, Australian
Hard of 11.5% protein, Prime Hard of 13% protein and Prime Hard of 14% protein.


                   WHEAT CASH                     EXPORT PRICES
Grade         ASW 10%      Hard 11.5%    Prime Hard 13%   Prime Hard 14%
          Jan 11 Jan 10  Jan 11 Jan 10   Jan 11 Jan 10    Jan 11 Jan 10
Jan 07    220.90 220.30  233.60 233.00   237.50 236.90    246.50 245.90
Feb 07    221.70 221.10  235.00 234.40   238.90 238.30    247.90 247.30
Mar 07    222.75 222.90  235.30 234.70   239.20 238.60    248.20 247.60
Apr 07    223.70 224.40  234.40 235.10   238.40 239.10    247.40 248.10
May 07    224.80 225.50  234.80 235.50   239.80 240.50    248.80 249.50
Jun 07    224.10 224.60  234.10 234.60   239.10 239.60    247.60 248.10


  Prices are indicative quotes for Australian Standard White wheat of 10%
protein, basis Chicago wheat futures.

  Quotes for Australian Hard grade of 13% protein, Australian Prime Hard of 13%
protein and Australian Prime Hard of 14% protein are basis Kansas City wheat
futures.

  Quotes are in U.S. cents a bushel, free on board, in Australia's eastern
states.

               ASW 10%        AH 13%         APH 13%        APH 14%
            Jan 11 Jan 10  Jan 11 Jan 10  Jan 11 Jan 10  Jan 11 Jan 10
Jan 07         154 149        166 165        176 175        201 200
Feb 07         156 151        169 168        180 179        204 204
Mar 07         149 143        163 160        174 170        198 195
Apr 07         152 147        161 161        172 171        196 196
May 07         151 149        165 165        178 179        203 203
Jun 07         149 147        163 163        176 176        200 199