The grain trader and agribusiness operator said the amount paid would be after the deduction of supply chain costs, which would total about $14 million.

AWB said the distribution of funds would mean its 2008-09 pools were well over 90 per cent paid out for most grades, while durum grades were 100pc paid.

''We have been able to generate greater value for growers through strong payment performance and by bringing cash flow forward,'' said AWB's general manager of commodities, Mitch Morison.

Payments will be finalised in March, a month ahead of schedule.

The 2009-10 wheat pools are still open for all grades except durum.