Australia’s largest grain co-operative is talking with farmers about establishing a grain handling and storage business on the east coast of Australia.
Based in Western Australia, Co-operative Bulk Handling has been surveying grain growers to gauge interest in co-investment in grain storage and infrastructure.
CBH general manager of operations Colin Tutt says it’s reviewing its existence on the east coast due to frustration with the potential takeover of GrainCorp by Archer Daniels Midland.
“I think the first thing we need to do is have a look at who we can minimise the risks we have with Archer Daniels Midland, and if we can’t do that, then we need to have a look a how we can operate supply chains independently of ADM,” he said.
“We had discussions with groups of growers who are very keen to bring the CBH model to the east coast.
“But there are a lot of other people who don’t want to go down that pathway as well.”
(Source – http://www.blackseagrain.net/novosti/grain-farmer-co-operative-for-eastern-australia)