Burrs under my saddle
Macfarlane was a poor performer in the Liberal Party and not worthy of a cabinet position. Why would he be any better in The Nationals. On the basis of sincerity and loyalty alone, it is Barnaby 8/10 and Macfarlane 1/10. I think the Libs are happy to be rid of him.
D8, what's Austria got to do with CBH?
Anyone naïve enough to think that politics is not deeply engraved into the wheat/grain industry world wide should not show their ignorance here.
The worlds biggest exporter subsidises agricultural producers in the billions of dollars. Yes that is the so called bastion of free trade, the USA.
CBH has nothing on the rest of the fake free trade when it comes to politics.
I think central wheatbelt is holding CBH responsible for matters way outside of their control.
CBH is basically a WA based service provider to the grain industry. Every independent report or study ever done has shown CBH to have out performed all other Australian bulk handlers, in both service and cost.
To suggest the Board has failed growers prosperity is grossly misunderstanding the local and global grain industry.
Your own local growers disagree in all surveys that CBH is to their liking.
I suggest a broader look at your industry central wheatbelt.
When good systems do not deliver, "wheat grower for 53 years", it is caused by either the members who are running it or the members who are running it down. It is usually not the system.
As JFK once said, ask not what your co-op can do for you but what you can do for your co-op!
Emeralds previous owners/management clearly showed growers where they stood in their minds when they pocketed millions by selling out to Sumitomo. If growers had meant anything to Emerald at the time, they would have put those millions towards honouring the pool commitments they made, but dishonoured following their own bad trading decisions.
But this is not new.
Traders are in the game to take margins out between the producer and anyone down stream from them. They are not interested in prices to growers, just margins to their own account. No margin = no interest from traders.
Looks like ADM has finally worked out what an under performing business GrainCorp is!
Having lost control of their supply chain leaves growers much more vulnerable to the market place and while good times mask the impact of loss of control, any downturns can have disastrous consequences.
There is no way of telling what facilities may disappear or what restrictions may appear as changes take place beyond the farm gate.
The experience that Companies look for now at Board level is in how to get more money out of people in the supply chain and in Graincorps case, grain growers are highest on that list of targets? So having knowledge of grain production and supply management is not so important as can be seen by the lack of upgrade attention to storage and handling facilities.
Instead of parliament and authorities attacking our marketing people over their negotiations with overseas buyers, they should attend to the absolute mess they have created in Australia where just lifting a container from our wharves costs 5-10 times more than overseas countries and transport is similarly over priced. All this is because our Governments have allowed Unions to totally destroy our manufacturing industries with penalties, phony rules and anti productive measures. But we would rather destroy the few highly efficient businesses we had.
Read the headline you traders. It says it all. It was put there by the editor not any of the true grain growers commenting here who need no convincing that it is true. We knew it all along.
Correct Jock. Selling what you don't already have is the biggest con ever introduced to farmers.
With little or no hedging opportunities for chick peas out of Australia, forward selling is as risky as betting on rainfall.
What did GGL do to lose $2.7 million in one year?
Under such circumstances, why would members succumb to the existing Board Directors advice on candidates at the upcoming election.
History has given stark evidence of the decline in sustainability of family farmers in industries where single desk marketing is removed. For example at its peak under wheat SD, some 50,000 families were in wheat farming. Since deregulatory changes starting in the 1990's & ending early 2000's that number went down to below half. Much worse happened in Dairy where about 60/70% of family dairy farms went out of business. Similar disasters have happened in coarse grains. Farms bankruptcies are now common place and farmers are carrying all the losses. All this as global food demand surges?
I feel very sorry for the farmers affected.
That company was initially set up and managed by some ex AWB trading division people.
The wheat industry is another farming industry which was flying along supporting over 50,000 family farmers (compared with about 25,000 today) until some political smarties felt a need to abandon all the principles which had made our wheat industry and the Australian Wheat Board an international model the envy of many.
Following the undermining of the AWB pooling starting around 1990 when AWB Trading Division started, we finished up in the chaos we have today.
There is no possible way WA growers could be better off under GrainCorp ownership of CBH.
For more than 50 years CBH has been voted internationally as the best performing grain bulk handler in the world. GrainCorp did such a poor job in its State of NSW that NSW growers and local merchants developed the largest on farm and alternative storage regime in Australia. NSW growers obviously voted GrainCorp as a massive failure by their own actions. Let GC get hold of CBH and growers in WA will be slaughtered in terms of service delivery. It would be a disaster.
If all these FTA's were as good as our Government claims, we would be seeing a lot more families in farming and not the massive decline in numbers of farming families able to make the good living they used to make in the mid to late 1990's.
Wheat growing family farm numbers for example are now about 18-20,000 compared with 50,000 at our peak in 1980/1990's.
Seems like it is good for CBH and WA growers all round that Australia's worst performing bulk handler was unsuccessful in getting a hold of Australia's best bulk handler in the grain industry.
You talk global reality grainer. There are a lot of global realities being overlooked. One is that Australia is far from global reality. We have highly regulated industrial award systems that are totally out of step with lowest production, processing and servicing costs globally. In EU and USA where this exists, growers are assisted to compensate. Elsewhere, except Australia industrial and labour costs are lowest global based. We have the worst of both worlds as producers and our leaders are standing by while the world passes our farming by.
Last week we were told by the leader of Australia's (acclaimed) grain producer group to hold onto our wheat till 2017 "with hopefully better prices". If that is the plan we have to replace our once worlds best wheat marketing arrangements, it is a disgrace.
How any grower could vote for such irresponsible leadership is beyond me.
Not very sound economics or business management for an industry leader to just say, "hang on to your grain now because the price is no better than cost of production and hope for an improvement in 2017".
Remember how that went for the wool industry. The price kept falling for years and wool was far less perishable than wheat, which dies gradually and is also vulnerable to weevil attack and deterioration by moisture and heat.
Holding costs demand higher prices tomorrow. Markets can always get worse you know. Every day you hold your flirt with disaster increases.
Daniel Cooper is misguided but does not fully understand how and this has allowed him to take the wrong road.
I think Long Xuyen is only looking superficially. MG and any other milk processor/marketers in Australia are on a hiding to nothing and none of them are able to win every day or every year in our current globally corrupt market. This year we have seen the Russians withdraw from all its milk contracts with EU in a political dog fight, and China has currently taken Australian milk off its buying list to teach us a lesson over territorial disagreements on islands in the South China Sea. On top of that the globe is awash with milk. Only luck could have saved our milk sellers this year.
In the 1900's the Australian Dairy Industry was in great shape. It had well managed domestic supply contracts which ensured the domestic market was fully supplied at farm gate prices sufficient to keep farms viable, and consumers needs met at very reasonable prices. That left export market and non bottled milk product access to the free will of farmers who wanted to produce whatever milk quantities they chose based on global market prices. Since Government, (urged by Vic farmers), abandoned that orderly arrangement, our local dairy industry has been in the chaos we see today.
Maybe its about time the Nationals unhitched their caravan from the Liberal Party on its current basis and only looked at its relationship at the end of each election?
wtf is spot on. Allowing any foreigner to buy land & assets in Australia is not free trade or investment. It is ownership by foreign sovereign interests. China refuses such ownership to foreigners. They require locals to retain a majority share/control over foreign investor/partners. Why should we treat them or any other foreigners any differently.
One accepted fact is that multinational corporations are able to weigh down their Australian operations with whatever head office fees & charges necessary to avoid tax profits here. Turnbull is now waffling on it but has done nothing.
PM Turnbull says "we cannot afford to risk our economic future by engaging in protectionism". What a hypocrite. Australia has the most protectionist industrial and environmental regulations of any nation in our region and Turnbull has nothing planned to correct that enormous emasculation on Australian businessmen and investors. These protectionist rules, and unfair tax rates compared with OS Companies, have been a major reason why we have not been able to accumulate the cash flow necessary to maintain ownership of our own farms. China's govt partnership with buyers is also very wrong.
Why don't farmers demand cash on delivery from any trader they have no record of performance with?
Why should the farmer always be the one providing credit?
If the trader can't afford to pay on delivery as we do as consumers whenever we buy from a trader or retail store, they should not get the grain from the farmer. If they want credit let them use their credit card to make payment or make arrangements with their bank.
David, we hope now that you have been returned to the Senate, that you will chase out all remnants of schemes wasting our taxes on subsidising green energy schemes now in place, with even greater passion that you have for these shotguns.
I admire the enthusiasm and determination of Rod Culleton. I feel that based on this interview with him he is trying to win the war instead of just fighting one battle at a time.
One Nation got 4 Senators largely on its mantra to protect us from Islamic Terrorism. So first fight that one.
However it is very evident from the 60,000 decline in families owning farms today compared with some 100,000 in the heydays of the 1900's, that farming has been kicked in the guts. So fight that battle too and we will all win. Just don't kill yourself before you start Senator Culleton.
I am in no position to comment on the issues between Culleton and the ANZ or the other farmers mentioned.
It is clear however that the terms of trade for farmers generally has deteriorated dramatically since its "hay days" between 1950 and the 1990's. During that time, we had record numbers of farming families (including some 50,000 growing wheat). Today we have only about 20,000 or so families running wheat farms. That means, earnings that used to be in farming has gone and risks have escalated. Soon families will be gone from farming altogether. nobody in power even cares.
Very novel but very idealistic & provides no answer to feeding the humans of the world or giving a livelihood to farmers & rural industry people.
I wish people like Gisela Kaplan would consider realities.
Millions of urban Australians have either clear felled native flora to establish homes or are living where someone else has.
Obviously no thought or concern was given to the native fauna whose habitats they destroyed. More often than not it is these people who righteously preach to farmers against clearing native flora & looking after native fauna when they took away their homes first.