| ||AWB welcomes CBH and Grain Pool merger|| ||
AWB Limited Chief Executive Andrew Lindberg today welcomed news that WA grain growers have supported the proposed merger between Co-operative Bulk Handling Limited (CBH) and The Grain Pool of WA.
Mr Lindberg said the signal from growers that they wanted to move towards closer integration and improved efficiency represented a significant step forward for the WA grain industry.
“AWB has said all along that the Australian grain industry needs to improve its global competitive position, and that integration among the Australian farmer owned and controlled entities is the preferred way of achieving sustained global competitiveness and market access,” Mr Lindberg said.
“As WA’s largest grain exporter, and CBH’s largest customer, AWB looks forward to working with the new merged entity to drive down grain growers’ supply chain costs and improve the market position of WA grains.”
“Ultimately, we think it is only through integration with AWB that WA growers will get the greatest benefit.”
“WA grain growers are some of the strongest supporters of the wheat single desk, and as manager of that, we have an obligation back to those growers to maximise their returns and reduce their costs wherever possible.”
“As growers are the major stakeholders in all our organisations, we would prefer to achieve those objectives through cooperation and integration, rather than competition,” Mr Lindberg said.