| ||AWB Monounsaturated Sunflower Marketing Opportunity Spring Planting Assistance Program|| ||
AWB today launched its monounsaturated sunflower spring planting assistance program to encourage Australian farmers to grow sunflowers to meet increasing demand for healthy oils resulting from consumers looking to better manage their diets.
AWB’s Scott Whiteman, Business Manager - Specialty Oilseeds, noted that monounsaturated sunflowers are currently in strong demand from a range of domestic and international customers and also offer farmers agronomic advantages.
“AWB expects to be actively buying Australian sunflowers this season to ensure we can meet our strong customer requirements, as Australian oils and oilseeds have an excellent reputation with domestic and international buyers,” Mr Whiteman said.
“We are in the ideal position to offer this unique marketing opportunity for monounsaturated sunflower oils which will be processed at Cargill crush plants and vegetable oil refinery in Australia.
“Currently Australia is a net importer of sunflower oil, with the majority imported from Argentina, and AWB see an opportunity for Australian farmers to play a greater role in the Australian market.
“”In addition to the anticipated market opportunities, farmers might consider rotational benefits of planting sunflowers. Sunflowers are highly suited to no-tillage, can improve the condition of the soil, are seen as an effective break crop for diseases in winter cereals and can present a double cropping opportunity due to the short growing season,” Mr Whiteman said.
The AWB monounsaturated sunflower spring planting assistance program provides farmers the ability to:
- REDUCE their input costs and increase gross margins through a seed rebate of $15 per hectare, which is expected to equal approximately 17% of seed cost
- SECURE a fixed price for 0.5 metric tonne per hectare (or 0.7 metric tonne per hectare on the Liverpool Plains due to reduced production risk) priced any time prior to November 30, 2011
- RETAIN marketing flexibility on all production over the fixed priced tones (0.5 metric tonne per hectare)
- PRICE without wash-out obligation on the fixed price tones(0.5 metric tonne per hectare) (0.7 metric tonne per hectare on Liverpool Plains).
Farmers looking to take advantage of this marketing opportunity should talk to their local AWB representative or call AWB’s farmers services centre on 1800 4GRAIN (1800 447 246).
Contact: Scott Whiteman AWB Business Manager - Specialty Oilseeds on 03 9268 7206 or 0419 734 006