December 01, 2010

Grain growers look for help

Australian grain growers, are seeking help as the looming crisis facing the nations grain harvest. Rain bands extending from Queensland to Victoria are expected to cause huge damage to the cereal crops across the eastern grain belt. Which could cost the industry hundreds of millions of dollars in milling quality grain.

The New South Wales Farmers Association (NSWFA) said “we have a natural disaster developing at the moment”, Queensland has already had a lot of downgraded grain, this is a cancer creeping south. Mr Hoskinson of the (NSWFA) said growers were worried weather-damaged grain would be sold at "firesale" levels. "There is no buyer obliged to buy weather-damaged grain any more with the demise of the single desk”. But an AWB spokesman said there was no difficulty selling feed grain internationally. Read more...
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This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.

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