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 Final milestone passed on wheat export reforms 

Final milestone passed on wheat export reforms

02 Oct, 2009 10:37 AM
AUSTRALIA'S reformed and fully operational bulk wheat export marketing system has finally taken effect from this week, according to Minister for Agriculture, Tony Burke.

Mr Burke was commenting on the news that the Australian Competition and Consumer Commission (ACCC) had approved the grain port access arrangements of CBH, GrainCorp and Ausbulk (the wholly owned subsidiary of ABB Grain).

It is the final milestone in the delivery of the reforms which will ensure fair access to port infrastructure for all wheat growers and exporters, he says.

Twenty-two companies are now accredited for bulk wheat exports under the reformed system.

“This milestone marks the end of the transition period and the start of the new, fully reformed bulk wheat export marketing system,” Mr Burke says.

“We have officially opened the door to new opportunities for our wheat growers. This will ensure our wheat growers help to meet the global demand for food."

The ACCC said the access arrangements ‘will unlock constraints at grain ports, to the benefit of the overall Australian economy.’

In 2008-09, total Australian wheat exports were around 13.4 million tonnes, worth $5 billion.

According to Wheat Exports Australia, exporters shipped almost 10 million tonnes of Australian wheat to 41 countries between October 2008 and the end of July.

This included countries receiving bulk Australian wheat for the first time in at least four years, including the UK, Spain, Saudi Arabia, Malawi and Tanzania.

Mr Burke today visited CBH’s Geraldton port export facilities, to inspect a $32 million upgrade of the wheat storage silos, and met with local wheat growers.

The upgrade follows a record crop last year for Geraldton wheat growers and the fourth largest on record for Western Australia.

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Date: Newest first | Oldest first
Final milestone, yes, the Australian wheat industry is now officialy a basket case, with the industry handed on a plate to multinationals with producers subordinate to corporates enormous capacity to profiteer at the expence of the industry's dynamic future and producers' profitability
Posted by Ken, 2/10/2009 12:18:44 PM
When will Tony Burke admit that he has been duped and will for ever be recognised as the politician who destroyed Australia's iconic wheat industry? He would be well advised to stop talking up the debacle that we now find ourselves in. Prices are plummeting, growers are under duress and are talking openly of cutting back production. We will put things right when the coalition is next elected -Barnaby Joyce and his National colleagues will see to that.
Posted by Full Profile., 4/10/2009 5:29:49 PM

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Total Votes: 473
Poll Date: 27 September, 2009

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