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 One call to sell grain is peace of mind 

One call to sell grain is peace of mind

12 Jan, 2012 03:00 AM
This article is part of a profile series on Agfarm. To read the other articles in this series click here and here.

NORTH West Victorian graingrower, Aaron Sanderson, will sell about 80 per cent of his crops through Agfarm's broking service and pools this season and can't speak highly enough of the company's new role in grain business.

"They're independent, they check the credentials of every potential buyer on the scene and with one phone call from me they organise the lot," said Mr Sanderson who grows 1800 hectares of lupins, faba beans, field peas, wheat, barley, canola and oats at St Arnuad in the Wimmera.

The Agfarm convert estimated his price premiums secured from buyers by using the broking service and the time he saved not chasing around for sales (and sale payments) had repaid his commission costs "three or four fold".

Mr Sanderson first tested the water with Agfarm four years ago, taking advantage of the Victorian Farmers Federation's offer to connect growers with the non-aligned broking service.

By 2010-11 the company's Bendigo trading office was selling 50pc of his grain and he used its research to check out summer crop options after his property "Bromley Park" was drenched by unseasonally wet conditions early last year.

Although still handling a fifth of his grain sales himself, this season Mr Sanderson also put a big portion of his wheat into Agfarm's Advantage pool, opting for five monthly payments that will reflect market trends from February to June.

"With so much change in the market and so many overseas names coming in I don't think grower loyalty to individual grain buyers - even the traditional names - is so strong nowadays. Grain companies probably aren't so loyal to growers, either.

"I really appreciate having an independent broker bending over backwards to do all the hard work and stay abreast of the market - if you're working alone you've often got so little time to lock in on daily prices before everybody's quotes drop away by 11am."

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Date: Newest first | Oldest first
Yeah Right!! How can this organisation claim to be “Australia’s largest independent grower brokerage service” when

•They are 51% owned by a public company, who is driven by shareholder returns

•Their parent company owns grain storage and milling assets that contradict their claim of “independence”

•They manage a grain pool at up to 3.5% commission, the highest in the industry

•Their staff are paid bonuses to “attract” grain into their pool at twice the commission of a normal cash transaction

Dear Fairfax Media, do yo

Posted by Yeah Right, 12/01/2012 9:02:15 PM
Seems Yeah Right shoud check the facts.

Agfarm is 51% owned by Ruralco, a public company.

Agfarm sells no grain to Ruralco in any capacity, all sales go to the buyers who have the best possible price for our growers.

Agfarm is upfront about our commissions and the Advantage programs charge 2% of the track price (the lowest in the industry) and 1% for brokered tonnes.

The staff at Agfarm are dedicated in ensuring their grower clients get the best possible deals.

Give us a call Yeah Right and we might be able to get a better deal for you as well.

Posted by Agfarmer, 13/01/2012 7:22:24 PM

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ARTICLES
12 January, 2012
POLL
Q: What do you think is the most important big issue confronting farmers at the moment?

Water
(20.1%)

Foreign ownership
(21.2%)

Climate change
(10.6%)

Supermarket prices for farm produce
(43.6%)

Genetically modified crops
(4.6%)

Total Votes: 349
Poll Date: 09 January, 2012

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