Greenthorpe farmer, Chris Wills, “Braeside”, is not surprised the Golden Rewards system of wheat quality payments – with prospective $35 a tonne losses – will disappear with market deregulation.
“I expected that would happen. We are going to be subject to a harvest market,” he said.
“But I’ll be interested to see if there is a protein market there.
“I’d assume millers want good protein in their preferred varieties, but will they pay for it?”
Mr Wills, with his 80-year-old father, Ivor, runs a cropping and beef cattle operation on “Braeside” and nearby “Moorouie” on 720 hectares.
They run a crossbred cattle herd of about 600, using Simmental, Murray Grey and Angus bulls, and this year have sown about 400 hectares of wheat, barley, canola and oats.
Ivor Wills (pictured in a crop of Gregory wheat on “Moorouie”) says the crops are looking “pretty good” despite getting less rain than last year.