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CBH News 2011 


December

29 DecemberHarvest 2011-12 breaks another record

The 2011-12 harvest has cemented its position as the second largest on record in Western Australia for CBH Group after grain deliveries late yesterday afternoon pushed the state-wide tonnages to 12.65 million tonnes, to surpass the previous record for the second largest harvest set in 2005-06 of 12.5 million tonnes.

The 2003-04 harvest still holds the CBH record for highest grain intake for WA with 14.7 million tonnes delivered.

To date around 92% of WA's estimated tonnages for the 2011-12 harvest have now been received, with more to come to achieve the estimated 13.5 million tonnes.

Earlier this month the Geraldton Zone easily broke through the previous harvest record of 2.6 million tonnes set in 2003-04 with receivals currently sitting on 3.4 million tonnes with around 98% of estimated crop in the bin.

Meanwhile, across the state some 50 sites have broken daily receival records.

CBH General Manager Operations, Colin Tutt said this harvest may be one of the largest on record but it also continues to be one of the most challenging.

"We have seen significant weather delays, quality issues requiring extensive use of Falling Number machines, bins filling and closing and a reduction in the performance of rail moving grain to port," he said.

"Although the harvest has been pleasing from a production [yield] perspective, with low grain prices and deteriorating grain quality due to inclement weather events, there will be growers in some districts struggling to make a profit, which is the disappointing part of such a high production year.

"As we enter the final stages of harvest we continue to urge growers to be patient as many sites will be reaching capacity and we will need to maximise our available storage space to ensure we can get all grain in the bin."

Receivals by zone to date are as follows (all listed as approximates tonnes):

Geraldton                                          3,400,000                      

Kwinana                                            5,860,000

Albany                                                1,960,000

Esperance                                        1,345,000

Total receivals for the state       ~12,650,000

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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20 DecemberCBH Group announces new Director

CBH Group has announced that Trent Bartlett will join its Board as an Independent Director from 28 February 2012. Mr Bartlett will replace Peter Knowles, who has advised he intends to retire as a Director after three years on the Board.

CBH Group Chairman Neil Wandel said the appointment of Mr Bartlett would bring valuable skills and experience to the Board. Mr Bartlett currently holds the position of Chief Executive Officer at Peter Stannard Homes and prior to this was the Chief Executive Officer of Capricorn Society, one of Australia's most successful co-operative enterprises, from 2001 to 2011.

Before that, he held senior executive positions with David Jones Ltd and Target Australia, then part of the Coles Myer Group. Mr Bartlett is also a Director of Kresta Holdings Ltd and Director of Good Samaritan Industries.

Mr Wandel said Mr Bartlett's extensive background in marketing, strategy and leadership, including at the 14,000-member Capricorn Society, positioned him to make a strong contribution to creating and returning value to CBH Group's grower members.

"It is vital CBH maintains a range of relevant expertise among its Directors, in such a challenging, competitive and dynamic environment," Mr Wandel said.

"We are the biggest co-operative in Australia with a turnover, including pool revenue, in excess of $2.8 billion. Trent's experience in senior executive roles and as a Company Director, together with his senior involvement in industry organisations, will complement the skills of our nine member-elected grower Directors and two other independent directors."

Mr Wandel said Mr Knowles would remain an active Board member until his retirement date; however he wished to take this early opportunity to acknowledge the valuable contribution Mr Knowles had made to the CBH Group over the past three years.

"On behalf of my fellow Directors and our grower members, I thank Peter for the valuable role he has played as Chairman of the Investment Committee and the important contribution he has made generally to the Board through his commercial experience and expertise, clarity of thought in decision-making and sound judgement."

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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13 DecemberFreight discount for deliveries to MGC

The CBH Group is offering growers a freight rate discount of $5.00 per tonne for grain delivered direct to the Metro Grain Centre (MGC) facility in Forrestfield during the 2011/12 season.

CBH General Manager Operations Colin Tutt said that given this harvest has been one of the most challenging, it requires diverse ways of ensuring a productive and continual flow of grain to port.

"We have seen significant weather delays, quality issues and diminishing rail performance from QR National especially in the Kwinana zone.  Almost 60,000 tonnes has been stranded through cancelled services since the beginning of November and we are about to see a lot more with the storm activity overnight closing down most of the Kwinana and Albany lines," he said. 

"All of these issues together are culminating in a large quantity of grain remaining upcountry.  We need these tonnes at port.  So by introducing this freight discount we hope to attract grain directly to MGC and ultimately help us get these tonnes to port faster."

Incentivising tonnes to MGC direct offers CBH better results than transporting bulk tonnes from upcountry by road as harvest premiums would apply.  MGC is in close proximity to the Kwinana Terminal and rail performance is far more reliable from the metropolitan facility.

"We are trying to efficiently move grain through the network to keep costs low and services available for growers.  It will take a combined effort this year," said Mr Tutt.

"MGC is a world-class facility.  It's modern equipment and storages give it the capability to receive grain in all weather conditions.  We strongly encourage growers in the Kwinana zone to consider carting directly to MGC if it is viable for them," he said. 

The freight discount will apply to all tonnes that have been delivered to MGC so far this season as well as any delivered for the remainder of the 2011/12 season.

For opening hours and grain receival services, growers can visit the CBH Group website at www.cbh.com.au or contact the Grower Service Centre on 1800 199 083.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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01 DecemberCBH Grain adds $5 per tonne to PNS Segregation

CBH Grain has announced a $5 per tonne increase to the premiums offered for the Western Australian trial PNS segregations as well as a new PNS segregation service opening at Jubuk.

The increase will see PNS segregation at a $15 premium to ANW1.

The PNS segregation is being used by CBH Grain in Japan to promote the acceptance of the new varieties in the marketplace to ensure the continued use of Western Australian noodle wheat in this market.

CBH Grain Marketing Manager Tom Puddy said consistent market feedback is that PNS varieties are the preferred varieties for production of Udon noodles in Japan.

There has also been a decision to close the PNS segregations at Konnongorring due to most deliveries of PNS varieties not making ANW1 specification and being downgraded.

"We understand that there is limited room this harvest and will only keep segregations open if they are needed. In this case we see more value in removing the PNS segregation and allowing more room for off grade stacks," he said.

"In return a decision has been made to open a 5000 tonne segregation at Jubuk as deliveries so far into this site indicate good quality and presence of PNS varieties."

The Bolgart and York PNS segregations will remain open.

Segregations will remain open until filled.

Varieties accepted into the PNS segregation include; Binnu, Fortune and Yandanooka.

 Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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01 DecemberWheat and barley pools open in Eastern Australia

CBH Grain has opened its 2011-2012 Harvest Pools for wheat and barley in Eastern Australia.

CBH Grain's Manager Eastern Australia, Chris Ayers said pools have traditionally played a major role in grain marketing plans over the years and it is anticipated there will be strong support for the No.1 Harvest Pools this season.

"As the only organisation in the Australian grain industry that is 100 per cent owned by growers and focussed on their long term interests, CBH Grain has consistently delivered a strong and reliable performance for growers with our Harvest Pools," he said.

"With time a precious commodity these days, particularly during the busy harvest period, many growers don't have the time to sit down and analyse the markets every day and that's where having reliable experts to manage your grain marketing becomes important. It's no different to the vast majority of Australians who choose a professional investment manager to look after their superannuation portfolio.

"All CBH Grain pools are strategically managed by specialist teams of experienced grain trading professionals with a solid understanding of grower needs and our Harvest Pools have consistently delivered against other competitors' pools and the cash market.

"With more pool options available in the market for growers, we feel that it is extremely important, that growers hold their pool managers accountable for their performance compared with their promises.

"Our specialist team of grain trading and marketing professionals are focused on surveying the market and working with customers to ensure growers receive maximum value for their grain."

Growers wishing to participate in CBH Grain's No.1 Harvest Pools should contact their local CBH Grain Regional Manager or phone our Grower Service Centre on 1800 107 759.

Current EPR's include:

Estimated Pool Return for Wheat No.1 Pool ($/mt)

 

SA*

VIC

NSW

QLD**

APH1

-

-

$350.00

$350.00

APH2

-

-

$345.00

$345.00

H1

$325.00

$320.00

$320.00

$320.00

H2

$315.00

$310.00

$310.00

$310.00

APW1

$275.00

$270.00

$270.00

$270.00

ASW1

$255.00

$250.00

$250.00

$250.00

AGP1

$245.00

$240.00

$240.00

$240.00

FED1

$225.00

$220.00

$220.00

$220.00

* Please note Thevenard is not included in the SA pool

**Please note in QLD the pool is restricted to the Brisbane port zone

 

 

 

 

 

 

 

 

 

 

Estimated Pool Return for Malt Barley (SA only) No.1  Pool ($/mt)

 

 

 

 

GA1

$285.00

 

 

SC1

$265.00

 

 

Zones include Pt Adelaide & Port Lincoln

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Pool Return for Feed Barley (SA only) ($/mt)

 

 

 

 

F1

$245.00

 

 

F2

$240.00

 

 

Zones include Pt Adelaide, Pt Giles, Wallaroo & Pt Lincoln

 

 

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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01 DecemberNominations open for 2012 CBH Member Director Elections

Nominations for the 2012 CBH Group Member Director Elections opened today with three Director positions open for nomination - one in each of the Districts 1, 3 and 5. 

The coming elections will again be conducted by the Western Australian Electoral Commission (WAEC) and eligible candidates will have until 12:00 noon on Friday, 6 January 2012 to lodge their nomination.

If a CBH grower Member has an interest in becoming a Director of the largest co-operative in Australia, they can apply for an information pack and nomination form, from  WAEC Returning Officer, Wayne Nicholson on (08) 9214 0448 or wayne.nicholson@waec.wa.gov.au.

The Directors whose three-year terms will expire at the CBH Group's Annual General Meeting on 28 February 2012 (and who are eligible to stand for re-election) are CBH Chairman Neil Wandel, Rodney Madden and John Hassell.

Candidates are not required to have their main growing interests in the district in which they intend to nominate for election.

Following the close of nominations, subject to receiving more than one nomination for a district, grower Members in that district will be able to vote for candidates and ballots will be counted immediately after the close of poll at 10:00am on Monday, 20 February 2012.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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November

14 NovemberFalling Numbers test adds millions to grain value

Grain growers have already gained $7.5 million of increased value for their crops this harvest due to CBH Group's mobilisation of Falling Number machines to accurately test incoming grain for rain damage.

CBH has deployed more than 80 Falling Number machines to its receival sites in the regions most affected by unseasonal heavy rain and storms since the start of harvest. More than 100 machines will be in use by the peak of the harvest.

Under the official Grains Industry of Western Australia Wheat Receival Standards and the Grain Trade Australia standards used in Eastern Australia any load in which sprouted grain is detected is classified as feed grade unless a Falling Number result is available to override the sprouted grain result. 

Through the use of Falling Number machines, CBH is able to upgrade loads with sprouted grain from Feed to General Purpose or even into milling grades such as APW and H2.

CBH General Manager Operations, Colin Tutt, said load-by-load testing ensures the highest possible classification as the Falling Number result over-rides the visual presence of sprouted grains. It is the only mechanism that allows potential Feed to be upgraded to higher value milling grades. 

"So far CBH has tested 3500 individual loads with an estimated value uplift of $7.5 million," Mr Tutt said.

"Given we are only 10 per cent of the way through the expected harvest, the value of having this service available to growers is very clear."

Mr Tutt said the Falling Number testing takes between 5-10 minutes per load.

"While the extra time can be frustrating at busy receival sites, we ask growers to be patient because it's likely to be worth the wait. It can be the difference between a Feed or higher grade classification.

"Our Falling Number machines are here to create value for our growers and that is exactly what they will be doing this harvest. Our aim is to not have to downgrade any load to feed based on visual sprouted alone, however this will be increasingly difficult as seasonal conditions deteriorate in a number of areas across the state." 

CBH Customer Quality Manager Dr Richard Williams said sprouted grains contained damaged starch and protein components resulting in poor quality end products.

"Bread made from flour with sprouted wheat can have a very dark crust and a sticky interior, or in severe cases the loaf may have a hollow interior," Dr Williams said. "Noodles made from sprouted wheat will be sticky, and in some cases disintegrate during the cooking process."

Dr Williams said CBH's management plan combining load-by-load testing with site monitoring enabled the best possible classification for growers' wheat deliveries while maintaining WA's reputation to supply quality wheat.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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14 NovemberWA wheat destined for Saudi Arabia

The CBH Group today loaded the first shipment of wheat for Saudi Arabia under a pioneering contract agreement which confirms the re-opening of the Saudi wheat market to Western Australian growers.

The cargo is the first of three to be completed in coming months under a global tender won by CBH Grain earlier this year following extensive collaboration with the Department of Agriculture and Food WA to secure access to the Saudi market for WA wheat.

In October last year, an initial single 55,000t shipment became the first bulk cargo of WA wheat to arrive in Saudi Arabia in more than 20 years.

CBH Grain Marketing Manager Tom Puddy said CBH has been working directly with the Grains Silos and Flour Mills Organisation (GSFMO), Saudi Arabia's sole grain importer, since the importer changed its tender specifications in April 2010, enabling WA growers access to the market.

Traditionally, WA wheat was unable to meet the specifications required for wheat imports under the GSFMO's tight tender requirements. The requirements have since changed to include quality specifications such as adjusting protein levels to allow them to be met by WA's APW quality grade and allowing a tolerance for Ergot.

The changes to the tender specifications came after CBH and DAFWA worked closely with Saudi customers to ensure they were confident wheat from WA could meet their milling requirements.

"The aim is to continue to work with the GSFMO in the long term and offer the Saudi market a consistent supply of high quality Western Australian wheat," Mr Puddy said.

"As a grower-owned co-operative, CBH is always looking for opportunities to create and return value to growers. We do not just buy and trade grain. Year-round we work with the industry and customers to create and build long-term markets for WA grain growers and the collaborative work we're undertaking in the Saudi market is an example of this."

Since 2008, Saudi Arabia has purchased 4.1 million tonnes of wheat - most of which is sourced from USA, Canada, Germany, the Black Sea region and now Australia. Wheat imported into the Saudi market is predominantly used for milling into flour, and is then packaged and supplied for use in consumer food products across Saudi Arabia.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820  

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07 NovemberFirst wheat loads optimised under Quality Optimisation

The first loads of wheat blended online by a Western Australian grower under the CBH Group's new Quality Optimisation system has occurred in the Geraldton Zone.

This is the inaugural year of the Quality Optimisation system, designed to provide Western Australian growers with more flexibility and control over their wheat quality.

CBH Grain Quality Manager Mathew Regan said the first blended lot was nominated last week and contained three loads of ASW1 blended with four loads of APW2 to uplift almost 300 tonnes to APW2.

"Through the online tool, LoadNet® Optimiser, this grower has been able to shift their ASW1 grain into APW2 after delivery. The gain is the time saved on farm, at the Receival Point and obviously the spread between the prices for each of those grades," he said. 

"It is literally a drag and drop system, where you highlight loads to blend and see what effect it has on your bottom line. And for this grower it has certainly had a positive effect on their bottom line."

Not all wheat is optimisable under Quality Optimisation and growers should make themselves familiar with some of the eligibility criteria and limits in place this year. 

"We think growers will find Quality Optimisation can save them time on farm at harvest, leaving blending to later and focussing on getting the crop off as quickly as possible when it really counts. And given the adverse weather events over the past few weeks that's never been as important," Mr Regan said.

Growers can manually optimise or let the system automatically calculate a scenario for them based on value or quality. A dedicated Quality Optimisation call centre has been set up for harvest this year to support growers, they can call 1800 199 083 for any assistance they require.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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07 NovemberCBH focuses on road safety

With a big harvest upon us CBH Group is calling for growers, transporters and local rural communities to be patient and stay safe on our roads and be aware of the increase of heavy vehicles on the rural road network.

General Manager Operations Colin Tutt said there will be pressure on the network as growers aim to get their crop in quickly after being delayed to due extreme weather conditions.  As a consequence CBH is encouraging growers to cart local to spread the load across the network and ensure that the harvest can be received as smoothly and efficiently as possible.

"We want a safe harvest for everyone. Patience will be more than a virtue this harvest - it could be the difference between life and death," Mr Tutt said. 

"CBH will again be communicating on a weekly basis over harvest with local Shires to provide details about heavy vehicle movements in their areas, aiming to make country roads safer by building awareness of when trucks will be moving through local communities."

One example of CBH's safety initiatives being run on a local level is the joint partnership with the police, local government and school bus services within Area 4, developed to ensure an increase in awareness of road safety with particular focus on school bus routes.

CBH Area Manager Nicholas Chandler said the initiative, into its third year, was first established after it was thought growers and CBH could contribute to improving the safety associated with school buses during the busy harvest period 

To convey the message nine meetings were held this year, covering 27 receival points across Area 4, which covers the north east section of the Kwinana Zone including Koorda.

"Some 227 growers attended the meetings where we discussed and co-ordinated traffic movements taking into consideration bus timetables and routes," Mr Chandler said.

"Maps of the freight haulage routes and school bus routes will be displayed at sampling sheds and weighbridges to remind carters and local growers where and when buses will be sharing the road."

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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03 NovemberCBH reduces fees at 60 sites

CBH Group will implement an immediate reduction in receival fees of around 10 percent at nearly 60 smaller sites (Tier 2 Sites), helping to boost returns to growers in a year when grain prices have fallen.

CBH General Manager, Operations, Colin Tutt, said the grower co-operative would charge the same receival fee across all sites for the grain harvest now underway in Western Australia.

The additional cost for delivering to Tier 2 sites had been removed saving growers who deliver to those sites $1.10 or $1.15 per tonne.

Mr Tutt said the receival fee across the CBH network would now be $10.50 per tonne for wheat and lupins, $11.75 for barley and oats, $13.70 for field peas, chick peas and faba beans, and $16.70 for canola.

"This will be a high volume year for the CBH storage and handling network with an estimated harvest of more than 12.5 million tonnes, the second biggest on record," Mr Tutt said.  "We need to make best use of our capacity and we don't want growers to be discouraged from delivering to their nearest site because it costs more than one further away.

"Growers in recent times have supported CBH well in low production years when not all sites are open and the Tier 2 pricing arrangements now are not required to challenge directional flows of grain.  Further many smaller sites today are handling specific segregations such as canola which is easing congestion at Primary sites.

"Removing the surcharge at Tier 2 sites will also be of value to growers this year when prices are significantly lower than last year. The rain which has delayed the harvest in some areas to date may also cause some issues with grain quality and result in possible downgrading of grain so we are pleased to do something that will assist our grower members offset some of that revenue reduction."

The CBH Group storage and network has just under 200 receival sites throughout the wheatbelt, of which just under 60 are classed as Tier 2. A full list of sites is available on the CBH website here.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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October

31 OctoberStrong demand for CBH Grain pre-pay option

CBH Grain has received strong demand from Western Australian wheat, canola and barley growers for its new Pre-Pay Advantage product which closed today.

The Pre-Pay Advantage product offers growers cash upfront in return for a commitment of grain, growers can receive funds prior to harvest and decide to sell their grain to pool or cash options at a later date.

CBH Grain Head of Accumulations Richard Simonaitis said Pre-Pay Advantage was trialled last year and there have since been a few changes to simplify and improve the application process.

"A highlight for this year was the introduction of an online application service via LoadNet," Mr Simonaitis said.

He said Pre-Pay Advantage has been well supported and has been of value to growers.

"It was pleasing to see the amount of interest in the product from growers and agricultural industry professionals, together with the positive feedback on the ease of application, processing times and access to funds at a competitive interest rate," Mr Simonaitis said.

"Essentially, Pre-Pay Advantage offers growers an alternative for cash flow requirements in return for commitment of grain, and provides growers with a formal avenue to request and access funds outside of the normal payment schedules offered in existing products.

"Repayments are hassle free as the facility is automatically repaid once grain is nominated to CBH Grain at harvest."

The product offers a competitive interest rate and no application fees apply. Growers will have access to their Pre-Pay facility to use as required up until the 30 April 2012 or until they nominate grain to CBH Grain.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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26 OctoberNiche Hindmarsh barley segregation offered in Esperance Zone

The CBH Group will offer a niche Hindmarsh segregation in the Esperance zone this harvest. The segregation is being offered by CBH Grain and will only be made available at the Esperance terminal.

CBH Grain's Marketing Manager for Barley Rob Dickie said the Hindmarsh variety was granted food grade after it did not achieve malting barley accreditation through Barley Australia. The variety was granted a food grade classification in order for it to be evaluated for shochu in the Japanese market.

"In the testing done to date, Hindmarsh has shown a high yield potential and good grain quality," Mr Dickie said.

"As a grower owned grain marketer, we have always seen one of our key roles as being able to develop these new varieties in the marketplace and we are committed to working with customers to build and develop a market for Hindmarsh going forward."

Mr Dickie said while there is market potential for the Hindmarsh variety in China for brewing and malting purposes and Japan for shochu evaluation, it is still in the very early stages of market development.

"As this is a relatively new variety, we are still in the process of working with our customers to develop the potential for Hindmarsh in the marketplace," Mr Dickie said.

"We are looking to acquire 10,000 tonnes this harvest, which is limited by the small plantings of this newer variety by WA growers.

"We will be offering a pooling option for those growers who wish to deliver to the segregation and the receival standards will be the same as for CBH's Malt 1 classification.

"At this stage, we are offering the same Estimated Price Return (EPR) as for feed barley, and if we can add value to Hindmarsh then there is the potential for upside to the participants of the Pool."

Colin Tutt, General Manager of CBH Operations said that CBH Grain was the first marketer to have a niche segregation for Hindmarsh with the view to exporting it in bulk.

Mr Tutt said it was decided to offer the niche segregation for Hindmarsh after the co-operative listened to growers in the Esperance Zone and the South East Premium Wheat Growers Association (SEPWA).

"As CBH Grain is the only marketer to date providing this opportunity for growers in Esperance, it is important that growers only deliver into the Hindmarsh segregation if they intend to sell to CBH Grain," Mr Tutt said.

"If growers deliver into the segregation and then decide that they don't want to sell to CBH Grain, they will have to lodge a Load Correction Form which will then need to be assessed on its individual merits.

"In this situation, the grower is only entitled to the grade of grain that it would have been stored as if the Hindmarsh segregation didn't exist."

For more information on how to deliver into the Hindmarsh segregation this harvest, contact your local CBH Grain Business Relationship Manager.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

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24 OctoberCBH Grain opens its 2011-2012 Harvest Pools

CBH Grain has opened its Harvest Pools for wheat, barley, canola and lupins in Western Australia for the 2011-2012 harvest.

CBH Grain, Head of Accumulations, Richard Simonaitis said pools have traditionally played a major role in grain marketing plans over the years and CBH Grain's Harvest Pools have always been a consistently well performing and reliable option for growers.

"As the only organisation in the Australian grain industry that is 100 per cent owned by growers and focussed on their long term interests, CBH Grain has consistently delivered a strong and reliable performance for growers with our Harvest Pools," he said.

"Cash flow is no doubt a major factor to consider when marketing grain and that's why we have designed our pools to offer a range of payment options, so that growers can match payments to their individual cash flow and taxation requirements. We offer a competitive interest rate of 7.0% for our Advance and Loan payment options.

"With time a precious commodity these days, particularly during the busy harvest period, many growers don't have the time to sit down and analyse the markets every day and that's where having reliable experts to manage your grain marketing becomes important. It's no different to the vast majority of Australians who choose a professional investment manager to look after their superannuation portfolio.

"All CBH Grain pools are strategically managed by specialist teams of experienced grain trading professionals with a solid understanding of grower needs and our Harvest Pools have consistently delivered against other competitors' pools and the cash market.

"With more pool options available in the market for growers, we feel that it is extremely important, that growers hold their pool managers accountable for their performance compared with their promises."

 CBH Grain 2011-2012 Harvest Pool EPRs

 

EPR 

Advance %

Loan %

Wheat

$300.00

75%

85%

Barley Feed

$260.00

70%

80%

Barley Malt

$320.00

70%

80%

Canola

$580.00

75%

85%

Lupin

$245.00

75%

85%

 

For more information on CBH Grain's Harvest Pools, please contact your local Business Relationship Manager or the Grower Service Centre on 1800 199 083.

Media Contact:Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820  M: 0419 514 728

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20 OctoberCBH granted full membership of Kwinana Industries Council

As part of the CBH Group's commitment to community, the environment and the sustainability of the grains industry in Western Australia, the co-operative will move to full member status of the Kwinana Industries Council (KIC) for the 2011-12 financial year.

The move was approved by the Kwinana Industries Council's board on Wednesday 19 October at the Annual General Meeting.

CBH Group is WA's leading grain storage, handling and marketing organisation and Australia's largest co-operative. Its world class infrastructure, owned by its grower members, includes the Kwinana grain terminal, one of the biggest grain ports in the southern hemisphere and a vital link in the export supply chain for the WA grain industry.

General Manager Grower Services Grant Thompson said CBH saw itself as an important part of the Kwinana community and endorsed the KIC's primary goals of promoting a positive image of Kwinana industries and working towards the long-term viability of industry in the area.

"The CBH Group sees a move to full member status, from our previous associate membership, as a continued demonstration of our commitment and support to both the work and role of the Kwinana Industries Council and to the long term sustainability of the Kwinana Industrial Area," Mr Thompson said.

"This move continues our longstanding position in the area. The CBH terminal employs people from the surrounding suburbs and plays an important economic role year-in-year-out in the state."

KIC director Chris Oughton said he welcomed the decision by CBH to seek full member status, stating its input will add significantly to the ability of KIC to represent the interests of the companies operating in the State's premier industrial area.

"This is an excellent example of a major West Australian business stepping up to the plate to take up an influencing role in the region through its industry association," Mr Oughton said.

Current membership of the KIC is 11 full members, from major industries and 31 associate members covering the support and service sectors.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
11 OctoberCBH upgrades minimum tailgate standards ahead of harvest

In response to the recent serious safety incident at the Esperance Port, CBH Group has reviewed safety procedures of unloading at grids and made important changes to tailgate minimum standards and communication signals ahead of harvest.

Starting this harvest, only air operated tailgates with push button release mechanisms located on the side of the truck will be opened and closed by CBH employees.

CBH General Manager Operations, Colin Tutt said the review heightened awareness of safety issues at the grid and after listening to employee feedback, the decision was made to put safety first and raise tailgate minimum standards.

"We are aware that many growers have worked with CBH to improve the safety standard of their tailgates and all this comes at a cost, nevertheless recent  events have highlighted that the threat to injury is still apparent," Mr Tutt said .  

"We acknowledge that this change is very close to harvest and not ideal timing. However, we hope growers and drivers will understand there are exceptional reasons, that grids are an especially dangerous working environment and our top priority is to keep everyone safe on site. This will enhance the welfare of all during the busy harvest ahead."

Mr Tutt said drivers of trucks that do not meet this new minimum safety standard will be asked by the grid controller to open and close their own tailgate.

Other additions to procedures at grids include: 

  • A consistent set of CBH employee hand signals will be introduced across all CBH receival sites.
  • No vehicle movements will occur until instructed by the nominated CBH Grid Controller (primary person on grid).
  • Once drivers are instructed to move at the grid, they must sound a short horn blast and pause for three seconds before moving their truck.
  • Ensure hand brakes are applied and the vehicle is safely parked prior to leaving any vehicles on the grids.

 

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
11 OctoberHarvest 2011-12 gets underway in Western Australia

The 2011/12 harvest is now  underway with the first delivery of 52 tonnes of canola made to the CBH Group's Geraldton Terminal on Friday, 7 October 2011.

CBH General Manager Operations, Colin Tutt said this season continues to shape up as potentially the second biggest ever in WA, a far cry from last year's well below average harvest.

"There is still a way to go before the crop is in the bin but as long as the rain eases enough for the crop to dry out and the frost holds off, it could certainly be a 12 million tonne-plus crop this year," Mr Tutt said.

"The Geraldton zone continues to look like the standout with conditions on track for a record harvest of around 3 million tonnes. The previous record was set at 2.6 million tonnes for the Geraldton zone set in 2003-04.

"The 2003-04 harvest also holds the CBH record for highest grain intake for WA with 14.7 million tonnes delivered."

The current estimate for this harvest is now just above the 12.5 million tonnes mark with estimates per port zone as follows;

Geraldton             3 million tonnes

Kwinana               5.9 million tonnes

Albany                   2.3 million tonnes

Esperance           1.4 million tonnes

Mr Tutt noted that with an estimated crop as large as this one some logistical challenges are to be expected and growers are being urged to be patient at receival sites to ensure everyone stays safe throughout the busy harvest period.

 Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
10 OctoberCBH Grain strengthens Japan connection

CBH Grain has appointed a dedicated marketing manager in Japan as part of its global growth strategy to ensure long term connections to key customers.

Atsushi Machida has commenced work this week in CBH Grain's Tokyo office in the position of Marketing Manager Japan.

CBH Grain Head of Marketing Tom Puddy said the appointment recognises the importance of the Japanese market which is the most consistent buyer of Australian wheat, barley, lupins, canola, oats and sorghum with CBH Grain annually supplying approximately 1 million tonnes.

"CBH Grain is committed to being the leading supplier of Australian grain to the global market. Our dedicated international marketing team has proven to be successful in linking our long term and target customers to our growers," Mr Puddy said.

Mr Machida has worked for Noble Japan KK since 2004 trading rice, corn, sorghum and cotton seed into the major feed millers and crushing companies within Japan - the same customers CBH Grain is supplying grain products.

Mr Machida has a strong background in sales and trading and places great emphasis on building strong relationships with clients and customers.

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
06 OctoberCBH Grain Canola Pool closes at five year high

CBH Grain has this week completed the final payments to Western Australian growers who delivered into the CBH Grain 2010-11 Canola Pools, including a $98.28 payment to Harvest Pool participants.

CBH Grain Head of Marketing, Tom Puddy said the final Estimated Pool Return (EPR) for the Canola Harvest Pool was $656.28, an impressive $116 above the opening EPR at harvest of $540.

"We are committed to providing growers with realistic and competitive pool estimates which are a genuine reflection of the market," Mr Puddy said.

Mr Puddy indicated that the EPR has been boosted by an exhaustive European selling program on the back of the Renewable Energy Directive (RED), a program which has lead to strong demand for WA Canola.

"This pool return is the direct result of efforts by the CBH Grain team to pro-actively market WA Canola into premium markets," he said.

"CBH Grain was the first WA marketer to gain accreditation to supply canola to Europe under the International Sustainability and Carbon Certification (ISCC) program. This cleared a significant market access hurdle, forcing others in the market here to follow suit.

"The Pool Management team was also able to capitalise on this hard work by prudently managing the pool to close at a five year high."

Mr Puddy also stressed the importance of the CBH Group's world-class storage and handling network. 

"The ability of CBH Operations to effectively segregate non-GM Canola has allowed marketers to sell into the premium European market with confidence," he said.

CAN1

Final Payment

Final EPR

Harvest Pool

$98.28

$656.28

Pre-Harvest Pool

 $89.02

 $588.52

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]

September

29 SeptemberACCC decision paves way for port access arrangements

The CBH Group has welcomed the announcement today by the Australian Competition and Consumer Commission (ACCC) regarding access arrangements at its port terminals in Western Australia.

In its decision the ACCC commented that it considers CBH's current access arrangements to have successfully allowed access to the co-operative's port terminal services by wheat exporters and that it is appropriate for those existing arrangements to continue.

The ACCC also acknowledged that the existing auction system for allocating capacity at CBH ports has promoted competition amongst wheat exporters in Western Australia, which has benefited farmers and the export industry.

CBH has agreed to continue with its existing auction arrangements after the ACCC raised concerns about a two-tiered capacity allocation scheme. CBH also welcomed the ACCC's acknowledgement that the option remains open for CBH to provide further information to ease the ACCC's concerns about the baseload port capacity allocation system proposed by CBH in its original undertaking proposal.

The accepted undertaking applies from October 2011 to September 2014.

CBH is looking forward to now focussing on the upcoming harvest and providing great services and value to our growers across the supply chain.

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
29 September2012 CBH Nuffield Scholarship awarded

CBH Group congratulates Kelly Manton-Pearce from Yealering who has been selected by Nuffield Australia as the 2012 CBH-CSBP Nuffield Scholar.

CBH's sponsorship will contribute to Kelly being able to study overseas and explore the latest advances in agriculture, improve her management skills and expand her personal horizons.

There were 21 Nuffield Scholarships awarded last weekend across a variety of industries.

Kelly plans to use her scholarship to investigate the supply-demand balance for the Australian sheep industry and how sheep farmers should respond to the growing demand for a high-quality retail-ready lamb product.

With her husband Alan, Kelly runs a 1800 hectare cropping and sheep farm. They run a Border Leicester stud and this year they seeded 1500 hectares to wheat, lupins, canola (including GM) and barley as well as producing export hay.

CBH Group Chief Executive Andy Crane said the co-operative's sponsorship of the Nuffield Scholarship program recognised CBH's long partnership with rural communities and its commitment to improving skills, knowledge, leadership and productivity in agriculture to ensure the industry remains competitive and sustainable.

"We are proud to be associated with the Nuffield Scholarship program which is a highly respected and practical initiative which promotes leadership and technology advances," Dr Crane said. "It also has a flow on effect to others in the industry and benefits the whole community."

Over the next 12 months the Nuffield scholars will participate in a six-week Global Focus Program (GFP) touring the world's agricultural powerhouses. Scholars will then undertake their individual research topics with a further 10 weeks of international travel, during which time they are encouraged to bring home knowledge from the world's best and brightest.

"We wish Kelly and the other Nuffield scholars all the best in their studies and future careers," Dr Crane said.

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
28 SeptemberCBH Group welcomes wheat export marketing reforms

The CBH Group has welcomed the Federal Government's response to the Productivity Commission's recommendations regarding the wheat export market arrangements.

CBH Group Chief Executive Officer, Dr Andrew Crane, said it supported the Federal Government's decision to fully deregulate the wheat export market, reducing the cost of existing compliance requirements that provided little or no additional protection for growers over existing legislation.

"CBH strongly agrees with the Minister for Agriculture, Fisheries and Forestry, Senator Joe Ludwig that the transition to a fully deregulated market in bulk wheat exports will improve future wheat marketing arrangements and reduce costs to growers and exporters," Dr Crane said.

"It is our view that the Government's phased approach to full deregulation could be done more quickly, with both the abolition of Wheat Exports Australia and the removal of a separate port access test for bulk handlers occurring from 30 September, 2011 rather than in 2012 and 2014 respectively.

"However, CBH welcome the certainty that the announcement of the Government's decision and timetable provides to the industry and the recognition by the Government that general competition law is ultimately adequate to protect the industry against anti-competitive behaviour."

"We also welcome the Government's acknowledgement that a 'lighter touch' accreditation scheme should apply from 1 October 2011 to 30 September 2012 leading up to the abolition of the WEA."

Dr Crane said CBH looked forward to working with the Government and the Opposition to ensure a smooth and timely transition of the recommendations through the Parliament.

"The grains industry needs legislative certainty to provide ongoing confidence in export market development and a solid basis for continued infrastructure investment in the industry," Dr Crane said.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
21 SeptemberCBH Grain oat growers receive an additional $11.75 per tonne

Growers selling oats to CBH Grain during the upcoming 2011-12 season will receive an additional payment of $11.75 per tonne above their contracted price for OAT1, OAT2 and WAN1. This additional payment equates to Co-operative Bulk Handling Limited's receival fee for oats.

CBH Grain, Head of Accumulations, Richard Simonaitis said this initiative aims to support loyal Western Australian oat growers, reduce the downward production trend of oats and to assist in meeting the increasing demand for WA oats in the international marketplace.

"One of CBH Grain's key functions as a grower-owned marketer is to provide clear market signals back to growers.  Declining oat production in WA and other origins such as Canada, coupled with the increasing oat consumption in developing markets like China, has lead to a historically tight worldwide supply of oats," he said.

"Having a tight supply is supportive for oat values and an excellent situation that WA oat growers should take full advantage of. 

"It was a tough year last year for oat production.  Our multi-origin sourcing capability enabled us to continue supplying key end users, however the message from the market was clear that CBH Grain customers prefer the supply of WA oats due to their quality. 

"We want to do everything possible to support the continued production of oats here in WA for the benefit of both our growers and customers."

The CBH Grain payment of  $11.75 per tonne will signal to growers that the competitive marketing environment for oats in WA needs to meet market demands, that the production of oats in WA are important to our valued overseas customers.

CBH Grain is committed to ensuring that WA oat growers and industry are able to meet the challenges and expectations of the market through investing in, promoting and supporting the WA oat industry by working together with industry to progress projects with commercial significance and value.

Growers, who have already contracted oats to CBH Grain, including Priority Oat Growers, and growers who their sell oats to CBH Grain this season will receive the additional payment with their grain payment.

For more information on marketing oats and the additional payment offered by CBH Grain, please contact your local Business Relationship Manager or the Grower Service Centre on 1800 199 083.

 Media Contact: Claire Armstrong

Media Advisor, CBH Group

Ph: (08) 9237 9820

M: 0419 514 728

[Close]
08 SeptemberCBH Group trains have names

The CBH Group has selected the winning train names for the new fleet of locomotives after receiving around 350 entries in the recent naming competition.

The theme of the competition was 'Iconic Western Australian'  looking for names that evoke a sense of Western Australia agriculture.

General Manager of Operations Colin Tutt said it was pleasing to see so many entries into the competition and the many initiative ideas for names. 

"There were more entries than we ever expected and they covered a broad spectrum of topics including political figures, sporting legends, CBH and the grains industry history, flora, fauna, tourist locations and indigenous culture.  But a central theme had evolved from entries, names taken from old rail sidings from around the state," he said.

The winning names were Yilliminning entered in by Andrew Borthwick; Mooterdine entered in by Kelvin Price; and Baandee entered in by Mark Smith.

"We selected three grower entries and two CBH staff member entries from the submissions, the remainder of the fleet were named to fit the theme," he said

"Many of these old rail sidings are now abandoned; nevertheless they are an important part of the early rail expansion in WA," Mr Tutt said.

"In moving forward to a modern and sustainable rail future, we can now remember and pay tribute to the history that gave us the opportunity to build such a globally competitive grain industry."

Last year, CBH purchased 22 locomotives as part of its investment of up to $175 million in rolling stock and its new partnership with above-rail operator Watco.

"We are purchasing the trains on behalf of the growers of Western Australia to make moving grain by rail more efficient and build a sustainable future for rail in WA," he said.

The winners of the competition will be invited to attend the unveiling of the new fleet when they arrive in Perth in 2012.

The names of the new locomotives will be:

*Yilliminning

 

Kulyaling

 

Pantapin

 

Tenindewa

 

Moojebing

 

*Mooterdine

 

Kokardine

 

Piesseville

 

Irwin

 

Neendaling

 

*Baandee

 

Elabbin

 

Walgoolan

 

Yandanooka

 

 

*Benjaberring

 

Erikin

 

Norpa

 

Chinocup

 

*Yelbeni

 

Mandiga

 

Nanson

 

Lake Biddy

 

 *These names were derived from the train naming competition.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
05 SeptemberCBH tells Senate Inquiry of benefits since deregulation

Last week the CBH Group informed the Senate Rural Affairs and Transport Committee Inquiry on Operational Issues in Export Grain Networks about the efficiencies and benefits created since the deregulation of the wheat industry.

The enquiry was established following difficulties that occurred during the last harvest on Australia's east coast.

CBH Group Chief Executive Officer, Dr Andrew Crane, spoke on behalf of the cooperative's 4,700 Western Australian grain grower's members and indicated that the CBH Group had made a number of innovative changes to its operations that have benefited growers significantly since the partial deregulation of wheat marketing arrangements were introduced in 2008.

Dr Crane informed Senators that the WA grain market was virtually totally dependent on the export market and as such CBH had focused every effort on ensuring that its storage, handling and port operations continued to improve and provide services that were the most efficient and economic in Australia.

The introduction in 2008 of the Grain Express system had through aggregation of the freight task enabled freight rates to be driven down as well as achieving further efficiencies in the storage and handling system both upcountry and at port.

In addition Grain Express had facilitated a massive increase in the range of marketing options and participants that offered product to WA grain growers - all available online and across our nearly 200 grain receival sites throughout the wheatbelt.

Port operations had also been upgraded through the introduction of an independent shipping slot auction system which allows the market in a fair and equitable manner to efficiently allocate a key export resource.

Investments in rail equipment had also been possible with CBH to take delivery of Australia's most modern dedicated grain rail fleet from mid 2012 which will greatly improve grain delivery to port.

Much progress has been made since 2008 however care must be taken not to drive up costs through over regulating the industry. 

"Protecting growers' interests should not be confused with the introduction of regulation that leaves them worse off.  We are already operating in an extensive legislative framework that provides adequate protection for industry participants; further regulation will be burdensome and add costs to the increasing compliance we already undertake," Dr Crane said.

The CBH submission to the enquiry urged Senators to take notice of the Productivity Commission report released in July 2010 which recommended a gradual removal of temporary measures introduced to 'cushion' deregulation.

"The Wheat Exports Australia's role is coming to the end of its lifecycle and as an industry it is important we reduce unnecessary oversight costs and regulation and instead become self regulating through industry bodies and voluntary codes of conduct,," he said.

Dr Crane said legislators must be also be careful not to disadvantage Australian growers against other export origins, which could result in increased costs, loss of efficiency and loss of innovation.

"A number of the newer entrants to the Australian grains industry  were global, vertically integrated marketers, handlers and processors.  Further regulation of Australian players potentially means we remain at a sub-competitive scale whilst favouring those already integrated at a global level, particularly for WA where we rely heavily on the export market," Dr Crane said.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
01 SeptemberCBH pleased with Tier 3 line extension

The CBH Group has welcomed the announcement today by the State Transport Minister Troy Buswell of a possible one year extension of the operational life of selected Tier 3 rail lines.

CBH Group General Manager of Operations Colin Tutt said with an expected record breaking harvest this year, translating to an anticipated 2 million tonnes of grain to be transported along Tier 3 lines the announcement is timely and appreciated.

"We are pleased Mr Buswell and the State Government have considered the upcoming bumper harvest and the impact the closure of Tier 3 rail lines will have on the number of heavy vehicles on the road network that has not yet been upgraded," Mr Tutt said.

"It would be a sensible decision on the part of the Minister to reactivate the Tier 3 rail lines to protect the road network from probable costly damage and also to better manage the 2011-12 grain harvest."

Mr Tutt said the challenge now is for CBH and growers to utilise those lines and demonstrate their support for their continuing operation.

"We are glad to have the opportunity to demonstrate how the Tier 3 lines can be used efficiently and effectively and by mid-2012 CBH will have new rolling stock and above rail operations in place which will provide improved efficiencies and cost competitiveness across the grain rail network including of course the Tier 3," Mr Tutt said.

Mr Tutt said CBH looks forward to working through the details with the Department of Transport to ensure the rail lines do re-open and working with Brookfield Rail in managing the reintegration of the lines ready for harvest.

"We will do everything in our power to ensure these lines are operational for the upcoming harvest and working to provide a safer and more efficient system for our growers to transport their grain to port."

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]

August

29 AugustMaking the most of your wheat

This harvest will mark the inaugural year of CBH Group's Quality Optimisation system, designed to provide Western Australian growers with more flexibility and control over their wheat.

The system allows growers to individually optimise by blending loads of wheat online through LoadNet® after delivery.

CBH Quality Manager Mathew Regan said that blending is now as easy as dragging and dropping loads with a computer mouse.

"The system is ready to go and has proven to be simple to use.  It is literally a drag and drop system, where you highlight loads to blend and see what affect it has on your bottom line," he said.

"You can manually optimise or let the system automatically calculate a scenario for you based on value or quality.  We think growers will find it can save them time on farm at harvest, leaving blending to later and focussing on getting the crop off as quickly as possible when it really counts."

Not all wheat is optimisable under Quality Optimisation and growers should make themselves familiar with some of the eligibility criteria and limits in place this year. 

These limits help CBH to manage the risk associated with introducing a 'grower averaging' system by giving it the knowledge and ability to match physical grain to what has been blended virtually.

"Growers should not feel alone or afraid of this technology.  We have loads of support available, from information packs to face-to-face workshops," said Mr Regan. 

"There will also be a dedicated Quality Optimisation call centre set up for harvest this year to make sure we can help growers through this exciting transition."

Workshops will be run throughout September around Western Australia for growers to learn how to use the LoadNet® Optimiser and make the most of their wheat this harvest.

To book your spot please contact the Grower Service Centre on 1800 199 083 as spaces are limited.

 

Date

Town

Thursday 8 Sept

Lake Grace

Monday 12 Sept

Esperance

Monday 12 Sept

Northampton

Tuesday 13 Sept

Grass Patch

Tuesday 13 Sept

Geraldton

Wed 14 Sept

Ravensthorpe

Wed 14 Sept

Morawa

Thursday 15 Sept

Cascade

Thursday 15 Sept

Mingenew

Friday 16 Sept

Lake King

Friday 16 Sept

Carnamah

Tuesday 20 Sept

Dalwallinu

Tuesday 20 Sept

Brookton

Tuesday 20 Sept

Cunderdin

Wed 21 Sept

Moora

Wed 21 Sept

Corrigin

Wed 21 Sept

Mukinbudin

Thurs 22 Sept

Wongan Hills

Thurs 22 Sept

Narrogin

Thurs 22 Sept

Merredin

Friday 23 Sept

Beacon

Friday 23 Sept

Hyden

Friday 23 Sept

Southern Cross

Tuesday 27 Sept

Wagin

Tuesday 27 Sept

Wellstead

Wed 28 Sept

Katanning

Wed 28 Sept

Borden

Thurs 29 Sept

Cranbrook

Thurs 29 Sept

Jerramungup

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
24 AugustCBH Group responds to ACCC draft port access decision

CBH Group has received the draft decision published by the Australian Competition and Consumer Commission (ACCC) regarding access arrangements at its port terminals in Western Australia after 30 September 2011.

The draft decision is in response to a proposed undertaking submitted by CBH in March 2011.

The ACCC has not yet made a final decision on whether to accept the proposal. However the ACCC's preliminary view is that the existing arrangements, including the current auction system, should be retained.

The ACCC was also of the preliminary view that if the revised draft undertaking provided by CBH in August was submitted, it would accept the undertaking. The revised undertaking retained the existing auction system and addressed other issues identified by the ACCC in the original proposal.

CBH will examine the matters raised by the ACCC in its latest statement and will work with the Commission to finalise the arrangements in a timely manner before 30 September 2011.

It also welcomes the ACCC's acknowledgement that the option remains open for CBH to provide further information to ease the ACCC's concerns about the baseload port capacity allocation system proposed by CBH in its original undertaking proposal.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820 / 0419 514 728         

[Close]
23 AugustCBH announces winners in 2011 photo competition

The CBH Group has named the winners of its 11th annual photographic competition from a strong field of almost 150 entries.

Professional photographer, Gary Peters, Countryman Chief of Staff Lara Ladyman and keen amateur photographer, CBH Group General Manager Operations, Colin Tutt judged the competition last week.

The judges selected 15 winners from the categories: CBH Group Members; Rural Residents; Children up to 15 years; CBH Group Staff Members and; Eastern Australian growers.

Dani McCreery of Kalannie was awarded overall winner for her photo in the CBH Group Member category which depicted her young sons attempting to 'jump over the sun'.

The judging panel noted Ms McCreery's photo was a clear demonstration of movement and life and captured childhood innocence and playfulness in an intriguing setting backlit by an inspiring skyscape.

Mr Peters said each category had its standouts but the category winners had that something extra.

"The digital revolution has opened the world of photography to enable even amateurs to capture great images and provided the tools of experimentation to enhance the creativity of more serious photographers," Mr Peters said.

"Some people have a natural eye for balance and composition and many entries clearly demonstrated the ability to manipulate these elements to produce visually appealing photographs.

"As was the case with Ms McCreery's winning entry, we noticed a common theme this year with many images featuring people, working and living on the land, captured in dramatic lighting and picturesque locations.

"Many of the entries were taken with theme of the competition in mind, Co-operation: Together we are stronger, in particular Jo Ashworth's image of a father helping his son climb over a fence with the caption 'So many tasks are easier with co-operation' and Debbie Cristinelli's work of a father and daughter walking hand in hand to check sheep in a paddock were both standouts in the CBH Group Member category."

The judges noted Merv French of Northam's winning entry in the Rural Community Residents category was a unique capture of wheels in motion and was a clear demonstration of a photographer thinking outside the square to offer a different view of an otherwise ordinary object.

The winning entries will be on display at the CBH Group marquee at the upcoming Dowerin, Newdegate and Mingenew Field Days. Visitors to the CBH marquee at Dowerin will be able to view a slideshow of all entries and have the opportunity to vote for their personal favourite in the Countryman People's Choice Award.

Alternatively you can vote for your favourite photo by logging on to www.countryman.com.au and selecting your favourite photo. The Countryman People's Choice Award winner will be announced in September.

Click here to view the winning entries.

Category

Name

Location

Overall winner

Dani McCreery

Kalannie

CBH Group Members

Debbie Cristinelli

Jordan McAlpine

Dani McCreery

Debbie Cristinelli

Christine Bairstow

Jo Ashworth

Tambellup

Badgingarra

Kalannie

Tambellup

Dumbleyung

Kalannie

Eastern Australian Grain Growers

Ian and Jacki Wedding

David Brunton

Pinery, SA

Hobart, TAS

Rural Community Residents

Merv French

Lorraine Major

Northam

Esperance

Children up to 15 years

Lucinda Lefroy

Richard Leake

Moora

Pingelly

CBH Group Employees

Don Main

Nicole Argent

Avon

Lake Grace

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Media Contact:Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
10 AugustCanola spillage near Narrakine

There was an incident yesterday involving a truck losing a portion of its canola load on Albany Highway near Narrakine.  Fortunately no one was injured in the incident.

The truck driver acted immediately to stop the vehicle, after a fire broke out in the undercarriage, to prevent any further damage to the truck and unnecessary spillage. 

The fire melted a hole in the bottom of the aluminium trailer where approximately 15 tonnes of GM variety canola spilled in an isolated area around the truck.  All appropriate protocols have been followed to remove the grain and prevent any contamination in the safest manner possible. 

The CBH Group deployed a crew immediately to fully assess the risk and assist with the clean up. A professional waste removal company were engaged to manage the task.

The canola as well as gravel and top soil from the surrounding area were removed by early evening. The site clean-up will continue today to ensure the risk of contamination is mitigated.

CBH will work with the Department of Agriculture and Food to monitor to surrounding areas for 6-8 weeks.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
09 AugustCBH almost doubles storage capacity at Munglinup

The CBH Group has completed a major $15 million upgrade of its Munglinup receival site, 112kms west of Esperance Port, near doubling the site's storage capacity ahead of the 2011-12 harvest.

The upgrade, which will be officially opened today, involved the construction of a new 60,000 tonne sealed R type storage facility and the addition of two 30,000 tonne open bulkheads, bringing the storage capacity at the site to almost 260,000 tonnes.

The previous total capacity of Munglinup was 138,000 tonnes.

CBH Group Esperance Zone Manager Mick Daw said with some 94,000 tonnes now undercover, Munglinup has the capacity to store significantly more high-value canola under the best conditions.

The upgrade also gives the Esperance Zone the ability to offer more segregation flexibility which supports initiatives like Quality Optimisation and the introduction of GM canola.

"With Munglinup a key site for us in the Esperance Zone, now consistently receiving 90-100,000 tonnes and growing demand for more segregations, it made sense to spend the time and money now to ensure our growers have the services they need in the future," Mr Daw said.

"The increase in undercover storage means the canola will be protected and maintain the highest market value possible."

CBH Group Chief Executive Officer, Dr Andrew Crane, said the Munglinup upgrade reflected the grower-owned co-operative's commitment to reinvest a significant proportion of its surpluses in maintaining an efficient world-class storage and handling system for Western Australian growers.

"Our members have told us they consider the value we return to them through the provision of an efficient yet low cost storage and handling is one of their highest priorities," Dr Crane said.

Construction of the Munglinup upgrade was undertaken by a collaborative team of representatives from CBH Group's Operations and Engineering departments and kicked off in April 2010.

A number of construction innovations were used on the project including the first time CBH had used a deep compaction and ground improvement system to prepare the building area.

The roof steelwork was modelled in a 3D drafting package, potentially saving many labour hours on site in design errors and rework.

The bulkheads were completed in time for the 2010 harvest and the R type sealed storage will be ready to accept the 2011 harvest.

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820                

[Close]
02 AugustCBH Grain expands marketing presence in South East Asia

CBH Grain has expanded its presence across the South East Asia region by appointing a dedicated marketing manager to service the consistent and growing demand for milling and feed grain.

Leith Teakle will move into the newly created position of Regional Marketing Manager - South East Asia.

Mr Teakle held the position of Export Container Marketing Manager from 2009-2011, marketing grain in containers to all international markets.

He was the Western Australian Domestic Marketing Manager from 2007-2009 and started work at the CBH Metro Grain Centre in operations and logistics in 2003.

Mr Teakle will continue to work from CBH Grain's head office in Perth, Western Australia, commuting regularly across the region connecting with customers and working closely with CBH Grain's respective commodity marketing managers to execute and deliver our regional marketing strategy.

CBH Grain Head of Marketing Tom Puddy said CBH Grain was committed to being the leading supplier of Australian grain to the global market.

"Our dedicated regional managers have proven to be successful in linking our long term and target customers to our growers," Mr Puddy said. "This structural change will provide depth to our marketing efforts within this key demand region."

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820 

[Close]

July

28 JulyCBH disappointed Tier 3 lines will close

The CBH Group is extremely disappointed with the State Government's decision not to support its proposal to retain Tier 3 rail lines. 

CBH Group Chief Executive Officer Dr Andrew Crane said the Group's case for Tier 3 lines to remain operational was compelling and their closure was a lost opportunity to keep more grain on rail and make Western Australia more competitive on the world market.

Dr Crane said CBH utilised much of the information provided in the Government's own Strategic Grain Network Review report to conclude that, with its own significantly reduced operational costs, the lines were now economically viable without additional grain freight funding from Government.     

"It is important going forward that we learn from this process," Dr Crane said. "We must ensure that the grains industry, the Government and the rail track manager, Brookfield-owned WestNet Rail work together to make sure that the grain rail network does not deteriorate to such a poor level again that would necessitate closure of further sections.

"The WA grains industry exports up to 90% of its total annual production and the protection of current efficient rail and road pathways to port is vital"

"We accept that it is Government funds that would be required to be switched from road upgrades to retain the Tier 3 and that the Minister's decision today means the Brookton Strategy will be implemented."

The Brookton Strategy outlines plans for grain to now move by road from sites on Tier 3 lines to the CBH Brookton receival site for transfer to rail to transport to port.

However, Dr Crane said CBH estimated the existing Transition Assistance Package (TAP) will be required indefinitely at Brookton to ensure that maximum volumes of grain remain on rail into the future.  

Additional rail infrastructure would also be needed at CBH's Kellerberrin and Brookton receival sites which will require economic assessment prior to any firm commitment.

"Despite CBH's strong commitment to rail ,as evidenced by our recent $175 million investment in new locomotives and wagons, there remains the distinct possibility that some growers and marketers operating in the Tier 3 region will choose to bypass Brookton and deliver by truck direct to port at Kwinana," Dr Crane said.

"Unless freight rates under the road-rail supply chain envisaged in the Brookton strategy are more competitive than going by road all the way to port, growers and marketers will go direct."

"The CBH Group will seek further engagement with Government on these matters. 

Dr Crane said CBH remained prepared to work with the Government in the short term if there was anything more that could be done to convince it of the case to keep the Tier 3 rail lines operating.

"However, if there is nothing more that can be done to salvage the Tier 3 lines, then CBH will need to start the conversion of 33 receival sites from rail to road, including building extra storage to manage harvest grain," Dr Crane said.

"We will work with our new above-rail operator Watco to implement an operating model to reflect the grain movements from Brookton ready for operation on 1 May 2012.

"CBH will continue to work with Local Governments and Main Roads WA on progressing the upgrades of the designated road routes to ensure that the road transport of grain from Tier 3 lines is the most economical it can be." 

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
19 JulyFalls in barley impact pool returns in the East

Increased production in Black Sea markets and favourable new crop growing conditions have resulted in significant pressure on barley markets as corn and wheat values dramatically fall.

CBH Grain Eastern Australia Manager Chris Ayers said whilst high protein wheat remains scarce, low protein feed wheat is in abundance, limiting the ability of barley values to rise.

"As a result feed barley estimated pool returns have decreased by around $5 to $265 for F1 and $260 for F2," Mr Ayers said.

CBH Grain has recently completed payments for all growers who delivered barley into the CBH Grain Harvest Pool in South Australia.

More than $14.5 million dollars was either paid out or credited to growers loan accounts for pool participants across Australia.

Growers who delivered into the Deferred Payment method were paid up to 90% on Friday 1 July.

Growers who delivered into the Harvest (Advance) Payment method were paid a top up on Friday 15 July taking the cumulative percentage payment to 90%.

Growers who delivered into the Distribution, Loan or Flexi-loan payment method were paid a distribution of 85% on Friday 15 July.

The Pool Team is continually reviewing current strategy, projected payment and pool finalisation dates and growers can access this data in the July release of Pool Talk.

The following table identifies the payments made during July.

F1

Deferred

Harvest

Distribution / Loan

Pool 1

$   243.00

$  18.50

$       103.75

Pool 2

$   243.00

$  10.50

$         99.25

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820                

[Close]
19 JulyCBH to appeal ACCC decision on Grain Express

After much consideration, CBH Group has elected to appeal the recent decision by the Australian Competition and Consumer Commission (ACCC) to revoke the exclusive dealing notification for Grain Express.

CBH Group Chairman Neil Wandel said CBH remained of the strong view that Grain Express in its current form provided Western Australian growers, the grain industry and the community with the most efficient grain logistics system possible without substantially lessening competition in the market for grain transportation services.

"We have the evidence to prove this and we also consider our prospects of success at an appeal make it worth pursuing," Mr Wandel said.

"As we have said repeatedly, our determination to try to retain Grain Express for growers is not because we are trying to protect an inefficient system or to avoid competition.

"It is because we genuinely believe the current bundled system delivers more efficiency and benefits to growers and the industry than having multiple marketers coordinating grain transport from our upcountry receival sites to port. These benefits include enabling all grain marketers to offer prices to growers at any delivery site in the CBH network.

"With or without the authorisation from the ACCC, CBH Group will continue to offer the most competitive grain storage, handling and transport system to growers and the industry.

"However, the uncertainty created by potential leakage to competitor transport systems and increased operating costs associated with gearing up for multiple user access to our sites will lessen overall efficiencies and value delivery to growers."

CBH Group will lodge its appeal against the ACCC decision to the Australian Competition Tribunal today. The Tribunal will determine how it progresses the matter including presentation of evidence and submissions from interested parties.

"Inevitably, this again will involve more cost and some continued distraction for our business," Mr Wandel said. "However we strongly believe it is CBH's responsibility to champion the best interests of growers in Western Australia."

"Grain Express provides security of volume to our rail and road transport providers and therefore enables CBH to negotiate hard to keep overall transport costs as low as possible. It also allows us to co-ordinate the clearing of stacks and sites in one movement, reducing handling, equipment, fumigation costs and the risk of insect resistance to fumigants.

"And all of this is being done by a co-operative controlled by growers, meaning it is done at cost with any surpluses from grain freight rebated directly to growers rather than to others intent on making profits from transport arbitrage."

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
12 JulyTurbulent grain markets affect pool returns in the East

CBH Grain has revised downwards the Estimated Pool Returns for its 2010-11 Wheat Harvest Pool in eastern Australia by around $5 per tonne following the recent turbulence in world grain markets.

CBH Grain Eastern Australia Manager Chris Ayers said prudent hedging strategies had to date protected the Pool from the majority of the fall in international prices.

However some adjustment had been necessary across all grades and further reductions could not be ruled out given the pressures and volatility in the market.

Mr Ayers said international wheat prices had fallen significantly following the United States Department of Agriculture's (USDA) recent crop update and the prospect of additional volumes of grain being available in the Black Sea region.

"The market has traded in a US200c per bushel or A$70 range over the past month and still appears vulnerable going forward," he said.

"Logistical challenges in eastern Australia are also putting some pressure on pool equities as difficulties in getting grain to export positions increases time-based storage and handling charges."

CBH Grain has just completed a second round of payments totalling $95 million to growers participating in the 2010-11 Wheat Pool.

Growers who delivered into the Deferred Payment method were paid up to 90% on Friday 1 July.  Growers who delivered into the Harvest or Advance Payment method were paid a top-up on Friday 8 July taking the cumulative percentage payment to 90% on most grades.

Growers who delivered into the Distribution, Loan or Flexi-loan payment method were paid a distribution of 55% on Friday 8 July.

All payments were made in accordance with the target dates outlined in the CBH Grain Budget Guide and were not materially different from estimated amounts.

The following table identifies the payments made during July for the APW1 grade. Please see the Budget Guide on the CBH website for more detail on other grades.

 

 

Amount Paid in July

Harvest Pool

Deferred

Advance

Distribution/Loan

South Australia

 $            315.00

 $             4.75

 $             117.95

Victoria

 $             319.50

 $             5.00

 $             119.65

New South Wales

 $             324.00

 $             5.25

 $             121.35

Queensland

 $             324.00

 $             5.25

 $             121.35

 Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820                                                                         

[Close]
11 JulyWA canola growers rewarded under CBH Grain accreditation

CBH Grain is rewarding Western Australian canola growers who participated in the International Sustainability and Carbon Certification (ISCC) scheme with a $1 per tonne payment in July.

The payment will be made to participating growers for the canola they sold to CBH Grain during the 2010-11 harvest.

CBH Grain Head of Marketing, Tom Puddy, said the payment was being made to recognise and thank growers for their involvement in the ISCC scheme and for signing the Grower Self Declaration form in 2010-11. 

"The growers' who participated in the ISCC scheme enabled CBH Grain to become accredited as the grain marketer, which has allowed us to export Certified Sustainable canola into the premium-paying European bio-fuel market," Mr Puddy said.

"The EU has become an important market for WA canola, evidenced by the tonnes exported into the region and the price spreads achieved last harvest.

"We are proud to have worked together with growers to achieve this result last season. We are now calling on growers to complete the new ISCC Grower Self Declaration forms for 2011-12 so that we can maintain our momentum into the EU and return the value of that market back to WA canola growers."

Payments for participation in the 2010-11 season will be made directly into grower's nominated bank accounts from Monday 11 July 2011.

To get involved for the coming 2011-12 season growers need to complete the new Grower Self Declaration Form and return it to CBH by Wednesday 31 August 2011. Forms are available from your local CBH Grain Business Relationship Manager or the CBH website homepage - www.cbh.com.au

Growers who participate in the 2011-12 ISCC scheme may be required to undergo an independent audit to receive their certification.

CBH On-Farm Quality Assurance (QA) growers, formerly known as Better Farm IQ, will have access to a 'Sustainability Module' as part of their QA Program which will provide them with general information regarding the ISCC scheme. For more details please contact Jodie Kleyweg (08) 9416 1353 or 0428 558 001.

 Media Contact:    Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820                

[Close]
08 JulyHectare-based marketing option opens

CBH Grain is offering Western Australian wheat and barley growers a hectare-based marketing option again in 2011.

Unlike traditional tonnes-based pool products, the Hectare Advantage Pool allows growers to contract on hectares while providing them with a pre-harvest marketing option.

The Hectare Advantage Pool helps growers reduce the production risk that is associated with contracting early in the season whilst also providing some price certainty in the lead up to harvest. Added benefits for growers are a diversified marketing portfolio and a price that is managed by experienced pool managers.

The Hectare Advantage Pool is the result of CBH Grain listening to growers' feedback. It was offered as a trial to growers during 2010-11 after growers indicated they would like the option to commit to CBH Grain during the early stages of the growing season.

The trial identified that growers appreciated having a hectare-based option to diversify their marketing plans and mitigate some of their risk heading into harvest.

CBH Grain Accumulations Manager, Richard Simonaitis said the CBH Grain Hectare Advantage Pool has been designed to provide growers with the right level of balance between production and price risk while providing price protection throughout the growing season.

"The Hectare Advantage Pool is designed for those wheat and barley growers who want to focus on producing their crop without needing to watch the markets every day," Mr Simonaitis said.

"The objective is to assist growers in managing their production risk through a structured hedge profile that provides increasing price protection as yields become more certain.

"The Hectare Advantage Pool suits those wanting flexibility and the advantage of not having to worry as much about the variability in their production. This product allows growers to deliver what they grow without the stringent tolerances around tonnes."

Mr Simonaitis said the Hectare Advantage Pool will operate as a unique multigrade pool for both wheat and barley, running separately to CBH Grain's existing Harvest Pools.

"Both the barley and wheat pools will have limited availability," he said.

"As the trusted business partner of Western Australian growers for more than 75 years, our focus remains on creating greater value for growers and their farm businesses and we are continually looking at ways in which to do this.

"We are always listening to grower feedback and we will continue to provide innovative products to different segments in the market going forward."

Available for wheat and barley, the minimum contract size for the Hectare Advantage Pool is 50 hectares. Contracting is open until 31 July. 

For more information or to contract into the Hectare Advantage Pool, growers are encouraged to contact their local CBH Grain Business Relationship Manager, the CBH Grower Service Centre on 1800 199 083.

The Pool will be open until 31 July 2011. However, CBH Grain reserves the right to close the Pool at any time.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: 9237 9820         

Dated: 

[Close]

June

29 JuneNew wagons on their way

The CBH Group has awarded the contract to build approximately 570 new aluminium wagons worth $80 million to Australian company Bradken.

CBH Group Acting General Manager Operations Allyn Wasley said that the tender process was very competitive with five companies bidding to fulfil the contract, with Bradken selected for its extensive experience.

"The CBH Group is pleased to announce that Bradken will build the wagons which will transport Western Australia's grain crop," Mr Wasley said.

"Bradken was successful, based on its proven track record of designing and building wagons for the Australian market with low tare weights and competitive pricing."

The narrow and standard gauge wagons will be built at a wholly owned Australian manufacturing facility in China with the first batch of wagons due to be delivered early February 2012.

"Bradken is proud to be part of the partnership CBH is creating in WA for grain haulage. Bradken will bring to CBH a high quality, reliable wagon that will last for years to come and we look forward to the beginning of a fruitful relationship with the WA grain farmers and CBH," said Ewen Docherty, Bradken's Sales and Marketing Manager - Rail.

Mr Wasley said this was a very exciting time for rail in Western Australia.

"It is now less than a year until CBH's major investment in reforming the grain rail network in Western Australia will begin," Mr Wasley said.

"This is a huge and challenging project for CBH and there is nothing that better demonstrates this co-operative's commitment to creating and returning value to growers."

Background:

Bradken is the leading supplier of differentiated consumable and capital products to the resources, energy and freight rail industries. The company employs over 5,000 people in 30 manufacturing facilities and more than 28 sales and service centres across Australia, New Zealand, USA, Canada, United Kingdom, China and South Africa. 

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
29 JuneACCC’s revocation of Grain Express notification

The CBH Group is disappointed in the Australian Competition and Consumer Commission's (ACCC) final decision to revoke the notification for Grain Express but will continue to champion the interests of Western Australian grain growers to ensure they receive the most value from their system.

CBH has been actively working on contingencies for some time but will now take advice from appropriate experts to consider the best course of action. That action may involve seeking a review of the decision by the Australian Competition Tribunal.

CBH remains of the strong view that Grain Express provides a net benefit to the community and does not significantly lessen competition in the market for grain transportation services.

A more detailed response will be issued in due course.

Media Contact: Cathy Bolt, Corporate Affairs Manager, CBH Group
Ph: 9237 9541

[Close]
24 JuneGrowers get to be part of history and name a train

Western Australian grain growers have the opportunity to name one of the CBH Group's new locomotives from the fleet of 22 set to take to the tracks next year.

Acting General Manager Operations Allyn Wasley said the CBH Group is seeking names that fit with the theme "Iconic Western Australian".

"The arrival of the trains will mark a new era for grain rail freight in the state and we are looking for names that evoke a sense of Western Australia and celebrate this milestone," he said.

"Western Australia has a strong history and a very exciting future.  From bushrangers to sports stars, land marks and tourist attractions to flora and fauna and we want these trains to signify our unique culture."

Last year, the CBH Group announced its plans to purchase locomotives as part of its investment of up to $175 million in rolling stock and its new partnership with above-rail operator Watco.

"We are purchasing the trains on behalf of the growers of Western Australia to make moving grain by rail more efficient and build a sustainable future for rail in WA," said Mr Wasley.

"Essentially these trains are growers' trains and we want to give them the opportunity of being a part of this historic moment.  Growers know what makes Western Australia special and rural Western Australia certainly gives us great inspiration.

"What better way to feel a part of it than to see a locomotive that is likely to be carrying your grain, roll past with the name that you created.  We hope growers feel a sense of ownership over these trains and running a competition like this is another way we can facilitate that."

The competition opens today and will run until Friday 29 July.  Growers can enter by mailing, faxing or emailing a completed entry form found at the CBH Group website www.cbh.com.au or by calling the Grower Service Centre on 1800 199 083. 

      

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
23 JuneEligible growers invited to join CBH

CBH Group has recently mailed membership applications to more than 500 growers inviting them to become new members of the co-operative, Western Australia's leading grain storage, handling and marketing organisation.

As Australia's largest co-operative, CBH prides itself on being owned and controlled by Western Australian grain growers and is extending an invitation to growers for the chance to be part of the decision making process.

Growers are eligible to become a member of CBH after they have delivered grain to CBH in the same delivery title in either of the last two seasons with the aggregate of all grain deliveries made in a single delivery title over the last 3 seasons to be no less than 600 tonnes. The company currently has around 4,600 grower members.

CBH Group Chairman Neil Wandel said CBH each year invited eligible growers who were not yet members to apply to become so.

"Being a member of CBH gives growers a range of benefits but most importantly it gives them the opportunity to have a say in the direction of the only major grain organisation in Australia that is solely focussed on their interests," Mr Wandel said.

 The benefits of being a member include:

  • The ability to participate at local CBH meetings and provide input into operational decisions that impact you as a member
  • The power to vote on resolutions at shareholder meetings
  • The power to vote in the election of grower member directors
  • Entitlement to nominate for election as a director of CBH
  • Receive regular communications about the latest developments impacting CBH and the grain industry
  • Receive free DailyGrain Intro membership
  • Receive a free weekly copy of the Countryman
  • Other member benefits as they are introduced.

 

For more information about the offer of membership or shareholding in the company, please contact Peter Dean, our share registrar, on (08) 9237 9736.

Media Contact:Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820           

[Close]
13 JunePre-Pay Advantage offers cashflow prior to harvest

CBH Grain is offering Western Australian growers a pre-harvest finance option this season with its Pre-Pay Advantage product which provides an injection of funds prior to harvest.

CBH Grain Head of Accumulations, Richard Simonaitis, said the product was designed to give growers access to funding prior to harvest, a time when they may need it most.

"CBH Grain is committed to offering innovative products such as Pre-Pay Advantage to assist growers throughout the growing season," said Mr Simonaitis.

"The Pre-Pay Advantage offers growers cash upfront in return for a commitment of grain. It is not linked to any specific CBH Grain products so growers can receive funds prior to harvest and decide to sell their grain to pool or cash options at a later date.

Applications for the Pre-Pay Advantage are open now with access to funds from the 1 August. If applications are approved growers will have access to a Pre-Pay Advantage facility and can manage drawdowns to suit their business needs. Repayments are hassle free as the facility is automatically repaid once grain is nominated to CBH Grain at harvest.

The Pre-Pay Advantage offers a competitive interest rate and no application fees apply. Growers will have access to their Pre-Pay facility to use as required up until the 30 April 2012.

Essentially, Pre-Pay Advantage offers growers an alternative for cash flow requirements in return for commitment of grain, and provides growers with a formal avenue to request and access funds outside of the normal payment schedules offered in existing products.

Mr Simonaitis said that Pre-Pay Advantage has been well received by growers and agricultural industry professionals and complements CBH Grain's existing product suite.

"We trialled the Pre-Pay Advantage last year and have since made a few changes by simplifying and improving the application process. A highlight for this year will be the introduction of an online application service via LoadNet which will be available to growers from August." Mr Simonaitis said.

Pre-Pay Advantage is available to WA growers for wheat, barley and canola.

The period of offer will remain open from now until to 30 October, unless prior notice is provided.

The overall product features are:

  • Available for wheat, barley and canola
  • Minimum contract size is 500 tonnes
  • Flexibility to sell your committed tonnes to CBH Grain using any pool or cash products
  • Proceeds from grain sales to CBH Grain will automatically pay off the pre-payment facility.
  • Competitive interest rate

 

To find out more information on the Pre-Pay Advantage and to obtain an application pack, growers are encouraged to contact to their local Business Relationship Manager or the Grower Service Centre on 1800 199 083

 

Media Contact:        Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
10 JuneStart snapping - CBH launches 2011 annual photo competition

The hunt is on again for the best pictorial displays of life on the land for grain growers with CBH Group's annual photographic competition kicking off today.

This year, the 11th the competition has been running, will focus on the theme, Co-operation: together we are stronger. Entrants are encouraged to let loose their imagination and creativity to visually depict how co-operation in life, work and play can help us meet the challenges of life on the land.

The competition is divided into six categories:

  • CBH Group Members and their immediate families (CBH Grower number required) - 6 winners;
  • Eastern Australian Grain Growers (South Australia, Victoria, New South Wales and Queensland grain growers - NGR number required) - 2 winners;
  • Rural Community Residents (people living in grainbelt communities who are not gain growers) - 2 winners;
  • CBH Group employees - 2 winners;
  • Children up to and including 15 years of age - 2 winners;
  • Overall winner - best overall photograph

 

CBH is partnering with Countryman newspaper to host the People's Choice Award, whereby one winner will be selected by the public through online voting at www.countryman.com.au.

Entries will be profiled in Countryman newspaper and website throughout the competition. The winners will be on display at this year's Field Days and in the 2012 CBH Group calendar.

CBH Group Chief Executive Officer, Dr Andrew Crane said this year's photo competition is all about capturing the spirit of co-operation in grain growing families and communities.

"CBH is Australia's biggest co-operative and we believe that a commercial and competitive co-operative will deliver the best results to our grower members," Dr Crane said.

"The United Nations has also declared 2012 the International Year of Co-operatives so it seemed a particularly appropriate theme for this year's competition and next year's CBH calendar." 

"It's all about visually capturing the real nature of rural Australia and depicting how collaboration can drive innovation, achievement and growth and help us get through the challenges we face.  At CBH, we believe being a co-operative gives us a unique competitive connection to growers." 

There will be a mix of cash prizes and other gifts generously donated by companies and organisations including 2012 Hopman Cup tickets from Tennis West and a weekend accommodation package from Esplanade River Suites.

Entries can be submitted online through the CBH Group's website at www.cbh.com.au. Or via email to corporateaffairs@cbh.com.au.

Alternatively, you can post your entry along with a completed entry form to Photo Competition, CBH Group Corporate Affairs, GPO Box L886, Perth, WA 6842.

The competition close at 5pm on Monday 8 August 2011, so start snapping and get your entry in today.

More details on the competition are available at www.cbh.com.au.

To view last year's winners click here.    

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]
07 JuneCBH helps growers get to Australia’s premier grain conference

A unique opportunity exists for four growers to attend the premier Australian Grains Industry Conference in Melbourne during July, supported by CBH Group.

This year's conference, 'Weathering Risks: Creating Opportunities' will be held 25-27 July 2011 at the Crown Conference Centre in Melbourne, Victoria.

CBH Group Chairman Neil Wandel said the annual event provides a platform to meet with marketers, traders, processers, food manufacturers and analysts to examine strategic developments and trends in the global, regional and local grain, oilseed and pulse markets.

"CBH considers the conference a 'must attend' event for people in the grains industry," Mr Wandel said.

"We hope our support will give more growers the opportunity to hear about the key factors influencing the future of their grain growing businesses and provide them with networking opportunities they otherwise might not have."

CBH will cover the cost of the full AGIC registration, including the conference dinner, as well as accommodation. The successful applicants only need to organise travel to and from Melbourne.

All CBH grower members are encouraged to apply in 300 words or less describing how they believe they would benefit from attending the conference.

 Submissions need to be emailed to corporateaffairs@cbh.com.au by June 30.

The successful applications will be notified in the first week of July.

Media Contact: Claire Armstrong, Media Advisor, CBH Group

Ph: (08) 9237 9820

[Close]

May

27 MayCBH lines up with Hockey WA as rural teams hit off

Continuing its longstanding support for rural communities, CBH Group has announced its eighth year of partnership with Hockey WA.

CBH's sponsorship contributes to the development and running of country hockey in 2011, including the CBH Group Men's Country Championships (4-6 June); the CBH Group Women's Country Championships (17-19 July); and sponsorship of the Men's and Women's State country teams.

Over 24,000 Western Australians enjoy the game each year, with 10,000 of those playing in regional teams.

Playing local WA country hockey has paved the way for many international players such as Bevan George (Cuballing); Ian Burcher (Albany);  Fergus Kavanagh (Geraldton); Alistair Park (Badgingarra); Kit Tapper (Geraldton); and Ashleigh Nelson (Wagin).

CBH Group Chairman, Neil Wandel, confirms CBH is pleased to continue its sponsorship of Hockey WA for 2011.  "Hockey plays a large role in the winter sporting calendar for many regional families; catering  for a wide range of ages and abilities" Mr Wandel said.

The CBH Group Country Championships are the yearly focal point for hockey players from 28 country hockey associations and 639 regional teams in Western Australian rural communities.

"CBH's role is not only to provide additional world class grain storage, handling and marketing services to our grower shareholders, we are also committed to the health and wellbeing of people living in rural areas and to the sustainability of rural communities.  Sport, and the social development it brings, is a key factor in growing healthy rural communities" Mr Wandel said.

Hockey WA Marketing Manager, Kate Main, acknowledged Hockey WA caters for men, women and juniors from Hook in2 Hockey for juniors; through to school programs; senior; social; veteran; and elite grades.

"Hockey has always been a popular sport in rural areas and the CBH Group sponsorship will continue to help promote and enhance the game in country areas" Ms Main said.  "The game plays a major role in linking rural Western Australian families and communities for a fun, social activity which is also good for our health."  "Hockey WA would not survive without the generous, ongoing support of organisations such as the CBH Group. Their continued support will help to provide our young players with the opportunity to develop their skills and create a path for some young kids to follow their dream of playing at the elite level of the sport they love," said Kate.

 

 

 

 

Dated:                       

Media Contact:        Amie Bolton, Media Advisor, CBH Group

Ph: (08) 9237 9820                                                                                                  

[Close]
12 MayDonations deliver seeds of hope to farmers in need

More than 20 grain growing families around the WA wheatbelt are preparing to plant a new crop helped by the generosity of fellow farmers.

Seed collected for the Seed Donation Program co-ordinated by the CBH Group during the last harvest has now been received by the growers who applied for assistance after experiencing severe hardship last year, bringing the 2010/11 program to a close. 

The widespread drought and record low rainfall in much of the WA wheatbelt in the 2010 growing season meant some growers harvested barely enough grain for seed for the coming season.

Growers in better areas who could spare a little grain were encouraged to donate grain. Those in need were encouraged to apply in confidence for the seed.

CBH Group Chief Executive Officer, Dr Andrew Crane, said 29 growers donated a range of grain types, grades and varieties. Donations of grain which were not of seed quality, or not suited to the drought-affected growing areas, were sold and the funds used to buy the appropriate varieties.

Applications were evaluated and 23 grain growing enterprises met the criteria guidelines and were allocated between 6 to 30 tonnes per enterprise of wheat or barley seed.

Approximately 515 tonnes has recently been given to those growers offering them a leg-up for the new season and helping them to recover from last year's poor season.

"It's great to see farmers helping other farmers during times of need," Dr Crane said.

"The CBH Group is pleased to offer support to this program as there are benefits to the entire industry as well as local communities."

The CBH Group took the lead role in co-ordinating the Seed Donation Program, following the Co-operative's involvement in the initial program during the 2007/08 season. Other key supporters included the Department of Agriculture and Food WA (DAFWA), AAS Grain Cleaning and other industry bodies.

DAFWA conducted paddock inspections, verified and tested the grain to be used as seed for quality and AAS Grain Cleaning contributed to the program by providing their cleaning services and use of their equipment free of charge.  The variety owners and End Point Royalty Managers kindly waived fees on the donated tonnes.

In a bitter irony, the grain segregated for the program was being stored at CBH's receival point in Nungarin, when flash flooding hit the town earlier this year.

"The flooding damaged some of the stored grain but fortunately CBH had segregated a larger portion of grain than what had been allocated and enough was left undamaged to fulfil the requests for seed," Dr Crane said.

The recipients of the program included Gabbin grain growers Bob and Ros Huxley whose farm business was set to be badly hit by the poor season last year.

Mrs Huxley said they received 27 tonnes of seed wheat from the program and it was their chance to have another go. After finding themselves in a financially difficult situation they were hard pressed to buy seed for this year's crop. After delivering the harvested grain the remainder of the standing crop was to be used for seed but there was less grain than expected.

"It looked like we would be seeding less than half our program this year but now we have the opportunity to put in a good crop and get out of some debt. Receiving the seed has been a real blessing; it's provided us with the chance to continue farming.

"We look forward to returning the favour in the future. It will be a wonderful feeling to repay the seed and know that we too will be able to help someone else out."

Mr Huxley said that they were so grateful for the effort and expense of CBH, DAFWA and AAS Grain Cleaning and obviously the growers who donated the grain.

Dr Crane said he really appreciated the support of all the CBH staff involved in implementing the project particularly Group Stock Manager, Jodi Robinson, Customer Quality Manager, Dr Richard Williams, Operations Stock & Systems team, employees at the Nungarin site, the Grower Services Centre and employees in the Merredin and Lake Grace areas.

Dated:                      12, May, 2011

Media Contact:        Amie Bolton, Media Advisor, CBH Group

Ph: (08) 9237 9820

                                                                                                                                                                                           

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04 MayGrowers overwhelmingly support CBH's new constitution

The grower members of Co-operative Bulk Handling Ltd have voted overwhelmingly to modernise its constitution and transition to the new WA Co-operatives Act.

CBH Group Chairman Neil Wandel said the outcome of today's Extraordinary General Meeting (EGM) demonstrated the strong level of grower support for the direction being taken by their co-operative. 

"This was the next important step in our journey following the Board's decision in January that CBH should remain a co-operative totally focussed on the best interests of growers," Mr Wandel said. 

"We are now able to move forward using all the mechanisms available under our preferred structure to create and return value to growers." 

Mr Wandel thanked the many members who took the time to vote, either by proxy or by attending the EGM. 

"We recognised that the timing so close to seeding was not ideal but it was very important that as many members as possible utilised the opportunity to take control of the future of their Co-operative," he said. 

Of those members who voted, 96.66% supported the first resolution to transition to the new WA Co-operatives Act. All WA co-operatives must apply for registration under the new Act by 31 May 2012. 

Mr Wandel said CBH believed it would be the first WA co-operative to transition. 

"As Australia's largest co-operative, it is pleasing that we are leading the way," he said. 

Of those members who voted, 96.33% supported the second resolution to adopt a new set of modernised rules for CBH. 

The differences to the previous constitution include setting out active membership requirements, including provisions for the issue of Co-operative Capital Units as a means of raising capital and increasing in the number of grower members required to requisition a Special General Meeting. 

A third unrelated resolution saw members overwhelmingly ratify the appointment of Diane Smith-Gander as a Director. 

Mr Wandel said it was pleasing to see members endorse the appointment of such an experienced and outstanding Director to the CBH Board. 

"The EGM outcome is another significant step forward for our grower members and a strong endorsement of the Board's focus on creating and returning value to growers," he said. 

 "It gives CBH a mandate to maintain our commitment to delivering the lowest possible storage, handling and freight costs to port, expanding rewards for grower patronage, introducing more new grower-centred products and services and investigating new grower investment opportunities." 

Dated:                      4 May, 2011

Media Contact:        Cathy Bolt, Manager Corporate Affairs, CBH Group

Ph: (08) 9237 9541

Mob: 0417 813 804

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03 MayCBH Group named Australia's No.1 Co-operative once again

For the second year in a row the CBH Group has been named Australia's No.1 Co-operative in the annual Top 100 list of Co-operatives, Credit Unions and Mutuals released by Co-operatives Australia.

CBH Group was ranked ahead of Murray Goulburn Co-operative and three other leading Western Australian organisations, being HBF, Capricorn Society and RAC WA.

Acting CBH Group Chief Executive Officer, David Moroney said retaining the position as Australia's No.1 co-operative, with total revenue of $2.63 billion, is a significant achievement for the CBH Group and its members.

 CBH is owned and controlled by 4,500 Western Australian grain growers.

 "It is especially satisfying following the major review of our structure we completed last year which confirmed we should remain a co-operative," Mr Moroney said.

"Our investigation, and the latest top 100 list, reinforce that co-operatives can be just as successful as corporate entities, and in some sectors can do better, provided they adapt to their changing environment and the changing needs of their members."

Mr Moroney said the CBH Group has undergone significant transformation over the past 12 months to become a far more efficient and effective organisation with the aim of delivering more value for grain growers.

Mr Moroney said Growers have demonstrated overwhelming support for the changes made to the business in the last two years and are supporting CBH strongly.

"We are proud to be a co-operative and believe our sole focus on creating and returning value to growers gives us a unique advantage in a more competitive marketplace."

Co-operatives Australia publishes the top 100 list to facilitate greater awareness of co-operatives and demonstrate the economic and social impact of co-operatives, credit unions and mutual businesses.

Co-operatives Australia, the national body for State Co-operative Federations, compiled the list based on total group revenue including marketing pool revenues. Industries represented in the top 100 list include agriculture, consumer, finance, insurance and purchasing.

The CBH Group Board will take the lead again tomorrow when it holds an Extraordinary General Meeting (EGM) to seek member approval to transition to the new WA Co-operatives Act and to modernise its Constitution. 

"As Australia's biggest co-operative, CBH is leading the way and it is understood CBH will be the first WA Co-operative to transition to the new Act," Mr Moroney said.

Dated:                      3 May, 2011

Media Contact:        Amie Bolton, Media Advisor, CBH Group

Ph: (08) 9237 9820

                                                                                                                                                                                                #1045288

 

 

 

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April

21 AprilCBH Grain accreditation provides potential premiums to canola growers

CBH Grain has led the market in gaining the accreditation required to enable Western Australian canola growers to access the premium-paying European bio-fuel market.

To access this market, growers will be required to sell through a marketer accredited under the International Sustainability and Carbon Certification (ISCC) scheme.

CBH Grain Head of Marketing, Tom Puddy, said CBH Grain's ISCC accreditation has kept open a valuable market opportunity for WA growers following the recent introduction of the European Union (EU) Renewal Energy Directive (RED).

 "Last year, more than 95 percent of CBH Grain's non-GM canola was sold to Europe," Mr Puddy said.

 "CBH Grain's European customers are indicating that with current EU crop forecasts and the RED in place, Europe will be short of canola and rapeseed again during 2011-12 and will need to make up a sizable portion of the shortfall with Australian ISCC certified sustainable, non-GM canola."

CBH Grain Protein and Oilseeds Marketing Manager, Peter Elliott, said the forecast strong demand from Europe had seen a large price spread emerge between GM and non-GM canola. 

"Growers are keenly watching the market as Europe is substantially short of non-GM canola, so values are likely to be well supported based on current supply and demand.

 "The RED specifies that canola supplied into the bio-fuel industry must be produced in a 'sustainable' manner. CBH Grain's customers use only non-GM due to the requirements for by-products to be GM Free.

Mr Elliott reminded growers that they must still sign individual sustainability declarations.

"CBH Grain is accredited as a "First Gathering Point", therefore CBH Grain is accredited to collect, buy and sell the sustainable tonnage," he said.

"It is still up to the growers to meet the sustainability criteria set by the ISCC.  CBH can only sell the exact tonnage we receive as 'sustainable'.  For example, if CBH Grain purchases a total of 100,000 tonnes of canola in a Zone but we only obtain sustainable declarations from growers for 50,000 tonnes of canola, we can only sell 50,000 tonnes of canola as sustainable for the bio-fuel market in Europe"

 "The biggest risk to the current non-GM premium is if growers do not participate in the sustainable program.  Then we have the risk of having a large tonnage we cannot sell to the main market in Europe".

Mr Puddy said CBH Grain had gone to significant effort to achieve the accreditation so that it could capture as much value for growers from the marketplace as possible.

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21 AprilCBH grower meetings raise $2000 for Royal Flying Doctor

More than 400 growers have attended a series of meetings held by CBH Group over the past month, in the process helping to raise more than $2000 for the Royal Flying Doctor Service (RFDS).

 CBH Group made a commitment to donate $5 to the Royal Flying Doctors Service for every member that attended one of the 11 meetings, which concluded in Esperance last Friday 15 April. The biggest meeting was at Merredin, with nearly 100 growers in attendance.

 CBH Group Chairman, Neil Wandel said that while gaining an insight into the co-operative's activities for the upcoming season and beyond, members had also been raising money for another organisation which played a vital role in rural life.

 "The CBH Group plays an integral role in the lives of people in grain growing areas. We are committed to the health and wellbeing of people living in rural areas and I am happy CBH is able to support the RFDS, an organisation which is vital to rural communities." Mr Wandel said.

 "The overwhelming feeling I have taken away from the grower meetings is extremely positive, "Mr Wandel said. "Several major initiatives we have in progress, including Quality Optimisation and our rail investment, will increase the value we return to growers in coming months and years and it was important grower heard more about these before the new season got underway.

 "Members also indicated overwhelming support for the Board's decision to keep CBH a non distributing cooperative and for the new constitution that we will put to members at the upcoming Extraordinary General Meeting on 4 May".

 Tim Shackleton CEO of the RFDS in Western Australia said that, "Like CBH, the RFDS play an integral role in the lives of people in grain growing areas and is committed to maintaining a strong connection with rural communities".

 "We are part of the community we serve and provide health services and peace of mind to people living, working or travelling in rural and remote communities within Australia. We are very pleased to accept this donation from the grower members of the CBH Group." he said.

 

 

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21 AprilCBH Group team ups to continue supporting rural footy

CBH Group has announced its ninth year of partnership with the West Australian Country Football League (WACFL), continuing its longstanding support for rural communities.

 CBH Group Chairman, Neil Wandel said it was pleased to contribute $40,000 in sponsorship to the  WACFL for the 2011 season, just as regional communities geared up for another exciting year of football.

 This brings to $300,000 the contribution CBH has made to the development of grass roots footy.

The CBH Group sponsorship provides funding to a total of 12 leagues, 78 football clubs and 179 football teams in Western Australian grainbelt communities and supports the WACFL's State Colts team and the CBH Colts All-Stars.

The 2011 AFL season is proving to be a successful one for WA country football with 72 players from country clubs across the state now listed with AFL sides. Players such as Lance "Buddy" Franklin (Hawthorn), Darren Glass (West Coast Eagles) and Aaron Sandilands (Fremantle Dockers) have all come from the grass roots level of country football in regional areas.

"The CBH Group has played an integral role in the lives of people in grain growing areas," Mr Wandel said.

"Our role is not only to provide additional world class grain storage, handling and marketing services to our grower shareholders, we are committed to the health and wellbeing of people living in rural areas and to the sustainability of rural communities. Sport and the social development it brings, are key factors in growing healthy rural communities."

 WACFL General Manager, Cameron Knapton said football plays a major role in bringing together the people and communities of rural Western Australia.

 "Football has always had a strong following and participation rate in rural areas and this sponsorship will continue to help promote and enhance the game of football for people living in country areas," Mr Knapton said.

 "The continued support from the CBH Group will help to provide our young players with the opportunity to develop their skills and create a path for some young kids to follow their dream of playing at the elite level of the sport they love," Mr Knapton said.

 

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18 AprilGrowers reminded to vote on new constitution for CBH

Grower members of Co-operative Bulk Handling Ltd have been reminded they need to lodge a proxy form by 11am Monday 2 May to vote on CBH's proposed new constitution if they are unable to attend the Extraordinary General Meeting (EGM) later that week. 

The CBH Group Board is holding the EGM on Wednesday, 4 May 2011 to seek member approval to transition to the new WA Co-operatives Act and to modernise its Constitution. As Australia's biggest co-operative, CBH is leading the way and it is understood CBH will be the first WA Co-operative to transition to the new Act.

 All members should have received, by mail, a formal Notice of the EGM, including a proxy voting form, giving full details of the resolutions to be put to the meeting.

 All WA co-operatives must apply for registration under the new Co-ops Act by 31 May 2012 to continue as cooperatives.

 The Board has unanimously recommended members vote in favour of all resolutions to be put to the meeting.  Any member who is unable to attend can complete and return the proxy form by mail or fax; however it must be received by CBH's share registry, Link Market Services, by 11am on Monday 2 May 2011.

 CBH Group Chairman said the Board understood many members would be preparing for seeding and may not be able to attend. However the proxy option ensured they could still have their say.

 "The Board has decided to hold the meeting now so that we can transition to the new Act before we head into a new season," Mr Wandel said.

 Mr Wandel said that the transition to the new Co-operatives Act was the next step following the Board's recent decision on the preferred structure for CBH.

 "While this is not a vote on the Board's preferred structure passing these resolutions will enable us to use all the mechanisms available under our preferred structure to create and return value to growers," he said.

 More information is available by visiting www.cbh.com.au (or click here) or grower members can contact the CBH Grower Service Centre on 1800 199 083.

Dated:                      15, April, 2011

Media Contact:        Amie Bolton, Media Advisor, CBH Group

Ph: (08) 9237 9820

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18 AprilCBH Grain delivers over $65 million to pool participants

CBH Grain's first Distribution payment has been made to growers who participated in the 2010-11 pools.

 For Growers who delivered to the Wheat Pool and opted for the Harvest Loan, Distribution or Flexi Loan payment methods the funds were deposited into bank accounts or applied against outstanding harvest loan accounts on Friday 8 April 2011. For Growers who delivered to the Barley, Canola or Lupin Pools, payments were deposited into participating growers' bank accounts or applied against outstanding harvest loan accounts on Thursday 14 April.

CBH Grain's Pool Manager, Aiden Blechynden said "The first distribution of wheat payments is worth more than $43.5 million to Western Australian growers and the Barley, Canola and Lupin payments totalled in excess of $22 million".

"Based on APW2 grade the first distribution payment delivered to participants in the 2010-11 harvest pool for wheat was $75.60 per tonne representing 21% of the estimated pool return and the Feed grade payment for the Barley Harvest Pool was $123.75 representing 45% of the EPR. payment," Mr Blechynden said.

"All payments were made in accordance with the target dates outlined in the CBH Grain Budget Guide and were not materially different from estimated amounts.

"While the sales programs are progressing well, a smaller volume season in WA will see all Pools finalised by the end of the calendar year with the exception of the Barley Pool which is scheduled to be finalised in early January."

Mr Blechynden stated that additional volatility in the agricultural markets was proving challenging. However a considered and defined hedging program and active risk management had reduced the exposure to this volatility.

The following table identifies the payments made during April:

 

April Distribution Payment

Cumulative Percentage Paid

Current EPR

Harvest Pool - APW2

$75.60

21%

$360

Hectare Advantage Pool - APW2

$75.60

21%

$360

Managed Pool- APW2

$69.30

21%

$330

Protection Plus Pool- APW2

$71.40

21%

$340

 

 

April Distribution Payment

Cumulative Percentage Paid

Current EPR

Harvest Pool - BAU1

$157.50

45%

$350.00

Harvest Pool - BFD1

$123.75

45%

$275.00

Harvest Pool - CAN1

$483.60

78%

$620.00

Harvest Pool - LUP

$161.76

48%

$337.00

Dated:                      15, April, 2011

Media Contact:        Amie Bolton, Media Advisor, CBH Group

                                   Ph: (08) 9237 9820

                                               

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10 AprilCBH contracts locomotive build

The CBH Group today announced that it has contracted United States based MotivePower, a subsidiary of Wabtec Corporation (NYSE: WAB), to build its new locomotive fleet.
CBH Operations General Manager Colin Tutt said that commissioning the construction of the locomotives is another step towards a sustainable future for rail in Western Australia.
"The tender process was very competitive with six companies from around the world bidding for the construction task. We are confident that MotivePower's expertise and experience in building locomotives for freight rail will deliver WA growers the best outcome," he said.
"MotivePower's engines were the best option for the task of moving grain on Western Australian rail lines as well as having good fuel economy, meeting US Tier 2 emissions standards.
"The locomotives will provide better operational and environmental efficiencies and ultimately greater productivity, as well as being much safer than the existing fleet.
"Having new equipment with more horsepower will enable us to optimise train lengths and journey times, and transport more grain to port by rail."
Wabtec's president and chief executive officer Albert J. Neupaver said that this project will meet CBH's need for more-efficient locomotives and will position Wabtec for similar opportunities in Australia in the future.
"Wabtec has had a manufacturing and sales presence in Australia for 20 years, and we continue to expand our operations in this important rail market," he said.
The CBH Group has placed an order for 22 locomotives, with the first of them to be delivered in March 2012, in time for driver training and accreditation to be finalised.
"Although the timeframes for the construction and operations of rolling stock is tight, the project is progressing to schedule and under budget," said Mr Tutt.
From May 2012, CBH's 10-year agreement with Watco Companies will commence, with Watco providing comprehensive rail logistics services operating CBH Group's rolling stock.
Dated: 10 April 2011
Media Contact: Cathy Bolt, Corporate Affairs Manager, CBH Group
Ph: (08) 9237 9541
M: 0417 813 804

[Close]

March

24 MarchCBH announces multi-peril crop cover product

The CBH Group has announced a new crop protection cover product for Western Australian grain growers. The product is the first of its kind in Australia and will be offered through CBH Mutual which is a discretionary mutual fund established for this purpose. The cover is designed to minimise growers' production risk and cover production costs in years where yields have fallen below specified levels.

CBH Group Chief Risk Officer, Rob Maurich made the announcement today at the WA Farmers Federation Conference at Perth Football Club in Lathlain.

Mr Maurich said the Cost of Production cover product has been developed by the CBH Group and Willis Australia (part of the Willis Group, a leading global insurance broker) following extensive consultation with WA Farmers Federation Risk Mitigation Committee.

"Growers have been asking for this type of product for years," Mr Maurich said.

"And we've just experienced one of the toughest harvests yet due to drought - seeing first hand the devastating impact that adverse weather can have on growers. While CBH Mutual can't make it rain, it will be an option for growers to help mitigate some of their production risk.

"CBH has responded to increased demand from WA growers for a multi-peril cover product and we've spent the past few months working with industry to establish a workable product. CBH Mutual will create value for growers through the provision of a risk cover option that is currently not available and ability for growers to mitigate their risks."

Under the Cost of Production cover product, growers will be able to cover the production cost for their total wheat and barley production for the 2011-12 season.

Mr Maurich said the cover will not suit all growers and growers will need to consider the Product Disclosure Statement before they apply for the product.

"There will be limited availability for CBH Mutual," he said.

"Applications will be individually assessed and offers may not be made to all applicants. For this reason, I strongly encourage all growers to seek independent advice before applying.  Growers should consider the Product Disclosure Statement before making any decision for this cover which will be available on the CBH Mutual website."

Information on the product, the application form and the Willis call centre details will be available on the website www.cbhmutual.com.au from 4 April 2011.  Please note this service will only be available during the application period of 4 April to 30 April 2011.

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21 MarchCBH calls Extraordinary General Meeting

The CBH Group Board will hold an Extraordinary General meeting (EGM) to seek member approval to transition to the new WA Co-operatives Act and to modernise its Constitution. As Australia's biggest co-operative, CBH is leading the way and it is understood CBH will be the first WA Co-operative to transition to the new Act.

The EGM is scheduled for Wednesday, 4 May 2011. All WA co-operatives must apply for registration under the new Co-ops Act by 31 May 2012 to continue as co-operatives. A formal Notice of the EGM, including a proxy voting form, will be mailed to all members in early April, giving full details of the resolutions to be put to the meeting.

CBH Group Chairman, Neil Wandel said to modernise its constitution and transition to the new Act, two special resolutions of CBH members need to be passed at the EGM.

"Your Board unanimously recommends members vote in favour of the resolutions and urges all members to vote," Mr Wandel said.

"The Board has decided to hold the meeting now so that we can transition to the new Act before we head into a new season. All members will be able to vote by proxy if they can not attend the meeting in person because of seeding or other commitments."

Mr Wandel said that the transition to the new Co-operatives Act was the next step following the Board's recent decision on the preferred structure for CBH.

"While this is not a vote on the Board's preferred structure passing these resolutions will enable us to use all the mechanisms available under our preferred structure to create and return value to growers," he said.

More information is available by visiting www.cbh.com.au (or click here). Further detail will be provided to members at the upcoming CBH Group Grower meetings at the end of the month.

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16 MarchCBH Grain delivers top-up for 2010-11 pools

CBH Grain delivered more than $6.5 million in top-up payments to Eastern Australian grain growers last week. The payment was credited on Friday, 11 March 2011 to all participants who selected the Harvest and Loan payment methods.

CBH Grain's Manager Eastern Australia, Chris Ayers said this round of top-up payments brings the 2010-11 wheat pool to 85 percent paid, based on the Harvest payment method.

"Based on the Loan payment method, this round of top-up payments brings the wheat pool to 95 percent paid," Mr Ayers said.

"Similarly for the 2010-11 barley pool, this brings the pool to 80 percent paid for growers who selected the Harvest payment and 90 percent paid for growers who have chosen the Loan payment method."

Mr Ayers said CBH Grain's 2010-11 wheat and barley pools would be finalised towards the end of the year.

"Our 2009-10 pools are likely to be finalised and paid out in the next few weeks, given the sales and shipping program is nearly complete," Mr Ayers said.

"This is one month ahead of the payment dates estimated in CBH Grain's Budget Guide for pool payments."

Mr Ayers said CBH Grain was pleased to continue providing growers greater certainty and transparency on their pool payments when releasing its Budget Guide for 2010-11 pools earlier this month. CBH Grain's Budget Guide is available online by clicking here

For more information on the top-up payment for CBH Grain's 2010-11 wheat and barley pools, growers should contact their local CBH Grain Regional Manager or the Grower Service Centre on 1800 107 759.

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15 MarchCBH calls grower member meetings

CBH Group will hold a series of meetings across the wheatbelt starting 28 March to update grower members on important developments at the co-operative including outcomes from the recent structure review and the roll-out of Quality Optimisation.

CBH Group Chairman Neil Wandel said growers and their families would receive invitations to the meetings in coming days and he encouraged all to attend.

"CBH is owned by the growers of Western Australia and we are proud to be an extension of their business," he said.

"There are several major initiatives in progress which will improve the value we return value to growers in coming months and years and it is important they hear more about these before the new season gets underway.  

"These include the Board's decision on CBH's future structure, the need to modernise our Constitution, the roll-out of Quality Optimisation and CBH's investment in the grain rail network.

"As the biggest grain exporter in Western Australia, CBH also believes it is timely to give our members an update on the grain market outlook and our market development activities."

The meetings kick off in Carnamah on Monday, 28 March 2011 and wind up in Esperance on Friday, 15 April 2011. Mr Wandel will join Chief Executive Officer,  Andrew Crane, General Manager Operations, Colin Tutt and General Manager CBH Grain, Brian Mumme in hosting the meetings.

Click here for a full list of the meetings.

To mark the start of what will hopefully be a much better grain season in Western Australia, a Sundowner will be held after each meeting, other than Munglinup. All growers and their families are invited to attend for a light dinner and refreshments. The Munglinup meeting is in the morning and will be followed by lunch.

In recognition of the contribution by the Royal Flying Doctor Service to the health and safety of rural communities, CBH will also make a donation of $5 to the RFDS for every member that attends these important meetings.

For more information on the meetings, contact the Grower Service Centre on 1800 199 083.

[Close]
02 MarchCBH to roll out Quality Optimisation for WA wheat growers

The CBH Group has announced today that it will go ahead with a full roll out of its Quality Optimisation system this season, one of the most significant developments for the Western Australian grain industry in recent years.

CBH's grower weighted averaging system, known as Quality Optimisation, gives growers greater flexibility, control and value for their wheat deliveries at harvest.

It was trialled during the 2010-11 harvest with 216 growers participating in the trial at five sites: Salmon Gums and Grass Patch in the Esperance Zone, and Northampton, Yuna and Binnu in the Geraldton Zone. The Quality Optimisation system will be for wheat deliveries only.

CBH Group Chairman, Neil Wandel made the announcement at the CBH Group's 78th Annual General Meeting (AGM) held today in Perth. Mr Wandel said Quality Optimisation saved growers time and protected the quality of a standing crop at harvest.

"It allows growers to manage their wheat quality online through LoadNet® after delivery," Mr Wandel said.

"It squarely puts the control in the hands of growers, to manage the quality of their own wheat rather than the collective approach we had in the past."

At the meeting, CBH Chief Executive Officer, Dr Andrew Crane said the Quality Optimisation trial met the critical test - it returned value to growers.

"One of the most grower focussed ways that CBH returned value to growers last year was through the Quality Optimisation trial," Dr Crane said.

"In our post trial survey, almost 90 percent of growers reported that Quality Optimisation had rewarded them more directly for the quality they delivered, on top of the benefits of being able to bring the harvest in more quickly with less equipment. This occurred without any material impact on the quality, profile and performance of the grain out-turned to market."

In the post trial survey, growers participating in the trial reported that Quality Optimisation had reduced their harvesting time by an average of two days, lowered their freight and cartage bills slightly, and had reduced the time they spent on cleaning and blending.

In addition to the Quality Optimisation trial, Dr Crane cited many initiatives underway at the CBH Group which have created and returned value to its grower members in 2010.

These include:

  • The Grain Chain project, which has captured annual savings of $19.5 million to-date.
  • CBH keeping grain storage and handling fees flat for WA growers for the third consecutive season. When compared with the Consumer Price Index (CPI) this has saved growers around $13 million a year on average.
  • The distribution of a total of $14.2 million in loyalty payments to all growers who marketed their grain with CBH Grain between 1 April, 2009 and 31 March 2010.
  • $67 million in capital expenditure invested into CBH to provide growers with their own world class storage, handling and marketing business.

Dr Crane said this demonstrates that value to members comes in many different forms.

"The huge amount of consultation we have done through the structure review has given us comprehensive, objective information on what you (growers) value most," he said.

"The co-operative model that the Board has resolved we should go forward with will allow us to deliver that."

Dr Crane acknowledged the challenging year for grower members and the CBH Group and thanked all employees at CBH for their continued focus on delivering value to growers.

"We have many challenges ahead," Dr Crane said.

"We don't underestimate them, but I believe the future which lies ahead for CBH is an exciting one, for our growers and our employees. This is because we have certainty, clarity and confidence about what we are here for - you, our growers."

[Close]

February

28 FebruaryDiane Smith-Gander to join CBH Group Board this week

The CBH Group's Annual General Meeting (AGM) this week will mark a significant point in CBH's history with the ratification of new director, Diane Smith-Gander, the first woman to join the CBH Board.

Ms Smith-Gander will take up her appointment as a Director with special skills after the formal declaration of Directors at the AGM on Wednesday, 2 March 2011.

Ms Smith-Gander was appointed as Director Designate in December 2009 after Lloyd Guthrey, incumbent Director with special skills, gave early notice of his intention to retire in March this year following 16 years of service on the Boards of the CBH Group and the Grain Pool of Western Australia.

CBH Group Chairman, Neil Wandel welcomed Ms Smith-Gander to the Board and said she brings a wealth of experience.

"In such a competitive and dynamic business environment, it is vital that we have a range of relevant expertise among our Directors," Mr Wandel said.

"The contribution that Directors with special skills make, and the experience and skill set they bring to the Board, is invaluable in complementing the skills of the Board's nine grower Directors.

"Ms Smith-Gander's extensive experience in senior executive roles and as a company Director will be of huge value to the Board. I look forward to working with Ms Smith-Gander and all Directors as we successfully lead the CBH Group into the future."

Ms Smith-Gander is a Director of Wesfarmers, Transfield Services and National Broadbank Network Company, the company set up by the Federal Government to invest up to $43 billion delivering superfast broadband in Australia. She is also Chairman of Basketball Australia, a past director of pieNETWORKS Ltd and a former Chairman of the Australian Sports Drug Agency. Her most recent executive roles were as Group Executive, Business and Technology, Solutions and Services at Westpac Banking Corporation and as a Partner with McKinsey & Co in the USA.

Ms Smith-Gander's appointment means CBH is contributing to an increase in the proportion of Board positions held by women in major businesses in Australia - a figure that currently sits at only 10 per cent.

Mr Wandel acknowledged the contribution that outgoing Director, Lloyd Guthrey has made to the industry during his 16-year tenure.

"On behalf of the Board, I take this opportunity to thank Mr Guthrey for the invaluable commercial and financial experience he has brought to the Boards of Grain Pool and the CBH Group," Mr Wandel said.

 "Mr Guthrey played a key role in the success of the 2002 merger of the Grain Pool and Co-operative Bulk Handling and the subsequent growth of the organisation into Australia's leading grain handling, storage and marketing business."

Ms Smith-Gander will join incumbent Directors, Vern Dempster, Clancy Michael and Wally Newman in the formal declaration of Directors at this week's AGM. All three incumbent Directors were re-elected to join the Board after they nominated for election this year given their three-year terms as a CBH Director expire at this year's AGM.

Mr Michael was re-elected last week by shareholders in District 1 - the only district to hold a CBH Director Election this year. Mr Dempster and Mr Newman were re-elected unopposed in District 2 and District 4 respectively, following the closure of nominations for election on Monday, 10 January 2011.

The CBH AGM is open to all registered CBH Group shareholders. It will be held on Wednesday, 3 March 2011at the Astral Room Three, Burswood Convention Centre, Perth. The meeting will start at 3pm and with shareholder registrations open from 2pm.

[Close]
25 FebruaryCBH makes a statement on shareholder value

All Western Australian grain growers who have delivered grain to the CBH Group storage and handling network in the last three years have this week received their first Grower Value Statement from CBH.

CBH Group Chief Executive Officer, Andrew Crane said the CBH Group's Grower Value Statement provides growers with an overview of their individual transactions with the CBH Group.

"It details the real value that CBH has returned to growers," Dr Crane said.

"Each statement clearly illustrates the ways in which CBH has created and returned value to individual growers, their local communities, their local zones and their industry as a whole.

"We are proud to be a grower-owned Co-operative - one who is focussed solely on creating and returning value for our growers. The Grower Value Statement clearly outlines the ways in which the business is delivering on this commitment, whether it be creating value through investment in infrastructure for the storage and handling network, or returning value through initiatives such as the CBH Grain loyalty payment.

"CBH has a strong connection with Western Australian grain growers, their local communities and the industry in which they operate in. We wanted to recognise this through distributing a personalised value statement to every deliverer to the CBH network."

The Grower Value Statement is unique to every grower, reflecting the individual grower's delivery details, nominations to CBH Grain and rebates received for freight. 

Growers wishing to discuss their Grower Value Statement, or for more information on the statement, please contact the Grower Service Centre on 1800 199 083.

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24 FebruaryCBH Group Director Elections finalised for 2011

The Western Australian Electoral Commission (WAEC) has today advised the CBH Group that incumbent Director, Clancy Michael has been re-elected by shareholders in this year's Director Election in District 1.

Mr Michael of Mingenew stood for election against Coorow grower, Michael O'Callaghan in District 1 - the only district to host a CBH Director Election this year.

Mr Michael, along with current Directors Vern Dempster and Wally Newman, nominated as a candidate in this year's Director Elections as their three year-terms as a CBH Director expire at CBH's Annual General Meeting (AGM) next week.

Mr Dempster of Northam and Mr Newman of Newdegate were re-elected unopposed in District 2 and District 4 respectively, following the closure of nominations for election on Monday, 10 January 2011.

CBH Group Chairman, Neil Wandel congratulated all three Directors on their re-appointment.

"It is encouraging to see the re-appointment of three Directors who are currently on the Board," Mr Wandel said.

"It also shows us that shareholders value the current make-up of the Board and it is an endorsement of the Board's current strategic direction for the grower owned co-operative.

"Collectively, Mr Dempster, Mr Michael and Mr Newman hold more than 16 years experience on the CBH Board. This re-appointment of all three Directors not only ensures a smooth transition and Board continuity, it enables us to retain valuable experience at the Board level as we successfully lead the co-operative into the future."

Mr Wandel acknowledged Mr O'Callaghan for stepping forward in this year's elections.

"Mr O'Callaghan has a strong connection to the CBH Group through his history as a member of CBH's Grower Advisory Council," he said.

"I have no doubt he will continue to take an active interest in the future of the WA grain industry."

The formal declaration of Directors will take place at the CBH Group's 78th Annual General Meeting on Wednesday, 2 March 2011, which is open to all registered CBH Group shareholders. It will be held at the Astral Room Three, Burswood Convention Centre, Perth and will start at 3pm with shareholder registrations open from 2pm

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04 FebruaryCBH Grain adds to its regional network in WA

CBH Grain has added to its regional network with the appointment of two new Business Relationship Managers for Western Australia. This coincides with CBH Grain renaming its team of Regional Managers to Business Relationship Managers to better reflect the scope of the service they provide to growers.

Donna Altham has been appointed Business Relationship Manager for growers in the Lakes region and Lauren Gibson has been appointed Business Relationship Manager for growers in the Kwinana East region.

Donna will be based at the CBH office in Lake Grace and brings to the role extensive knowledge in both the livestock and grain industries. After completing her Agribusiness degree at Muresk, Donna spent the last 10 years operating the family farm in Pingrup.

Donna said her experience has provided her with a solid understanding of the day-to-day issues growers face with managing their farm business.

"I'm really looking forward to working with local growers one-on-one, learning more about their business needs and helping them to achieve the maximum value for their grain," she said.

Lauren, newly appointed Business Relationship Manager for the Kwinana East region, will be based at the CBH office in Merredin. Lauren previously worked for CBH in various roles across the business - as a sampler on sites in the Northern area of the State and in the Grower Service Centre team located in CBH's head office. This experience has equipped Lauren with extensive knowledge of CBH Grain's marketing products and a solid understanding of the Western Australian grain supply chain.

After completing an Agricultural Science degree from the University of Western Australia (UWA), Lauren worked as a Graduate Consultant with Planfarm.

"I'm looking forward to meeting growers in the Kwinana East region and using my experience to offer them advice and support," she said.

CBH Grain General Manager, Brian Mumme said Business Relationship Managers play an important role in providing on-ground support to local growers.

"I am pleased to announce the appointment of Donna and Lauren to CBH Grain's regional team," Mr Mumme said.

"CBH Grain operates the largest regional network of any Western Australian grain marketer. We understand the importance of providing growers with personal access to a locally based grain marketer - one who can help them create value for their grain and act as a conduit to the CBH Group enabling growers to access even more value from across the whole CBH business."

Growers can find contact information for their local Business Relationship Manager by logging on to www.cbh.com.au or click here.

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02 FebruaryWA lupin growers to benefit from upcoming workshops

The CBH Group will partner with the Centre of Food and Genomic Medicine, Department of Agriculture and Food WA (DAFWA), Pulse Australia and the Grains Research and Development Corporation (GRDC) to host a series of lupin workshops next week.

The workshops will kick off in Geraldton on Monday, 7 February 2011 and finish in Gibson Soak on Thursday, 10 February 2011.

David Fienberg, Manager of Australasian Lupin Processing, a CBH joint venture with George Weston Foods, said the workshops will focus on improving lupin values from feed to food.

"The workshops are designed to address many of the questions growers have on the outlook for lupins," Mr Fienberg said.

"We will cover issues such as agronomy, price outlook, food research, what's happening in the market and the discussions will be based on the experience of local lupin growers."

In October last year, the first container of dehulled lupins was sent to East Java and the second to West Java and Jakarta, where they were turned into a lupin/soybean tempe - a staple food which is popular in Indonesia.

Mr Fienberg said shipments of WA lupins into East Java are expected to continue to grow in the coming year.

For information on dates, venues and times of the upcoming workshops, please refer to the schedule below:

Geraldton          

Monday 7, February                   DAFWA regional office Geraldton                   2pm-6pm

Mingenew

Tuesday 8, February                  Mingenew Bowling Club Hall                   8.30am-12noon

Badgingarra

Wednesday 9, February            Badgingarra Community Centre             8.30am-12noon

Gibson  

Thursday 10, February             Gibson Football Club                                      2pm-6pm

For more information on the lupin workshops, please contact David Fienberg, Manager, Australasian Lupin Processing on 9237 9867 or 0427 427 226. Alternatively, email david.fienberg@cbh.com.au

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January

31 JanuaryCBH Board selects preferred model for future structure

The CBH Group is pleased to confirm that it will remain a grower owned and controlled co-operative following the Board's selection of "Enhanced CBH" as the preferred model for CBH's future structure.

The decision follows assessment of a full spectrum of models and rigorous evaluation of a short list of three potential co-operative models.

CBH Group Chairman Neil Wandel said the "Enhanced" co-operative structure provides the best outcome for WA growers, retaining the most valuable aspects of CBH's existing structure while allowing new and innovative enhancements to create further value for growers.

"This model truly puts growers at the centre of our business while retaining our valuable tax-exempt status," Mr Wandel said.

"It gives CBH a sustainable, competitive advantage in a marketplace otherwise crowded by globally-backed competitors driven by the interests of their shareholders, not the long-term interests of WA growers."

Mr Wandel said Enhanced CBH will fall within the technical definition of a Non-Distributing Co-operative under the new WA Co-operatives Act.

 "The enhancements we are exploring under this model include partial refunding of charges to reward growers for their patronage of our storage and handling network, more investment in our storage and handling network and the development and rollout of new products, services and investment instruments that will provide more value to growers and the industry.

"This structure allows us to return value to members in ways that the vast majority have asked from their co-operative. These include keeping storage, handling and freight charges as low as possible and continuous investment in maintaining and upgrading the storage and handling network.

"As a Non-Distributing Co-operative,  we will also retain the tax exemption for our storage and handling business - an exemption valued at an estimated $10-15 million in an average year and significantly more in bigger harvest years."

Mr Wandel said the proposed Enhanced structure would see the introduction of a new and modernised constitution and a transition to the new Western Australian Co-operatives Act, which the Board anticipates putting to a Member vote later in 2011.

"Over the next few months, CBH will be working to ensure this model is ready to implement. We are also planning briefings with our grower members to provide a comprehensive update on CBH's strategic vision, our new structure and our plans for creating and returning value in the seasons ahead."

Mr Wandel said the Board was united on the selection of the Enhanced CBH model and confident it would reinforce CBH's partnership with growers and ensure the co-operative and its members grew stronger together.

Growers and the Board, management and employees of CBH could now move forward with confidence and clarity, knowing the decision was the outcome of an exhaustive investigation which included unprecedented consultation with growers, expert evaluation and lengthy deliberation.

 "On behalf of the Board, let me be absolutely clear - CBH is proud to remain a co-operative," Mr Wandel said.

"Our co-operative model has seen us grow from strength to strength over more than 75 years, reflected in the fact that we are now Australia's largest co-operative.

"Our research and independent expert advice shows that co-ops can be equally as successful and globally competitive as corporate models, provided they adapt to a changing environment and the different needs of their members. That is what we are doing.

"In the Australian context, there are a number of examples of grain storage, handling and marketing organisations formerly controlled by growers which have gone down the demutualisation and corporatisation path, only to lose their focus on growers and be taken over by multinational companies seeking to provide returns to external shareholders. 

"Many growers in Eastern Australia have since commented that they are envious of the services and value provided to growers in WA by CBH, the only remaining grain organisation owned by growers and which has their interests at heart."

For background information on the Board's decision on the preferred model for CBH's future structure, please click here.

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27 JanuaryCBH to discuss 2010 performance at upcoming AGM

The CBH Group will hold its 78th Annual General Meeting (AGM) on Wednesday, 2 March, 2011 providing CBH shareholders with an opportunity to hear more about the performance and plans of their grower-owned co-operative.

The AGM will be held at Astral Room Three at the Burswood Convention Centre, in Perth. The meeting will start at 3pm with shareholder registrations open from 2pm.

CBH Group Chief Executive Officer, Dr Andrew Crane said the CBH Group's financial performance during the financial period to 30 September 2010 was reflective of the season.

"Production during the 2009-10 season came in at 11.1 million tonnes, which is just above the 10 million tonne average for the State," Dr Crane said.

"Despite this being down from the 12.3 million tonne crop we received the previous season, CBH delivered on its commitment to create and return value for growers in many ways during 2009-10.

"We completed $67 million worth of capital works and maintenance to the WA grain storage and handling network, we kept storage and handling costs flat for the third consecutive year for the 2010-11 harvest and we delivered $8 million in freight rebates to growers."

Dr Crane said one of the ways CBH returned value for growers during the 2009-10 season was through delivering its second year of loyalty payments.

"This was worth $14.2 million for Australian growers," he said.

"The $2.90 per tonne payment applied to all growers who marketed their grain with CBH Grain between 1 April 2009 and 31 March 2010."

In the 2009-10 season, CBH Grain acquired 7.8 million tonnes of the Australian crop, including around 50 percent of the Western Australian harvest.

The CBH Group's net profit for the 2009-10 year was $28.1 million. This was down from the previous year due to the impact of the smaller crop and a significant impairment charge of $38.9 million in relation to the Metro Grain Centre (MGC).

For more information on the CBH Group Annual General Meeting, shareholders should contact the CBH Group Grower Service Centre on 1800 199 083.

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17 JanuaryCBH Grain distributes $73 million in wheat pool payments

CBH Grain has delivered a total of $73 million in distribution payments to those growers who participated in CBH Grain's 2009-10 wheat pools and opted for the Distribution, Harvest or Flexi Loan payment methods.

The payment was deposited into participating growers' bank accounts or credited to outstanding loan accounts on Friday 14 January 2011.

CBH Grain Pool Manager, Aiden Blechynden said this marks the fourth distribution payment delivered to participants in CBH Grain's 2009-10 wheat pools.

"Based on APW2 grade the fourth distribution payment for the 2009-10 Harvest Pool for Wheat was $42.16 per tonne," Mr Blechynden said.

"This takes the cumulative percentage paid out to 79 percent of the pool's Estimated Pool Return (EPR) which is currently sitting at $248 per tonne, based on APW2."

In this round of payments, growers participating in CBH Grain's Benchmark Pool and the Managed Pool have received $44.42 per tonne and $44.30 per tonne respectively, based on APW2 deliveries.

Mr Blechynden said given the sales and shipping program is nearly complete, CBH Grain's 2009-10 wheat pools are expected to be finalised and paid out in March 2011. This is one month ahead of the payment dates estimated in CBH Grain's Budget Guide for pool payments.

For full details on the third distribution payment for CBH Grain's 2009-10 wheat pools, growers should contact their local CBH Grain Regional Manager or the Grower Service Centre on 1800 199 083.

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10 JanuaryNominations are in for the CBH Group Director Elections 2011

Following the closure of nominations at 12 noon today, 10 January 2011 the Western Australian Electoral Commission (WAEC) has advised the CBH Group that there are four nominations for this year's Director Elections. This includes nominations from three current Directors - two of whom have been elected unopposed.

The current Directors whose three-year terms as a Director expire at the CBH Group's Annual General Meeting (AGM) on 2 March 2011 are Vern Dempster, Clancy Michael and Wally Newman - all of whom stood for re-election as a candidate in this year's elections. Vern Dempster and Wally Newman have been re-elected unopposed in this year's elections in Districts 2 and 4 respectively, and Clancy Michael will stand against Coorow grower, Michael O'Callaghan for election in District 1.

An election will now be held in Electoral District 1 and grower members in this district will have until the close of the poll at 10am Thursday, 24 February 2011 to vote for a Director for District 1. Ballot packs containing full voting information will be mailed to shareholders residing in Electoral District 1 on Tuesday, 25 January 2011. The poll will close at 10am on Thursday, 24 February 2011 and the results will be announced following the counting of votes on the same day.   

For further information regarding the CBH Group District Director Elections, please contact Wayne Nicholson, Returning Officer from the WAEC, on 9214 0448 or email wayne.nicholson@waec.wa.gov.au.

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07 JanuaryCBH welcomes Prime Minister’s visit to Kwinana Grain terminal

The CBH Group hosted the Prime Minister, Julia Gillard and Federal Minister for Infrastructure and Transport, Anthony Albanese at its Kwinana Port Terminal today as the Federal Government reinforced its $135 million investment in the WA grain rail network.

CBH Group Acting Chief Executive Officer, Allyn Wasley said CBH welcomed the opportunity to recognise the Federal Government's support for the grain industry of Western Australia, Australia's largest State for grain exports.

 "The visit by Prime Minister Gillard and Minister Albanese demonstrates the Federal Government's significant commitment to Western Australian growers," Mr Wasley said.

"The announcement by the Federal Government, together with the State Government commitment, provides a collective funding package of $350 million for WA's grain rail network. This funding will see significant upgrades and much needed maintenance delivered to the network after decades of neglect."

Mr Wasley said the Federal and State Governments' funding package was a catalyst for CBH's recent move to invest up to $175 million in rolling stock for the above rail network.

 "Last month we announced our decision to award the long-term grain rail contract to experienced United States transportation group Watco Companies," Mr Wasley said.

"Last week, we issued a Request for Proposal to potential local and international suppliers of locomotives and we are working towards engaging a supplier in coming weeks.

"This was the first time in CBH's 78-year history that we went to tender for our rail transport task in a move designed to create greater value, efficiency and safety for grain growers and the WA grains industry. This decision has resulted in the introduction of competition for the first time in the WA grain rail freight market and the first major investment in new rolling stock for decades."

The new 10 year agreement would commence in May 2012 and will see Watco provide a comprehensive rail logistics planning service including train planning and scheduling, tracking, maintenance, inventory control and crew management.

Background

The Kwinana Grain Terminal is Australia's largest export terminal exporting, on average, around 4.5 million tonnes a year. It has a storage capacity of up to 1 million tonnes of grain.

 CBH was recently named Australia's No.1 Co-operative in the top 100 Co-operatives, Credit Unions and Mutuals list released last year by Co-operatives WA. The CBH Group is wholly owned by 4,500 WA grower members with total assets valued at $1.6 billion and a turnover of $1.5 billion.

 CBH exports around 90 percent of the annual Western Australian grain crop and loads grain for export to more than 30 destinations.

 Western Australia is the nation's largest wheat producing State, accounting on average for more than 40 percent of the nation's annual grain crop.

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06 JanuaryCBH Grain competition delivers $1,000 to local sporting club

The Rand Walbundrie Football and Netball Club is the lucky recipient of a $1,000 donation from CBH Grain after local grower, Mark Anderson was drawn as the winner of CBH Grain's 2010 grower competition.

The competition was drawn at 10am yesterday, 5 January 2011 and by entering the competition, Eastern Australian grain growers had the opportunity to nominate their local school, sporting club or registered charity to receive a $1,000 donation.

Mr Anderson said that on behalf of Rand Walbundrie Football and Netball Club he was pleased to accept the $1000 regional community donation.

CBH Grain Eastern Australia Manager, Chris Ayers, said the competition provided an opportunity for the grower-owned company to return value back to local communities in regional Australia.

"CBH Grain greatly appreciates the continued support that we receive from our growers," Mr Ayers said.

"And this is one of the ways we can return value directly back to growers' local communities. Community groups, schools and local charities play a significant role in supporting our growers and their families financially and socially - particularly important this year given the extreme weather conditions many Eastern Australian growers battled with this harvest.

"We hope this donation will assist the Rand Walbundrie Football and Netball Club with their events throughout the year and enable them to continue supporting local growers and their families."

CBH Grain's annual grower competition has been running for four years and this year the prize has been given to a local community group on the growers' behalf.  

CBH Grain is now preparing for the 2011 grower competition. This year's competition will open when it is launched at the Wimmera Machinery Field Days, Tuesday 1 March 2011 to Thursday 3 March 2011.

To contact CBH Grain, phone the Grower Service Centre on 1800 107 759 or email cbhgrainEA@cbh.com.au

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