Agribusiness

And in other news, despite all this talk of investment in agriculture, total appropriations to DAFWA will decrease over the out years of the budget, from an actual investment of $156M in 2014/15, to a planned allocation of $108M in 2019/20.
13/05/16 01:03 AM
Simply, Mr Hassell wants his cake and wants to eat it too. The best thing he could do for his family, the constituents of O'Conner and the CBH members is stay at home permanently. Pick those rocks John. You've been driving past them for 15 years!
Investors are fickle who ever said buying shares was a 100 percent reliable,, should the court decision go against the coop,,what about other companies whose share drop because of uncontrollable market pressures
18/05/16 11:50 PM
You have to wonder at the MLA and Cattle Council. Are they ostriches?
To call the Unit Trust a "hybrid" is misleading - it suggests that they have a potential to convert to equity - which is not correct. MG remains 100% supplier owned and unit holders have no equity rights whatsoever over the company.
Also, while MG's Exec Mgmt, Board & Advisors have shown incompetence in pushing forward with the IPO in the face of collapsing milk prices (and maybe failed their continuous disclosure responsibilities) I would add that any IPO investor in the Unit trust who did their homework, should have seen what was coming - caveat emptor
11/05/16 12:28 AM

Cropping

Why would we do this when the world is crying out,and paying for, organic produce?
07/05/16 05:55 AM
Why would growers support a marketing levy on grains?
Middlemen merchants now have complete control of the industry and throwing growers' money at marketing will make no difference to the product.
We once had the single desk which allowed us to provide a quality product and service to our loyal and appreciative overseas customers .
22/05/16 09:59 PM
DELUSIONAL !!!!
15/05/16 10:29 AM
This so called 'Mexican standoff' is all that we could expect in a deregulated market place that is run by merchants and not by a single seller as we once had via the single desk national pooling arrangement.
Unfortunately it could well get a lot worse in a huge production year with the same global high stocks position .
What Daniel Cooper (and his colleagues who supported deregulation)will learn the hard way, is that merchants do not make the price and they will sit on the fence until the grower is eventually forced to sell.
05/05/16 06:32 PM
It is difficult to see how this committee can achieve anything for producers particularly grain farmers.
Dan Cooper was a strident supporter of wheat deregulation and Geoff Honey from the merchant's association is also on board.
Andrew Weidemann was also in favour of wheat deregulation but is obviously uncomfortable with the outcome.
How any wheat grower could have supported wheat export market deregulation and loss of grower control is anyone's guess.
Unfortunately it will take a severe market collapse before anything can be done to right the wrongs.
03/05/16 08:07 PM

General

Let us not forget, especially for MG, that this is a co-operative and should we also claw back any dividends or capital growth from their shares? Also what about the step-ups received over the last few years? Can't have it both ways unfortunately. Whilst relevant in NSW, QLD and WA the liquid milk market in MG heartland accounts for what, about 6% of production? The problems exist in the export market and a lack of connection between global pricing and farmgate pricing - within (again at MG) a Farmer owned co-operative!!
23/05/16 06:22 AM
Its hard to fathom why the coalition can't understand why this tax will hurt the very constituents they are supposed to be representing. Then again, the coalition has signed the French Submarine contract, which appears to be just as grossly idiotic.
17/05/16 10:01 PM
Who provided the evidence u refer to in this report to make such claims as increased profitability? let me guess Monsanto. Is this report really just a way for companies to promote their wares to the govt and as in the case of our acceptable daily intake recommendations that research is not independently proven? eg I constantly see references to GM crops higher yielding and increased oil content, aren't these gains a result of conventional breeding (in the absence of resist weeds or bugs), are the gains of traditional breeding methods been used to justify the economic relevance of GM?
16/05/16 09:10 PM
If there was any understanding of this the package should have been much quicker. People dry off cows or sell pretty quickly so like Fonterra, a responses delayed by weeks means decisions made that cannot be reversed.
I hope they have a NSW Senate candidate.
16/05/16 11:45 PM

Livestock

Shame Barnaby, we need profitability not gimmicks. This is at least 100 years behind the game.
28/04/16 02:36 AM

COMMENTS

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Of course Mr Birchnell would sing the praises of Cattle Council and MLA. Compulsory levies
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$1/lt milk's arrival came with a plan to deal with protesting farmers the customer comes 1st
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Let us not forget, especially for MG, that this is a co-operative and should we also claw back
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