Recent comments by: John Smith
Jock, I would love to see proof that merchants are eroding quality? If competition has eroded quality here then it must have eroded quality everywhere else. Maybe we should have a quota system and export licenses like Russia and China? The fact is the grain market under single desk was inefficient, bloated, and did not return value to growers. Only pure competition will deliver what the customer desires. Its economics 101...
Jock Munro - Merchants are losing money in this deregulated market place. The current cost of replacement on the track market is about $20 ABOVE export parity. Thats the effect competition has.
We need to focus on providing increased investment into the Agricultural sector, which wouldnt have happened during teh Single Desk period.
@JockMunro, the single desk is gone and never coming back. So we can either fight an unwinnable battle, or embrace profitable change and move on.