October 25, 2011

CBH opens harvest pools for 2011/12

CBH Grain announced the opening of its harvest pools for wheat, barley and canola for the 2011/12 harvest on October 24 (Mon).

Richard Simonaitis, CBH Grain, head of accumulations, 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% owned by growers and focused 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 is 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% for our advance and loan payment options."