Press Release

Western Australia’s leading farm organisation, the Pastoralists and Graziers Association (PGA), says the decision of the CBH board not to enter into a Process Agreement with Australian Grains Champion (AGC) should come as no surprise. 

The PGA is disappointed that the Board seems intent on acting as a gatekeeper and preventing its grower members from being allowed to consider the AGC proposal in its entirety. 

Instead, CBH announces it is to embark on a process of grower consultation to determine future possible structures.  This is a technique designed to obfuscate and delay and will have all the elements of a push-polling exercise.  There will be nothing genuine in this. 

Despite being the most significant injection of capital onto grain growers’ individual balance sheets in recent times, CBH claims the AGC proposal would destroy value and does not deliver the best outcome for its grower members.  These are manufactured and highly contestable assertions. 

What is the CBH board afraid of? 

The full and comprehensive AGC offer should be made available to CBH grower members and for the matter to be decided by them.