Rabobank will sup­port Bur­nett live­stock sale

Central and North Burnett Times - - FEATURE -

RABOBANK, the world’s lead­ing food and agribusi­ness bank, has thrown its sup­port be­hind the Bur­nett Live­stock All Breeds Steer Sale.

Rabobank’s se­nior ru­ral man­ager at Bund­aberg Chris Ellem said Rabobank wel­comed the op­por­tu­nity to be in­volved in this key lo­cal event.

Mr Ellem said while the re­gion was look­ing for some timely rain to ease the drier than nor­mal con­di­tions, he was ex­pect­ing a strong yard­ing for the steer sale.

“It is dry at the moment, how­ever there are some good cat­tle out there and we have seen some strong prices for the right cat­tle over the past month,” Mr Ellem said.

This is the first time the Rabobank Bund­aberg branch has spon­sored the Bur­nett Live­stock Steer Sale.

Mr Ellem said events like this were im­por­tant for the lo­cal branch to spon­sor.

“At Rabobank, we like to sup­port the com­mu­ni­ties we live and work in,” he said.

“Rabobank’s key fo­cus is agri­cul­tural and we back up this ser­vice to ru­ral and re­gional ar­eas with our Food and Agribusi­ness Re­search Unit, which boasts a team of se­nior an­a­lysts to cover all ma­jor ru­ral com­modi­ties.

“This ser­vice con­tin­u­ally pro­vides our clients with up to date in­for­ma­tion about their com­mod­ity and fu­ture trends.”

Mr Ellem grew up on a sheep and cat­tle prop­erty at Bar­cal­dine and is no stranger to the beef in­dus­try or ru­ral com­mu­ni­ties.

“I have ba­si­cally been work­ing in, or with, the ru­ral in­dus­try all my life,” he said.

“Af­ter fin­ish­ing univer­sity, I worked for a live­stock agency, worked on prop­er­ties in west­ern and north­ern Queens­land and spent time as a ru­ral fi­nan­cial coun­sel­lor be­fore join­ing Rabobank 11 years ago.”

In a world where Aus­tralian pri­mary pro­duc­ers are ex­tremely im­por­tant to the global food chain, as food de­mand is pro­jected to out­strip sup­ply, Mr Ellem said it was im­por­tant Rabobank sup­ported events like the Bur­nett Live­stock Steer Sale.

RU­RAL BANK: Se­nior ru­ral man­ager of Rabobank Bund­aberg Chris Ellem said although it was dry there were some good cat­tle in the area and prices re­mained strong.

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