SUGAR BILL VOTE IS NEAR
Wilmar, COFCO and Mitr Phol have since early 2014 continued to avoid the pro-competitive, pro free market issue of canegrower choice of the entities that may market the sugar for which growers have price exposure under their cane supply agreements with the millers, which would still allow all millers to market all the sugar they are able to secure in a competitive market scenario.
There is a strong perception that these foreign owned millers are not
overly interested in the needs of growers, who along with government are just being strung along, with millers intent on implementing their monopoly corporate model.
The Sugar Industry (Real Choice in Marketing) Amendment Bill 2015 and any proposed amendments will now be debated and voted on in the final sitting week for 2015 of the State of Queensland Parliament on December 1-3.
I hope that the people’s faith in their elected representatives will rise above the global corporate myopic focus of these millers’ demands.
Delivering the opportunity for a procompetitive, pro free market canegrower choice model will not dent foreign investment.
It will also shore up the confidence to invest by our 4000 small business farming families that are growers of sugar cane, thus playing a significant role in supporting their own regional communities.
Kerry Latter, Chief Executive Officer, Canegrowers