Storage fees on hold
The CBH Group will keep storage and handling fees flat for a second consecutive year this season, with growers to be up to $15/tonne better off than their eastern states counterparts.
CBH operations general manager David Capper said the hold on fees was primarily driven by the record harvest last year combined with increased efficiencies, which have put the co-operative in a strong financial position.
‘‘As a result of a continued focus on reducing costs, we’re in a position to hold all our storage and handling fees flat and absorb inflation increases for the 2017-18 harvest,’’ Mr Capper said.
‘‘Along with a rigorous capital management policy in place, we’re able to continue funding and delivering the network strategy.
‘‘We remain focused on delivering the most efficient and cost effective supply chain so that we remain competitive nationally and around the world.
‘‘Holding our fees is just one of the ways we create and return value to growers and is a key benefit of our co-operative structure.’’