Stor­age fees on hold

Shepparton News - Country News - - ROYAL MELBOURNE SHOW 2017 -

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.’’

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