GrainGrowers chairman reaffirms grain strategy

by World Grain Staff
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WAGGA WAGGA, AUSTRALIA — Grain Growers Limited said on Oct. 27 that it will move ahead with plans for grain industry improvement after a successful Annual General Meeting (AGM) in Wagga Wagga on Oct. 26.

GrainGrowers chairman John Eastburn said there was strong attendance at the 53rd AGM, with more than 90% of members voting in favor of important constitutional changes.

"As a result, the constitution has been updated to reflect our new strategic plan and role as Australia’s only national, independent, member-based, financially sustainable, technically resourced, grain producer organization," Eastburn said. "The geographic boundaries used in the constitution have been refined to enable national coverage.”

"As a result, from next year two additional grower directors will represent the newly-defined Western Region, which covers Western Australia and South Australia."

Other changes included adding an "ordinary member" category and removing references to GrainCorp shares, which GrainGrowers sold in January for A$53.5 million profit.

"The financial results of 2011 are impressive — there is a very strong balance sheet and no debt," Eastburn said.

GrainGrowers' inaugural National GrainGrowers Summit, held in Wagga Wagga in the lead up to the AGM, allowed members to discuss issues and opportunities with staff and invited speakers.
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