WEST PERTH, AUSTRALIA — CBH Grain announced on Oct. 24 that it has opened its harvest pools for wheat, barley, canola and lupins for the 2011-12 harvest.

Richard Simonaitis, CBH Grain, head of accumulations, said pools have traditionally played a major role in grain marketing plans over the years and CBH Grain’s harvest pools have always been a consistently well performing and reliable option for growers.

“As the only organization in the Australian grain industry that is 100% owned by growers and focused on their long-term interests, CBH Grain has consistently delivered a strong and reliable performance for growers with our harvest pools,” he said.

“Cash flow is no doubt a major factor to consider when marketing grain and that’s why we have designed our pools to offer a range of payment options, so that growers can match payments to their individual cash flow and taxation requirements. We offer a competitive interest rate of 7.0% for our advance and loan payment options.”