AUSTRALIAN Grains Champion has refused to provide CBH with further information on its corporatisation proposal.
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CBH requested an expansion on several key points of the group's proposal at its annual general meeting on Wednesday.
In a statement released this afternoon, CBH has indicated it will assess the proposal on the detail it does have with the best interests of growers in mind.
Among CBH's concerns with the AGC proposal highlighted this week was lack of detail on the network re-gaping plan and the long term plans for storage, handling and transport charges beyond an initial five-year CPI cap on charges.
However, AGC director Clancy Michael has hit back at CBH’s information request, saying the CBH board does not require further information to make a recommendation at this stage.
He said CBH needed to let growers decide to participate and open the proposal up to them by signing onto the process agreement.
According to Mr Clancy, the details being sought would be provided by AGC in the next stage of the agreement.
AGC is seeking CBH board approval for the process agreement by March 18.
See next week’s Farm Weekly for more details.
Rachael Oxborrow
Grains writer for Farm Weekly.
Grains writer for Farm Weekly.
