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Wheat Export Authority. Growers Report 2006. WEA’s Statement to Senate. The WEA currently has two responsibilities: Monitoring AWB(I)’s export performance and reporting on benefits to growers, and Controlling non-AWB(I) exports (less than 5%). WEA does not monitor commercial conduct of AWBL.

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Wheat export authority

Wheat Export Authority

Growers Report 2006


Wea s statement to senate
WEA’s Statement to Senate

  • The WEA currently has two responsibilities:

    • Monitoring AWB(I)’s export performance and reporting on benefits to growers, and

    • Controlling non-AWB(I) exports (less than 5%).

  • WEA does not monitor commercial conduct of AWBL.

  • WEA supports Cole’s recommendation of a review of powers, functions and responsibilities.


Comments on growers report
Comments on Growers Report

  • Generally favourable media, for example ProFarmer said:

    “The latest Growers Report positions the WEA as an authoritative, independent and very valuable industry resource (ie. what it should have been in the first place) that should be utilised as a circuit-breaker in the current debate.”

  • Few unfavourable comments, for example:

    “There was more examples of political manipulation in the anti-AWB views expressed by the Government appointed Wheat Export Authority in the 2006 Grower Report.” (J. Munro, Stock & Land 1.2.07)


Comments on growers report1
Comments on Growers Report

  • 443 reply cards to date:

    Majority found it useful to growers …

    • Well done- keep the information flowing

    • Easy to read format

    • Very thorough, Thank you!

    • More information on how the fee to AWB Ltd. was reduced from $65.1m to $39.5m

    • The report to growers has been long overdue. Keep the information flowing to Wheat growers... "Well Done!"


Key findings
Key Findings

  • Supply chain costs increased by 3% and are higher in QLD and NSW.

  • AWB(I) obtained a premium of between $0.80 (AH) and $6.16 (feed) per tonne (net).

  • AWB(I) outperformed WIB by $18.50 (gross).

  • AWB Ltd’s foreign exchange performance protected National Pool.


Key findings1
Key Findings

  • No evidence of ‘dumping’ lower grade wheat into Pool.

  • Non-AWB(I) exporters gained better prices for container and bag exports (further analysis provided in the Addendum).

  • Shipping delays to India cost AUD 9,576,901.

  • AWB Ltd’s market power unable to influence country storage and handling costs (addressed further in the Addendum).

  • All 2004-05 sales contracts analysed were reconciled.


Key findings2
Key Findings

  • Remuneration provided AWB Ltd an increase share of National Pool equity.


Services agreement
Services Agreement

  • Agreement for the provision of services to AWB(I) by AWB Ltd.

  • Current agreement is still in place.

  • Termination provision exists.

  • Dispute resolution.

  • New Service Agreement currently on hold.



Information provided to awb i
Information provided to AWB(I)

  • Country of destination

  • Tonnage

  • Grade(s) of wheat

  • Shipping period

  • Shipping method

  • Additional information (only given to AWB(I) if the applicant agrees in writing)


Total exports in bags and containers
Total exports in bags and containers

Source: WEA and ACS Data.


Non awb i top 10 countries container and bag exports
Non-AWB(I) top 10 countries container and bag exports

Source: ACS Data 1September 05 to 30 December 06.


Awb i top 10 countries container and bag exports
AWB(I) top 10 countries container and bag exports

Source: ACS data 1 October 2005 to 30 September 2006


Awb i top 10 countries for bulk exports
AWB(I) top 10 countries for bulk exports

Source: WEA & ACS Data from 1 October 2005 to 30 September 2006


Addendum to the growers report 2006
Addendum to the Growers Report 2006

  • On website by end of March 2007:

    • Management of 06-07 Pool

    • Interaction – pools and drought

    • Tigris debt issue

    • Monitoring AWB(I) – remuneration, OPI

    • Infrastructure – storage and handling, rail

    • Non-AWB(I) analysis


The end

THE END

Thank you