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A media release from AGG Co-op... Built by growers, For growers.
Friday September 23, 2016

AGG Co-op welcomes new director and reports strong performance at AGM

The Australian Grain Growers’ Co-operative (AGG Co-op) has this week welcomed Richard Konzag as its newest board member at its AGM held after the Hart Field Day on Tuesday September 20.
 
The AGM also saw the re-election of board members Andy Barr and Andrew Polkinghorne, whose terms as director had expired.
 
Chairman Andrew Polkinghorne reported to members the Co-op’s strong underlying financial performance following its recent restructure, indicating a bright future ahead. He said the team was looking forward to working with Mr Konzag, who is a grain grower at Mallala in the State’s Lower North.
 
“Richard brings years of experience to AGG including qualifications as a graduate from the Institute of Company Directors and service as a GRDC Southern Panel member,” Mr Polkinghorne said.
 
“We are fortunate to have such a talent available and we’re excited to have him on the team.”
 
Mr Konzag currently crops about 1800 hectares to wheat, durum, barley, beans, lentils, canola and oaten hay. He has served in positions on the SA Advisory Board of Agriculture, the Plant Biosecurity CRC Grains Advisory Panel and the Research Development & Extension Committee (RD&E) of Grain Producers SA.
 
At the AGM, Managing Director Bruce McDonald provided an update on the company’s plans for the next 12 months, which include working again with experienced pool manager, grain marketer and accredited exporter Plum Grove.
 
“This is our second year working with Plum Grove following the restructure and we’ve seen them perform successfully for our members and grain grower participants, so we’re looking forward to working with them again,” Mr McDonald said.
 
“We know how they operate and they know how we operate, so our strengths are complementary. Our business principles align and they understand that we work on behalf of grower members.”
 
Mr McDonald said that with current grain prices, he expects a high level of interest from growers in managed programs into the 2016/17 harvest. 
 
“We expect growers will be warehousing stocks this year before deciding what market exposure they want and their cashflow needs so we’re offering several programs specifically tailored to meet those needs,” he said.
 
AGG has also this year created a new website and social media presence to engage with growers of all ages and locations. Growers are encouraged to follow AGG Co-op online to keep up to date with future program launches.

ENDS
For interviews:
Andrew Polkinghorne, Chairman, 0427 212 679
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