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Abb Exporting First Bulk Wheat To New Zealand

Contributor:
Fuseworks Media
Fuseworks Media

20 OCTOBER 2008 - Port Lincoln in South Australia is today involved in loading ABB Grain's first bulk export shipment of wheat to New Zealand under the deregulated market, following the berthing in port of the Hong Kong-registered, Sheng Mu.

The Sheng Mu is now loading around 16,000 tonnes of wheat (mainly APW and hard wheat) before setting sail tomorrow afternoon for New Zealand, where the grain will be unloaded in Tauranga.

ABB general manager - marketing, Peter Jones, said the exporting of wheat from across Eyre Peninsula for a customer in New Zealand signalled a new era in trade between the two regions.

"Previously, international customers were restricted to buying Australian wheat from the single-desk operator. Since late last year they were also able to buy it from other approved exporters but the wheat had to be in containers or bags," Mr Jones said.

"So, this is the first time ABB in its own right has been able to export wheat to New Zealand in bulk and comes just days after last week's loading of the Ma Cho in Port Adelaide with bulk wheat for Papua New Guinea."

Mr Jones said that ABB grain had an intensive wheat shipping program planned for the months ahead and this would intensify further once new season's grain was available from the current harvest which was just starting.

"Our greatly ramped up wheat export program will be supported by national accumulation efforts and a suite of pool products we've put together for wheat, canola and barley, the initial details of which we released last Friday," Mr Jones said.

"ABB is going to build on markets we've developed in recent years; some of these are customers for other grains who've been itching to buy wheat from us but were previously denied that opportunity because of the old export restrictions.

"ABB will also be pursuing new international customers, informing them of our past track record as a grains marketer, our expertise in understanding international markets and our logistics and shipping capabilities.

"Overseas wheat customers highly value Australian grain and Eyre Peninsula farmers grow some of the best wheat in the world, so we'll probably see quite a few more wheat ships in Port Lincoln in the months ahead."

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