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CBH Group exports from four ports in Western Australia, including Esperance Port.

Complexity may cruel CBH offer

ANALYSIS: CBH has served WA grain growers for more than 80 years, but debate is raging about whether now is the time to kill the co-op.

Farming can be a lonely business, but right now about 4,150 grain growers in Western Australia are sharing a common thought about the truth of the saying that ‘a bird in the hand is worth two in the bush’.

The bird in this case is CBH Group, a business that started life as Co-operative Bulk Handling, with wheat-growing farmers as its only shareholders.

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Comments

NSW
Co-operatives, unsuitable to the modern business era? try telling that to 13,000 farmer shareholders of dairy giant Fonterra, 7 million customer owners of Desjardin Bank, Canadian mutual bank ranked second safest in the world or 170,000 fans who co-operatively own FC Barcelona, second richest foot club - I could go on, another 3 million times. Co-ops have 1 billion members globally. 30% of global agriculture is co-operatively owned. Look again. Here's just the Top 300 of those 'under achievers': http://monitor.coop

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WA Revenue most recent financial year

1st-CBH Group$3.72bn
2nd-KB Foods$513.5m
3rd-Wellard$512.3m
4th-Craig Mostyn Group$420.0m
5th-Geraldton Fishermen's Co-operative$360.0m
64 agribusiness ranked by WA revenue most recent financial year

WA export revenue

6th↑Gold Corporation$6.39bn
7th↓Mitsui & Company$4.73bn
8th↑CBH Group$3.21bn
9th↓Alcoa of Australia$3.05bn
10th↓Hancock Prospecting$2.63bn
46 exporters ranked by WA export revenue most recent financial year

WA Revenue

1st-CBH Group$3.72bn
2nd↑HBF$1.56bn
3rd-St John of God Health Care$1.30bn
4th-RAC$660.8m
5th↑Geraldton Fishermen's Co-operative$360.0m
44 not for profit businesses ranked by WA revenue most recent financial year

Number of Employees

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