Grain Marketing News

Grain growers in Southern NSW and Victoria will see more competition entering the export market next year with CHS Broadbent announcing the development of a new 80,000 m etric tonne bulk grain export terminal in Geelong, Victoria. The grain export terminal will be owned and operated by CHS Broadbent with construction on the five hectare site expected to begin in 2024. The facility will boast fast road and rail unloading capabilities and market leading grain handling technology to ensure quick turnaround times and the efficient loading of bulk export vessels. The addition of Australia’s newest export terminal will add more competition and provide more opportunities for growers to connect directly to the export market. CHS Broadbent Managing Director Steve Broadbent said it is an exciting time for the company and growers in Victoria and Southern New South Wales. “Quality service to farmers is at the core of everything we do at CHS Broadbent and the addition of an export terminal to our supply chain service will see further value delivered to growers, right back to the farm gate. “The terminal will be designed with an annual export capacity of 1.5 million metric tonnes. In an average year we project we will export around 1 million metric tonnes which equates to approximately 13 turns per year. “We’re excited to bring our fast turnaround times, amazing staff, local knowledge and global connections to Australia’s newest grain export terminal when we start exporting from the terminal,” Steve said. The new development is a result of CHS Broadbent and Midway Limited entering a land sale agreement for five hectares of the Midway Limited site at North Shore, Geelong. Brian Schouvieller, Chairman of the CHS Broadbent board and CHS senior vice president for trading and risk management said CHS Inc is excited to embark on this key investment in Australia’s newest grain terminal. “The Geelong location extends our supply chains in the Asia-Pacific region and provides farmers with a unique opportunity to connect with our global network.” ENDS Media Contact Steph Buller | 0447 486 934 | s.buller@chsbroadbent.com 

With Jess Kirkpatrick

With Jess Kirkpatrick

With Jess Kirkpatrick

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