Farmer Jae

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ABB is obscene

June 1st, 2008 · No Comments

I know that grain isn’t the only commodity that ABB handles but a 33.6 million half year profit is obscene. Especially when your main core business is handling and marketing grain.

Rural ABC News

It gets me grumpy when the middle men make ridiculous amounts at the farmers expense - Sure those farmers lucky enough to have shares will get a small dividend but if you ask them they’d prefer a better price per tonnage than a dividend - even more so now input costs are continuing to go up and up.

This is yet another example of fat gits in business suits making money off the farmers hard effort.

I can hear the devils advocate saying ” how would you transport and sell your grain without them”.

My answer is - farmers did it before ABB and I’m sure they’d be able to organise themselves to do it again!

Tags: Farming · grain · politics · rant

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