What possible solution could there be to this thorny dilemma?
DROUGHT-stricken wheat farmers will tomorrow get an offer they can’t possibly refuse – except that it would be illegal to accept it.
The Australian understands that bulk handler CBH will tomorrow offer wheat farmers about $270 a tonne for their wheat, to meet soaring demand in Indonesia and Malaysia.
But the offer cannot be accepted. Wheat farmers can only sell to AWB, which yesterday announced that its pool price would be somewhere between $245 and $255 a tonne.
Single desk supporters (I know there’s a few of you reading) – defend this if you can.
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