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WEA confident wheat exporters in good financial shape

Posted on 31 October 2008

From Farmonline.com.au: Wheat Exports Australia (WEA) says it is confident new companies accredited to export wheat for the first time this year have enough money in the kitty to do so. But WEA won’t be going back over the books in light of the current financial crisis and it can’t be held responsible if an exporter goes bust.

WEA’s chief executive officer, Peter Woods, said this week that his board took a thorough look at every element of finance and risk management of the companies which applied to export wheat under the newly deregulated system….. Full Article: Source


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