Richard Allen
speaker
173 appearances
2 recordings
1 series
first heard Jul 2026
last heard 13 Jul
Richard Allen’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 2.
Appearances
I think they just reported 4.5% GDP growth for the 12 months.
So 4.5%, most of us would take that in terms of GDP.
So they're going all right.
They're a big, important market for us, both from a food service and ingredients.
I think we're getting a lot better at it.
I think COVID taught us a lot in terms of needing to be agile and flexible.
Overnight, markets would shut off, supply chains would shut down.
Then we've had, obviously, the various supply chain crises that we've had over the last five years, whether it be ships running aground, ships running into bridges, wars, you name it, we've kind of had it.
So we're getting much better.
When we talk about innovation and we talk about investment,
Our job is to build that optionality in our asset base so that when demand changes, when prices change, when the markets change, we have the ability to change with it and ensure that we're maximizing value for our farmers.
I think, I mean, our farmers, there's been a huge amount of debt repaid over the last sort of five to six years.
You know, it is important when you think about a cooperative, you've got to think about debt in the wider sense, not just debt on farm, but also debt in the co-op.
And the co-op's in great shape.
You know, our gearing ratio is now below 20%, which means...
Our farmers can ensure that the co-op is strong.
It can go through cycle.
It will go through the ups and downs.
On farm, there has been a massive focus from our farmers, but also from the banks in ensuring that principal is getting repaid.
And our farmers are in a much stronger position, I'd say, than they were 10 years ago.
Showing 61–80 of 173 · page 4 of 9
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