Record profit share for OSR growers

Members of United Oilseeds will receive their third consecutive profit share payout this year after a successful year of trading for the company. Group net worth has increased from ÂŁ2.72m in 2006/07 to ÂŁ4.04m in 2008/09.
A record payout of ÂŁ340,000 will be split between the 3100 members who trade crops and buy seed via the company. It takes the total amount paid back to members to almost ÂŁ1m over the past three years.
Managing director Chris Baldwin said that despite volatile prices, the company’s pool pricing mechanism had worked “exceptionally well”. It had also maintained a 25% share of UK oilseed rape seed sales, which included new varieties such as Vision, DK Cabernet, Eifffel and Emerson.
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