According to ABB, grain pooled with the company will be overseen by a new Pooled Grain business unit which would work as "grower advocates" in managing the pools, to ensure a "strong, sustainable return for growers".

"Our pool management team will draw on the experience of our trading and logistics staff and apply a disciplined approach to risk management and value creation as sales are progressively made to domestic and international customers," ABB general manager for marketing, Peter Jones, said.

Mr Jones said ABB's existing international customers have said they want to buy bulk Australian wheat from us and "we look forward to meeting that demand, whether it’s from existing or new customers".

Planning for the 2008 season barley, canola, and wheat National Pools was well advanced and full details would be announced shortly.

"It will be a simplified approach to pooling with an ABB National Pool for each of the major commodities, coupled with transparent grower payment options," Mr Jones said.