FG BUY&SELL        FARMERS WEATHER       ARABLE FARMING        DAIRY FARMER      FARMERS GUARDIAN        AGRIMONEY        OUR EVENTS        MEMBERSHIP BENEFITS        BLOGS        MORE FROM US

You are viewing 1 of your 2 free articles

You’ll need to join us by becoming a member to gain more access.
Already a Member?

Login Join us now

Farmers left waiting following Wellgrain administration

Don't Miss

The grain trader appointed administrators last week

Twitter Facebook
Share This

Farmers left waiting following Wellgrain administration #clubhectare

Farmers have been left playing a waiting game following Wellgrain going into administration.

 

The company appointed administrators on March 2.

 

Cambridgeshire farmer and chairman of NFU Ely and Soham branch Luke Palmer said he had been left without payment.

 

“Basically, it is irritating beyond belief,” he said.

 

“I do not think we are going to get any money. Sadly, we can do absolutely nothing. We are just having to sit and wait.”

 

He has advised anyone affected to contact NFU Callfirst on 0370 845 8458.

 

He added farmers affected should be honest with their suppliers they owed money to about the situation.

 

While some farmers were owed considerable amounts of money, others have grain in storage with the company which has not yet been sold.

 

Mr Palmer said he felt cheated.

 

“A lot of farmers feel cheated. They have put a lot of trust in the company.”

 

Administration

 

A spokesman for Grant Thornton confirmed administrators had been appointed.

 

“The company, based in Cambridgeshire UK, is a trader of agriproducts and employed 31 staff, all but three of whom were made redundant following the administrators’ appointment.

 

“The administrators are currently exploring a number of different options for the future of the business."

 

The administrator will send out a report within 8 weeks of the date of appointment.

Twitter Facebook
Rating (0 vote/s)
Post a Comment
To see comments and join in the conversation please log in.

More News

Drop tariffs on food produced outside the UK for low prices, says Gove

Defra Secretary Michael Gove has hinted the Government could drop tariffs on food which is not produced in the UK to reduce prices for shoppers after Brexit.

'Lame duck' - damning report into Scottish Government's farm payment system

Scottish Government’s rural IT system was still not delivering value for money and continued to struggle to process support payments, a damning report highlighted. 

EU Commissioner: No winners from Brexit but dairy sectors must work together

EU Commissioner Phil Hogan has assured the UK dairy industry he will be looking to work together ’whatever the outcome of Brexit’ at the annual Dairy UK dinner

EU Referendum, one year on: An in-depth look at access to labour

Lucia Zitti, the NFU’s Brexit and international trade adviser, continues FG’s week-long mini-series exploring what has changed for farming in the twelve months since the EU referendum.

Outbreaks of black-grass in ‘new’ areas will be resistant

Black-grass appearing for the first time on farms which have not previously experienced it will almost certainly be resistant to herbicides, according to leading expert Stephen Moss.
FG Insight and FGInsight.com are trademarks of Briefing Media Ltd.
Farmers Guardian and FarmersGuardian.com are trademarks of Farmers Guardian Ltd, a subsidiary of Briefing Media Ltd.
All material published on FGInsight.com and FarmersGuardian.com is copyrighted © 2016 by Briefing Media Limited. All rights reserved.
RSS news feeds