Clyde Agriculture managing director John McKillop says buying cotton properties, like Toorale or Cubbie Station, is not going to save the Murray-Darling river system.
Mr McKillop has been in the media spotlight in the recent weeks following the sale of the company's Bourke grazing and cotton property, Toorale Station, to the NSW and Federal governments.
Mr McKillop defended the decision to sell out to the Government, which intends to dismantle the station's storages to return water to the Darling River, saying that the company would always pursue the best price available.
"I can understand that people might be upset about the sale of Toorale to the Government," Mr McKillop said.
"Clyde will continue in the future to be a large part of the community in the Bourke, Coonamble and the Walcha regions where we operate.
"It is profits that will allow us to continue to be part of those communities, and I don't make any apology for taking the best price on the day."
Instead, Mr McKillop says the Murray-Darling water debate should be about making all regions more water efficient, rather than just focussing on the northern Basin.