GrainCorp profit hits $142m after big harvest year

Andrew Marshall
Updated November 22 2017 - 7:03am, first published November 21 2017 - 1:30pm
Surging energy costs will weigh heavily on GrainCorp’s future grain processing investment decisions in Australia says managing director, Mark Palmquist.
Surging energy costs will weigh heavily on GrainCorp’s future grain processing investment decisions in Australia says managing director, Mark Palmquist.

Last season’s monster harvest and a big export program have helped big east coast grain handler and marketer, GrainCorp, post a four-fold increase in its statutory full-year net  profit to $125 million.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

Get the latest Farmonline news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.