GrainCorp banks on $58m insurance boost to drought-hit revenue

Andrew Marshall
Updated February 26 2020 - 9:54am, first published February 20 2020 - 2:00pm
Chairman, Braham Bradley, with the GrainCorp board, addressing Wednesday's annual general meeting in Sydney.
Chairman, Braham Bradley, with the GrainCorp board, addressing Wednesday's annual general meeting in Sydney.

Despite a mostly dismal harvest and a sharp fall in grain storage and export activity in eastern Australia, GrainCorp set to reap almost $58 million in "crop production" payments to make up for its harvest shortfall.

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).

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