Insurance payment no problem for GrainCorp

Gregor Heard
Updated November 14 2020 - 12:25pm, first published 12:14pm
Robert Spurway, GrainCorp, says paying out on the crop production contract the company has with insurer White Rock is a good thing as it means the company is making dollars elsewhere.
Robert Spurway, GrainCorp, says paying out on the crop production contract the company has with insurer White Rock is a good thing as it means the company is making dollars elsewhere.

IT IS counterintuitive for a business to be delighted to have to shell out a cool $70 million, but that is exactly the position bulk handler GrainCorp finds itself in.

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Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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