GrainCorp-style drought insurance could help farms handle big dry

Andrew Marshall
Updated March 12 2024 - 11:51am, first published 11:30am
Seven years between 2010 and 2020 were accompanied by climate pressures which left Australian broadacre farmers averaging negative profits. File photo.
Seven years between 2010 and 2020 were accompanied by climate pressures which left Australian broadacre farmers averaging negative profits. File photo.

To survive the intensifying impact of climate volatility on farm profits, farmers may need to turn to a new insurance strategy similar to the drought protection cover adopted by grain handling giant, GrainCorp.

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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