Diversification the saviour for GrainCorp

By Andrew Marshall
Updated September 27 2018 - 12:30pm, first published February 23 2018 - 7:00am
GrainCorp managing director Mark Palmquist said the company's expanding diversification into malt and oilseed processing and new overseas storage and logistic ventures, was mitigating the affect of the poor Australian harvest.
GrainCorp managing director Mark Palmquist said the company's expanding diversification into malt and oilseed processing and new overseas storage and logistic ventures, was mitigating the affect of the poor Australian harvest.

BUSINESS is buzzing in its North American and European divisions, but eastern Australian grain storage, logistics and marketing kingpin GrainCorp is struggling to report much good news on the home front, with profits for 2017-18 likely to be half last year’s – if that.

Get the latest WA 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.