GrainCorp bounces back into profit after strong season

Gregor Heard
November 17 2021 - 5:30pm
GrainCorp managing director Robert Spurway says the company has taken advantage of last year's big harvest.
GrainCorp managing director Robert Spurway says the company has taken advantage of last year's big harvest.

AFTER the tough years of the east coast drought in 2018-19 agribusiness GrainCorp has bounced back with a vengeance, with earnings of $331 million and profits after tax of $139 million for the 2021 reporting year.

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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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