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GrainCorp Eyes Rebound

Australian farmers plant biggest crops in six years

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New GrainCorp chief executive Robert Spurway says the company is well placed to bounce back from the devastating drought that has slashed Australia's wheat production, with some farmers planting their biggest grain crops in at least six years, reports The Sydney Morning Herald.

Spurway said the grain giant would be able to handle the much larger grain crop expected this year and could reopen mothballed storage facilities if needed.

Asked whether COVID-19 had impacted on demand for grain, Spurway told the Herald that overall demand was "slightly up."

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