Bullsandbears
Seeds of hope in GrainCorp pessimism
Tim BinstedReporter
Updated
On top of the slings and arrows of agriculture, there are plenty of reasons to be uncertain about investing in east coast grains giant GrainCorp.
Last week GrainCorp reported a 32.5 per cent slump in first half profit to $20 million – the latest in series of poor results – as tough weather conditions weigh on grain volumes.
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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.
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