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Seeds of hope in GrainCorp pessimism

Tim BinstedReporter
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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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    Original URL: https://www.afr.com/companies/seeds-of-hope-in-graincorp-pessimism-20160513-goufhr