The sale was finalised with joint-venture partner Origold Profits, part of Indonesia’s Salim Group, and approved by all relevant authorities
GrainCorp urged policymakers to recognize food security as the product of a fully integrated supply chain.
The integration is intended drive collaboration, improve coordination and deliver ongoing efficiencies across key areas.
This initiative aims to improve wheat yields in light of a changing climate.
Revenue for the six months ending March 31 jumped 21% to A$4.09 billion (US$2.61 billion)