Farmers welcome GrainCorp upgrade of storage sites

NSW Farmers has welcomed the announcement that GrainCorp will be upgrading grain storage sites across the eastern seaboard.

GrainCorp will invest $60 million across its upcountry network, including into the following sites in NSW: Callen, Nevertire, Ardlethan, Narrabri, Burren Junction, Spring Ridge, Junee, Oaklands, Tocumwal, and Red Bend.

Daniel Cooper, NSW Farmers’ Grains Committee Chair said: “Supply chain costs across NSW’s grains industry are too high and directly reduce farm gate returns.  The upgrades from GrainCorp should help to improve efficiency in those regions where this investment is being made.”

GrainCorp has indicated that the upgrades across its full project regeneration are targeting a return up to 1 million tonnes of grain to rail. The upgrades are set to commence in May with benefits likely to begin with this coming harvest.

Mr Cooper congratulated NSW Roads, Maritime and Freight Minister Duncan Gay for the NSW Government’s contribution to rail sidings on its Country Rail Network.

“We are pleased the Minister and government have invested in grain rail and are committed to delivering to industry through the Fixing Country Rail program. Spends through these programs are important to leveraging private investment at places such as Nevertire and Ardlethan.”

“NSW Farmers remains committed to working on policy which seeks government investment that will in turn put downwards pressure on supply chain costs” Mr Cooper concluded.

ends

11 May 2015

Contact: Veneta Chapple

Phone: 0429 990 218

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