COUNTRYMAN | Global grain glut pushes growers toward self-storage

Unattractive grain prices and tight margins are prompting growers to hold onto their 2025-26 grain in on-farm storage.

Countryman reported that this was impacting shares, with grain handler GrainCorp experiencing a multi-year low in shares after downgrading its earnings outlook.

The expected received volumes and exports were set to drop as growers avoid monthly storage fees and hold their product.

Grain Producers Australia Southern Region Director Andrew Weidemann told AAP this was happening across the country as growers looked to take control of their bottom line.

“Most growers have worked out that the only way they can make money is storing it on their own farms, because the margins are that tight,” he said.

“In grain production, there’s more than a third of the price post the farm gate to get it to an end user and so farmers are looking at how they can participate in that part of the process in the supply chain."

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