The wheat market is grappling with its first multiple weather scenario for about a decade.
Ag-tech start-ups do not require a pot of government money to prosper, they just need a workable operational environment.
GrainCorp's capital expenditure spending spree of recent years is drawing to a close and the investments are starting to pay off.
Since May 3, the CBOT July wheat futures contract had shed just over 50 USc/bu, or close to A$24 a tonne.
GrainCorp will look at further cuts to its grain handling network and explore opportunities in the on-farm storage space.
With old crop stocks starting to tighten and many farmers holding onto remaining reserves, buyers are hunting for more supplies.
A class action put forward by farmers claiming sorghum seed they purchased was contaminated with the weed shattercane will continue.