The decision was made during an emergency meeting of GCA directors via phone hook-up last week.

The GCA is understood to have incurred a financial loss of about $356,000 for the past 11 months.

With $289,000 remaining in its bank account, the GCA was heading towards another deficit by September 2009.

Most of the GCA's expenses are derived from organising flights and accomodation for GCA members to attend meetings and other egangements, and payment of a full time executive officer.

Last week's meeting recommended an administrator be appointed to wind up GCA operations.

It is understood the GCA's income sources have been diminishing for some time, with declining membership and sponsorship backing being key areas of concern.

A last minute reprieve may be an option, if a rescue package is delivered.

However that appears to be an unlikely possibility given negative responses have recently been received on assistance proposals, submitted to the Federal Government and Federal Agriculture Department.

Administrators are set to take over on July 1, 2009.

Under the GCA's constitution, directors can allocate any remaining funds to help develop a new representatvie body.

GCA chairman Murray Jones is representing Australia at the World Grains Conference in London, and was unavailable for comment.