GNC 0.00% $9.09 graincorp limited

2021-22 Harvest Updates, page-151

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    Competitor (not listed on ASX) AWB-Cargills shows opening times for its GrainFlow sites.

    The two in Queensland (Talwood and The Gums) appear to be operating very long hours, with one possibly open until 2300 AEST nightly.

    In NSW, all its limited number of sites are open bar Oaklands in southern NSW. Hours at most are typically at least 9.5-10 hours a day. 'Turnaround times' for trucks delivering grain have risen at West Wyalong from 35 minutes on a day last week to an hour, while the limited hours Beanbri site on the Moree rail line today had a turnaround time of 77 minutes.

    If that's what the key competitor for off-farm storage is doing, many GNC sites will also be operating extended (and hence lengthy) hours. GNC has the largest share of grain handling in the eastern states so important that it where possible builds on its years of experience despite the growth of on-farm options.

    GNC does not disclose site opening hours to casual website browsers.


    Last edited by Hopeful9: 02/11/21
 
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