GNC 0.28% $8.89 graincorp limited

2022-23 Harvest Updates, page-191

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    GNC appears to be reducing the number of trains operating from northwest NSW into Newcastle's Carrington port unloaded/ship loader.

    There are just a couple of wagon rakes (a 'rake' is a train of wagons, hauled of course by locomotive(s)).

    It was suggested to me that this was because of worries about a poorer harvest from the winter 2023 grain crops in that area, which in good years is a huge contributor to GNC's exportable surplus.


 
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