GNC 3.57% $8.11 graincorp limited

Given northern NSW growers "officially" tend to start planting...

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    Given northern NSW growers "officially" tend to start planting around Anzac Day in late April, provided it doesn't flood properties, great to see rain in a band from Walgett towards Narrabri and down as far as Coonabarabran.

    As always some will receive nothing and others varying amounts. The BOM radar doesn't drill down to the last kilometre but suggests more on the way with the band travelling southeast from Cunnamulla in Queensland.

    Nyngan, Lake Cargelligo and in the NSW Riverina Wagga Wagga have no rain forecast in the next seven days. Nor likely in western or northeast Victorian graingrowing areas, but some have had pretty good April rain to date.

    Horsham (Vic) 29.2 millimetres and Yarrawonga (23.2mm) are two Victorian examples, though others like Walpeup in Vic's Mallee have only had a shade above 10mm, so the latter group presumably could do with more.

    With a reasonable to good start to the Oz east coast winter crop 'pre-season', HNC may be undervalued. @Portsmouth is the expert, and I'm careful not to be an upramper.

    Many factors (including adverse geopoltical ones, seemingly out of nowhere) can affect a handler and trader such as GNC. To outsiders like me, storing, handling and arranging bulk shipping for a multitude of grains sounds simple but it'd have many twists and turns.
    Last edited by Hopeful9: 17/04/24
 
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