Worth considering in the whole bag of outcomes for GNC is the global grain price. For example, global wheat supply is marginally up but demand is down so the wheat price is subdued. Even if we have a bumper harvest we might be moving large volumes of grain at a small price. Alternatively, growers that have the option not to sell their entire harvest (i.e. dont need the cash flow) might hold onto it and sell into the market once prices increase. This will limit the income potential for GNC even if we have a bumper harvest. Just food for thought.
GNC Price at posting:
$3.84 Sentiment: Hold Disclosure: Held
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