GNC had another very good harvest update yesterday (see the relevant 'HC' thread).
Queensland receivals have exceeded 2021's winter harvest. This won't be the case in NSW and Victoria but the end result, not known for a few weeks given harvesting is running late thanks to rain, should be 'good to very good'.
While we'll have drought years sooner or later, 2022 will be the third year of good to excellent east coast grain harvests.
While I don't pay much attention to unlisted Viterra or CBH, the harvests in SA and WA have also been great.
Logic suggests it has a positive spinoff for ELD despite inflation and inputs such as fertilisers being expensive.
Ann: Update - Dividend/Distribution - ELD, page-10
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