'HC' contributor Amused Observer correctly said that an ELD...

'HC' contributor Amused Observer correctly said that an ELD Dividend/Distribution thread was wandering OT so while generally like most of us reluctant to start new threads, this one is established for that reason.

Re the 2022 winter grain harvest coming in to silos and bunkers, not only is GrainCorp seeing a record in Queensland and despite earlier media predictions of gloom and doom in NSW and Victoria due to floods, quite reasonable inflows from those states, but Viterra in SA and CBH in WA are doing very nicely thank you.

This brief extract from the Grain Central site discusses Western Australia and bulk handler CBH that in a week has had three million tonnes of grain come in to its system:

“We have successfully completed over 1.4Mt of temporary storage in addition to last year’s 2.4Mt, and we are continuing to build more in the required locations.”

“However, more sites will continue to fill and close in the next few days.”

“We understand that some growers may be frustrated but we kindly ask for their patience and understand that we are running out of room.”

A nice problem to have!

The relevance for ELD is that in the eastern states, this is the third consecutive year of a good or terrific harvest, so it gives graingrowers confidence.

We'll see many spend up at Elders Rural.

Good stuff!