This graph and brief commentary on wheat consumption in the USA may have no immediate effect on GNC, which is a handler not a graingrower, but it serves to underline how all other things being equal GNC's task to sell the exportable surplus into world markets is made easier if nations want to buy grain:
https://www.ers.usda.gov/topics/crops/wheat/market-outlook/
I'm surprised wheat consumption in the USA appears to be (temporarily?) growing faster than population growth.
This graph and brief commentary on wheat consumption in the USA...
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Last
$7.86 |
Change
0.060(0.77%) |
Mkt cap ! $1.747B | |||
| Open | High | Low | Value | Volume |
| $7.89 | $7.89 | $7.77 | $3.642M | 465.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $7.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.86 | 1740 | 1 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |