I'm not sure 'weird weather of the past year' is a problem.
We know GNC (to the last Harvest Update) had received just shy of 11 million tonnes of grain in its storages, a very pleasing amount and way ahead of months-old media prognostications, with a bit more was to emanate from Victorian growers, plus other receivals that hugely bump up the total tonnes handled.
GNC is a handler (and in respect of oilseeds, a processor), not a graingrower, so provided there's demand for the wheat domestically and (for the exportable surplus) internationally, that's its major concern. Fortunately the answer is 'there is demand'.
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GNC
graincorp limited
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GNC General Discussion, page-151
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Last
$7.73 |
Change
-0.060(0.77%) |
Mkt cap ! $1.715B |
Open | High | Low | Value | Volume |
$7.82 | $7.85 | $7.70 | $1.663M | 214.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 3028 | $7.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.73 | 5782 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 8279 | 7.710 |
26 | 45349 | 7.700 |
15 | 13181 | 7.690 |
14 | 14151 | 7.680 |
12 | 20540 | 7.670 |
Price($) | Vol. | No. |
---|---|---|
7.720 | 2790 | 11 |
7.730 | 6145 | 15 |
7.740 | 4744 | 13 |
7.750 | 16624 | 13 |
7.760 | 19060 | 9 |
Last trade - 12.41pm 23/06/2025 (20 minute delay) ? |
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GNC (ASX) Chart |