GrainCorp: The perfect storm

By Belinda Moore

08 February 2022, 9:00 AM

GrainCorp (ASX:GNC) has provided FY22 earnings guidance which was materially higher than consensus estimates reflecting another bumper crop, above average carry-over grain and strong global demand for Australian grain and oilseeds. While GNC’s execution has been impressive, FY22 essentially reflects near perfect trading conditions across both grain Marketing and Processing.

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