Loading…
GrainCorp reported fiscal 2026 underlying EBITDA of A$223 million, down 27% from A$308 million a year earlier, meeting company guidance. The company handled 28.6 million tonnes of grain, down from 31.6 million, as record global wheat output and multi-year low prices compressed margins.
Management described FY27 harvest activity as accelerating after favorable rainfall.
Surplus global grain supply is discouraging growers from selling, which tightens local grain flows while keeping global wheat prices depressed. Lower margins for grain handlers signal continued weak wheat price levels for feed buyers.
investing.comNov 12, 2026
za.investing.comNov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
