The 15pc sell-off investors didn’t see coming

The 15pc sell-off investors didn’t see coming

GrainCorp’s third profit downgrade in four months provided the knockout blow.

GrainCorp Faces Downgrades After Weak Guidance

GrainCorp is anticipated to face significant downgrades after releasing a “poor” financial year 2026 guidance, according to Morgans research analyst Belinda Moore. Moore anticipates a heavy sell-off of the stock following the announcement. GrainCorp is an Australian agribusiness and food processing company, operating in the grains and edible oils sectors. The company handles the storage, processing, and marketing of grains and oilseeds. Moore hi…

Global grain glut pushes growers toward self-storage

A global oversupply of grain continues to weigh on the earnings of one of Australia's biggest handlers, as growers opt to keep their product on-farm.