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Why Is GrainCorp Selling Its Canadian JV Amid Falling Australian Grain Volumes?
8:52am on Wednesday 17th of December, 2025 AEDT
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Agriculture
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Why Is GrainCorp Selling Its Canadian JV Amid Falling Australian Grain Volumes?
8:52am on Wednesday 17th of December, 2025 AEDT
Key Points
Sale of GrainsConnect Canada JV for C$150 million
Estimated A$5-10 million loss on sale
Lower FY26 East Coast Australia grain receivals forecast (11.0–12.0 million tonnes)
Ongoing cost management amid margin pressures
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