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Why Is GrainCorp Slashing FY26 Earnings Amid Global Grain Surplus?

9:14am on Monday 2nd of February, 2026 AEDT Agribusiness
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Why Is GrainCorp Slashing FY26 Earnings Amid Global Grain Surplus?

9:14am on Monday 2nd of February, 2026 AEDT
Key Points
  • FY26 Underlying EBITDA guidance lowered to $200-240 million from $308 million
  • Underlying NPAT expected between $20-50 million, down from $87 million in FY25
  • Receival volumes forecast to drop to 11.0-12.0 million tonnes from 13.3 million tonnes
  • Export volumes expected to decline to 5.5-6.5 million tonnes from 7.0 million tonnes
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