Australian Crop Forecast 'Significant Positive' for GrainCorp -- Market Talk

Dow Jones

Jun 03

0052 GMT - The latest assessment for the 2026-27 Australian winter crop looks average to Ord Minnett. Government forecaster Abares signals an east-coast crop of 23.8 million tons. That's down 27% on a year ago, but up 2.5% on the 10-year average. Analyst John Lawlor views the forecast as a significant positive for GrainCorp. That's because of concerns about a potentially disastrous forecast due to below-average rainfall across major growing areas through to May. There was also a heightened risk of an El Nino event and ongoing fertilizer cost and availability issues due to the Middle East. The crop will ensure solid FY27 volumes for GrainCorp, Ord Minnett says. "Additionally, increasing grain prices will see more of the near-record FY25 and FY26 volumes come out of on-farm storage and into GrainCorp's network." (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 02, 2026 20:52 ET (00:52 GMT)

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Government forecaster Abares signals an east-coast crop of 23.8 million tons. That's down 27% on a year ago, but up 2.5% on the 10-year average. Analyst John Lawlor views the forecast as a significant positive for GrainCorp. That's because of concerns about a potentially disastrous forecast due to below-average rainfall across major growing areas through to May. There was also a heightened risk of an El Nino event and ongoing fertilizer cost and availability issues due to the Middle East. The crop will ensure solid FY27 volumes for GrainCorp, Ord Minnett says. \"Additionally, increasing grain prices will see more of the near-record FY25 and FY26 volumes come out of on-farm storage and into GrainCorp's network.\" (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 02, 2026 20:52 ET (00:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australian Crop Forecast 'Significant Positive' for GrainCorp -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralian Crop Forecast 'Significant Positive' for GrainCorp -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-03 08:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0052 GMT - The latest assessment for the 2026-27 Australian winter crop looks average to Ord Minnett. Government forecaster Abares signals an east-coast crop of 23.8 million tons. That's down 27% on a year ago, but up 2.5% on the 10-year average. Analyst John Lawlor views the forecast as a significant positive for GrainCorp. That's because of concerns about a potentially disastrous forecast due to below-average rainfall across major growing areas through to May. There was also a heightened risk of an El Nino event and ongoing fertilizer cost and availability issues due to the Middle East. The crop will ensure solid FY27 volumes for GrainCorp, Ord Minnett says. \"Additionally, increasing grain prices will see more of the near-record FY25 and FY26 volumes come out of on-farm storage and into GrainCorp's network.\" (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 02, 2026 20:52 ET (00:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GNC.AU","symbol_name":"GRAINCORP LTD-A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640922691","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640922691","pubTimestamp":1780447920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0052 GMT - The latest assessment for the 2026-27 Australian winter crop looks average to Ord Minnett. Government forecaster Abares signals an east-coast crop of 23.8 million tons. That's down 27% on a year ago, but up 2.5% on the 10-year average. Analyst John Lawlor views the forecast as a significant positive for GrainCorp. That's because of concerns about a potentially disastrous forecast due to below-average rainfall across major growing areas through to May. There was also a heightened risk of an El Nino event and ongoing fertilizer cost and availability issues due to the Middle East. The crop will ensure solid FY27 volumes for GrainCorp, Ord Minnett says. \"Additionally, increasing grain prices will see more of the near-record FY25 and FY26 volumes come out of on-farm storage and into GrainCorp's network.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GNC.AU":"GRAINCORP LTD-A","BK7505":"食品股","BK7028":"食品分销商","BK7117":"农产品"},"translate_title":"澳大利亚农作物预测对GrainCorp“显着积极”——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNC.AU":0.9},"content_text":"0052 GMT - The latest assessment for the 2026-27 Australian winter crop looks average to Ord Minnett. Government forecaster Abares signals an east-coast crop of 23.8 million tons. That's down 27% on a year ago, but up 2.5% on the 10-year average. Analyst John Lawlor views the forecast as a significant positive for GrainCorp. That's because of concerns about a potentially disastrous forecast due to below-average rainfall across major growing areas through to May. There was also a heightened risk of an El Nino event and ongoing fertilizer cost and availability issues due to the Middle East. The crop will ensure solid FY27 volumes for GrainCorp, Ord Minnett says. \"Additionally, increasing grain prices will see more of the near-record FY25 and FY26 volumes come out of on-farm storage and into GrainCorp's network.\" (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 02, 2026 20:52 ET (00:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}