GrainCorp Limited

And so that does vary depending on from season to season.

The important thing to note is that our share with end-use customers like Grain Corp has been maintained.

I mean, we have a dominant share of that market.

So it will fluctuate depending on what their usage cycles are.

All right, let's get into some of the corporate stories today.

GrainCorp, it reaffirmed its full year '26 earnings guidance.

It has, though, delayed its major systems rollout.

Uh, shares down by more than 5%.

Its shares were up 4% today.

The laggards though, plenty of those, including these stocks on your screen.

Uh, Westgold Resources, which came through with an update, also under pressure, down 6.2%, and GrainCorp as well, which, um, mentioned some of those cost pressures for full year '27.

Let's have a look at what we're seeing in the small end of town, including The Koala Company, that, uh, bedding and couch firm.

But as you rightfully point out, it has been a pretty strong year so far, of course, for the energy sector and nothing has come close so far as far as the improvements that we've seen.

Now, looking at some company news today, the top performer has actually been agriculture business GrainCorp.

It's held the top position for the entire session.

It's up around 11% leading into the close to its best level since early this year.

Coles and Metcash giving back a bit, but Woolies did quite well coming back after the earnings that came through yesterday.

Endeavour Group as well, and GrainCorp higher as well.

So Next DC reported 16% growth in full year '26 net revenue.

That was to $405 million.

But we always like to find some of the winners, so let's have a look at the market leaders.

Kicking it off with Ramsay Health on the back of its numbers, Domino's, GrainCorp, uh, also ...

Remember Domino's was out yesterday, but it got a broker upgrade today.

Now, Qantas, Josh was just saying that he thinks that was a better-than result than the headline numbers suggested.

So the $341 billion giant with their shares at a record high, they will currently be scratching their head saying, "Hmm, do we offer online AGM questions this year to get this gadfly to go away, or do we just have a contested board election?" And we'll see where they land, 'cause frankly, for me, it's unacceptable.

For companies, major companies to not embrace the internet and have online access at the AGMs, and I find that, you know, GrainCorp was another which folded after a board nomination.

So I'm gonna try that tactic of spraying board nominations at a whole bunch of Perth-based companies in particular, you know, Regis Resources, Liontown Resources, GenusPlus, Black Cat Syndicate.

There's all these big-- Fortescue.

Th- thank you.

Well, first, uh, the, uh, government's put out a consultation paper that that is what we are discussing, uh, which has been welcomed by industry, not just the NFF, uh, but, uh, also GrainCorp.

The, the second point I would make is that the allowable le- level of ethanol that can be added to petrol is already established under Australia's fuel quality standards, and the government does not have plans to change or increase these.

Uh, what-