GrainCorp traded at 5.61 this Friday February 6th, decreasing 0.16 or 2.77 percent since the previous trading session. Looking back, over the last four weeks, GrainCorp lost 22.19 percent. Over the last 12 months, its price fell by 23.98 percent. Looking ahead, we forecast GrainCorp to be priced at 7.05 by the end of this quarter and at 6.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
GrainCorp Limited is an Australia-based food ingredients company. The Company operates through two segments: Agribusiness and Processing. The Agribusiness segment provides grains and oils supply chain business with diversified international grains and oils. Its Agribusiness segment provides commodities and products, including wheat, coarse grains (including barley, sorghum and corn), oilseeds, pulses and organics. The Processing segment is engaged in a vertically integrated edible oils crushing, processing, manufacturing and distribution business with a footprint across both Australia and New Zealand. The Company operates two oilseed crushing facilities, which are used to produce canola oil and canola meal in Victoria and Western Australia. It also operates two processing plants in Victoria for refining, bleaching, deodorizing and blending edible fats and oils to produce ingredients for the food industry. The Company also operates in the United Kingdom, Europe, Asia and North America.