Markets

GrainCorp intake swells to 12.4Mt

Grain Central, January 4, 2022

Part of the team at GrainCorp’s Garah site in northern NSW. Photo: Elyse Ryan

EASTERN states grain handler GrainCorp received more than 2 million tonnes (Mt) into its storages in the approximately two weeks of the Christmas holiday period ending January 4.

The pace of deliveries during the festive season has made it one of the busiest holiday receival periods on record.

The previous reporting period, the week to December 20, saw an intake of 2.02Mt and 10.36Mt total.

Total tonnes received during the 2021-22 harvest period now amount to 12.4Mt, 14pc of which were delivered in Queensland sites, with just under 28pc and 60pc respectively into sites in Victoria and New South Wales.

Some sites now will be open only by appointment, and GrainCorp has asked growers to communicate with local site and area managers regarding opening hours, deliveries, and segregations.

Dry and warm weather conditions saw strong harvest activity throughout southern NSW, particularly the Parkes, Temora, Junee and Cunningar regions, and the Wimmera, central Victoria and north-east regions in Victoria.

The drier and warmer conditions also helped growers in northern NSW harvest their remaining crops.

Receival activity in northern NSW has now started to wrap up, with growers looking ahead to summer-cropping opportunities.

Significant grain outloading has continued across the GrainCorp network over the festive season, with strong domestic and export orders creating capacity for more receivals.

This is expected to be sustained throughout January, with up to 300,000t of grain outloaded per week.

Dec 20-Jan 4 receivals Harvest to Jan 4 receivals
Queensland 9,850 1,734,100
New South Wales 1,274,000 7,242,900
Victoria 786,600 3,451,740
TOTAL TONNES 2,070,450 12,428,740

 

Source: GrainCorp

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