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2025-12-18 04:48:49

Australian agricultural giant GrainCorp will suffer a loss of AU$10 million due to its unexpected withdrawal from the Canadian market, causing its share price to plummet by 20% in a single day. The company also warned that wheat and other agricultural harvests in its extensive storage network in Queensland, New South Wales and Victoria, Australia, have fallen short of expectations, and announced its withdrawal from the loss-making Canadian business.

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