El Nino Event Doesn't Automatically Hurt GrainCorp -- Market Talk

Dow Jones

Jun 18

0249 GMT - The declaration of an El Nino weather event doesn't change Jarden analysts' view of GrainCorp, but it does make them more watchful. Australia's weather bureau this week said conditions met the definition of an El Nino event, which typically brings drier weather to Australia. However, Jarden's analysts remind clients in a note that such an event doesn't guarantee a bad crop, pointing out that northern and central regions have experienced significant rainfall since mid-May. They leave their forecasts for the grain handler and marketer where they were, but acknowledge that there is now downside risk. Jarden has a neutral rating on the stock and a target price of 5.40 Australian dollars. Shares are down 1.7% at A$5.15. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 17, 2026 22:49 ET (02:49 GMT)

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Australia's weather bureau this week said conditions met the definition of an El Nino event, which typically brings drier weather to Australia. However, Jarden's analysts remind clients in a note that such an event doesn't guarantee a bad crop, pointing out that northern and central regions have experienced significant rainfall since mid-May. They leave their forecasts for the grain handler and marketer where they were, but acknowledge that there is now downside risk. Jarden has a neutral rating on the stock and a target price of 5.40 Australian dollars. Shares are down 1.7% at A$5.15. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 17, 2026 22:49 ET (02:49 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>El Nino Event Doesn't Automatically Hurt 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\">\nEl Nino Event Doesn't Automatically Hurt 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\">2026-06-18 10:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0249 GMT - The declaration of an El Nino weather event doesn't change Jarden analysts' view of GrainCorp, but it does make them more watchful. Australia's weather bureau this week said conditions met the definition of an El Nino event, which typically brings drier weather to Australia. However, Jarden's analysts remind clients in a note that such an event doesn't guarantee a bad crop, pointing out that northern and central regions have experienced significant rainfall since mid-May. They leave their forecasts for the grain handler and marketer where they were, but acknowledge that there is now downside risk. Jarden has a neutral rating on the stock and a target price of 5.40 Australian dollars. Shares are down 1.7% at A$5.15. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 17, 2026 22:49 ET (02:49 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":"2644776439","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644776439","pubTimestamp":1781750940,"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":"0249 GMT - The declaration of an El Nino weather event doesn't change Jarden analysts' view of GrainCorp, but it does make them more watchful. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GNC.AU":"GRAINCORP LTD-A","BK7117":"农产品","BK7028":"食品分销商","BK7505":"食品股"},"translate_title":"厄尔尼诺事件不会自动损害GrainCorp——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNC.AU":0.9},"content_text":"0249 GMT - The declaration of an El Nino weather event doesn't change Jarden analysts' view of GrainCorp, but it does make them more watchful. Australia's weather bureau this week said conditions met the definition of an El Nino event, which typically brings drier weather to Australia. However, Jarden's analysts remind clients in a note that such an event doesn't guarantee a bad crop, pointing out that northern and central regions have experienced significant rainfall since mid-May. They leave their forecasts for the grain handler and marketer where they were, but acknowledge that there is now downside risk. Jarden has a neutral rating on the stock and a target price of 5.40 Australian dollars. Shares are down 1.7% at A$5.15. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2026 22:49 ET (02:49 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":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}