Australian agricultural giant GrainCorp will suffer a loss of 10 million Australian dollars due to its unexpected exit from the Canadian market.

Australian agricultural giant GrainCorp suffered a loss of 10 million Australian dollars due to its unexpected withdrawal from the Canadian market, causing its stock price to plummet by 20% in a single day. The company warned that the harvest of wheat and other agricultural products in the extensive storage networks in Queensland, New South Wales, and Victoria did not meet expectations. At the same time, GrainCorp announced that it would be exiting its loss-making business in Canada.