Economics

Queensland Flooding Halts Grain-Rail Port Deliveries

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Wheat deliveries by rail to ports in Australia’s Queensland state may be halted by up to two weeks because of flooding, according to GrainCorp Ltd., the largest grain handler in the country’s east.

The floods stopped rail deliveries to ports at Mackay, Gladstone and Fisherman Islands, GrainCorp spokesman David Ginns said by phone today from Sydney. Road deliveries were also affected, he said.