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Just to clarify: I think the statement said "not suffered any significant losses".
Are there any cotton farmers out there?
In my calculations I have been using that they could average betweeen 9 and 11 bales per hectare (they are irrigated). Is that reasonable?
Also I have assumed that they will get about $600 per hectare in revenue from selling the seed. Yes?
I think the NSW DPI (whatever they're caalled) uses about $3000 per hectare in variable costs.
Put all that together, plus solid prices for cotton, and Tandou could be in for an exceptional return imo.
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