Olam is out of the equation for the 2013 crop onwards.
With the almond update we got I read that to be a 20% increase in yield on like for like, ie 20% increase for the mature orchards. Add to that the improved maturity profile with the resultant increase in yields and the managed orchards to get to the 15k tonnes.
My suggestion of a switch back to a 30 September year end apparently had been given a lot of consideration but it was determined that 30 June works a lot better from an accounting/tax perspective.
SHV Price at posting:
$1.37 Sentiment: Hold Disclosure: Held
