So crop forecast of 15k tonnes stands due to greater than expected frost damage to the northern region, note with no damage to the trees.
Pricing is looking much better though with the range now being $8.10 - $8.50/kg compared to the half year results indicating a range of $7.60 - $8.20/kg.
Knowing what we do of the Californian situation, with thanks to the research from Inchiquin, I would expect we’ll likely see pricing towards the high end of that range when the final results come out.
SHV Price at posting:
$5.49 Sentiment: Hold Disclosure: Held
