Many thanks 5Crown for your response. Have to say I am glad they...

First 95 Last

Share
Profile

Follow
CaptainBarnacles

11,216 Posts.

701

24/05/17

11:33

Post #: 24879195
Share

Originally posted by 5crown ↑

As an independent dried fruit grower I have been following MRO's progress. I'd like to make a few comments on this years harvest.

It has been a very low yielding year for sultanas, a lot lower than most of us expected. Talk around the industry suggests yields are down at least 25% on last year. Many growers won't even deliver half of what they estimated, including some other big players with state of the art sultana production systems. Sultanas yields are notoriously fickle. It is also true that the crop was slow to mature this year, by at least 2 weeks, making drying and harvesting more challenging as the days get shorter and cooler in late summer/autumn. But, sultanas tend to bounce back after low yield years and next year will hopefully be a better story for us. Newer "sultana type" varieties such as sunmuscat and sunglo are proving to be more reliable, durable and higher yielding than the traditional sultana and many growers are changing over, including, I believe, MRO. Unfortunately there are some well established sectors of the industry who do not want MRO to succeed but they have introduced an extra level of competition to the industry which has been badly needed so I really hope they are here for a long time yet.

Expand

Many thanks 5Crown for your response.
Have to say I am glad they are growing those sunmuscat varieties, as they go down well with my daughter. We get them from Aldi's, so I strongly suspect they are actually MRG supplied.
Will buy some more at the supermarket before there is a shortage. lol

MRG Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BUX

Buxton projects new graphite province discovery at WA Narryer play

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 13 more messages in this thread...

First 95 Last

Add MRG (ASX) to my watchlist

Many thanks 5Crown for your response. Have to say I am glad they...

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Featured News