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

First 95 Last

Share
Profile

Follow
CaptainBarnacles

11,114 Posts.

682

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

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

ASX Market Open: US Fed keep rates on hold but September cut more likely | August 1

STX

Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla

MGU

New results confirm Buena Vista's iron grades potential

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

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

ASX Market Open: US Fed keep rates on hold but September cut more likely | August 1

Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla

New results confirm Buena Vista's iron grades potential

Featured News