SHV 3.58% $3.50 select harvests limited

Djingo poses some good points although many of which are...

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  1. 2,551 Posts.
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    Djingo poses some good points although many of which are unknowns like most commodity stocks however it seems SHV are well placed in the market and can ride out the lower prices better than their rivals due to committing a good % of their nuts at higher prices + better long term weather forecasts.

    The lower prices atm will increase demand and with the current prices i think we will see Californian growers drop off which will in turn decrease supply = higher prices in the long term.

    Hopefully this drop will wipe out some big players insuring the almond price lows increase. If SHV can survive and make a small profit on these lows they are in prime seat to cash in when the prices turn.
 
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