recent news with implications for shv, page-2

Also here the world almond outlook from the Blue Diamond Also President's corner.

http://www.bluediamond.com/almondfacts/may-june-2011/?pageNumber=6

Some speculation:
* little to no Australian almonds delivered "in shell" this season. My guess this is possibly due to wet harvest and subsequent (lack of) quality of in shell product.
* USA almond acreage flattening, but demand continuing to rise for almonds, even with good crops in the next 2-3 seasons (in USA) looks like there could be a supply squeeze, bodes well for SHV in medium term as trees mature and yields climb, even with strong AUD. If iron ore goes into a better supply position in the coming 2-3 years and we see a softening of the AUD this would make SHV attractive even after the lose of OLAM business.

Dis: sold most of my holding at $2.20 - $2.30, certainly looking to buy back in sub $1.80/$1.90