Brief: Select Harvests Says Almond Price To Remain Muted Until Evidence On Californian Crop Size And Quality
12/09/2023 02:31
Sept 12 (Reuters) - Select Harvests SHV.AX :
* ALMOND PRICE TO REMAIN MUTED UNTIL EVIDENCE ON CALIFORNIAN
CROP
SIZE AND QUALITY
* SEES ALMOND PRICE TO REMAIN MUTED UNTIL EVIDENCE ON
CALIFORNIAN
CROP SIZE AND QUALITY
* 2024 FARMING OUTLOOK POSITIVE AND A GOOD 2024 CROP WILL
QUICKLY
GENERATE CASH
* FORECAST NET SALES PRICE BASED ON MARKET AND CROP PROFILE
FOR
2023 CROP IS A$6.30 - A$6.50/KG
* LONG-TERM PRICES ARE EXPECTED TO INCREASE (10-YEAR AVERAGE
IS
A$8.26/KG)
Source text for Eikon: ID:nASX29GWsd
Further company coverage: SHV.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Select Harvests
See all newsBrief: Select Harvests Says 2026 Crop Size Expected At 28,800Mt–29,600Mt
Australia's Select Harvests hits more than 8-month high on upbeat outlook
Brief: Select Harvests Says David Surveyor To Cease As CEO
Brief: Select Harvests Posts H1 Net Income AUD 26.6 Million
Australia's Select Harvests gains most in 2-1/2 years on strong interim profit