SHV 2.30% $4.45 select harvests limited

Looks unlikely they'll satisfactorily complete the harvest of...

  1. 10,816 Posts.
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    Looks unlikely they'll satisfactorily complete the harvest of the 2014 crop given the rainfall in Hillston and surrounds.

    Aussie $ has also risen, although the majority of their exports are protected by existing currency hedges.

    The Californian situation is mixed, existing crop has exceeded estimates and buyers have been holding back in the hope of buying at a cheaper price but the drought situation continues unabated. The crop impact for 2014 harvest is unclear at this stage although water supplies will get progressively harder to obtain given reports suggesting ground water supply problems in some areas.
    Last edited by Surandy70: 14/06/14
 
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