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Select Harvests ( (AU:SHV) ) has shared an announcement.
Select Harvests Limited has detected varroa mite in bees at its Jubilee Orchard in South Australia following annual pollination. The company has isolated the affected hives and is working with the Department of Primary Industries and Regions to prevent further spread. Despite the detection, there is no expected impact on the pollination or the 2026 almond crop’s quality and quantity. The company is actively sourcing bees for the 2027 crop, considering the potential spread of varroa mite, and remains committed to supporting the horticultural sector in South Australia.
The most recent analyst rating on (AU:SHV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Select Harvests stock, see the AU:SHV Stock Forecast page.
More about Select Harvests
Select Harvests Limited is an ASX-listed, fully integrated almond business based in Australia. It operates orchards and processing facilities, providing primary and secondary value-added almond products under the Renshaw & Allinga Farms brands. As one of Australia’s largest almond companies, Select Harvests supplies both domestic and international markets, including supermarkets, health food stores, and other food manufacturers.
Average Trading Volume: 298,070
Technical Sentiment Signal: Sell
Current Market Cap: A$541.4M
For a thorough assessment of SHV stock, go to TipRanks’ Stock Analysis page.