Select Harvests ( (AU:SHV) ) just unveiled an announcement.
Select Harvests Limited has announced a business update highlighting strong almond pricing at A$10.35/kg, despite a reduced crop forecast for 2025 due to growing conditions. The company remains optimistic about its strategic positioning and ability to meet demand, particularly from key markets like China and India, despite challenges such as retaliatory tariffs and variable weather conditions affecting the US almond crop. The company’s strategy is on track to deliver value, with a significant portion of the 2025 crop already hedged and a positive outlook for future pricing dynamics.
More about Select Harvests
Select Harvests Limited is a company operating in the Australian almond industry, focusing on the production and sale of almonds. The company is strategically positioned in the market to leverage favorable macro-economic conditions and aims to create value for its shareholders.
YTD Price Performance: 11.74%
Average Trading Volume: 909
Technical Sentiment Signal: Sell
Current Market Cap: $473.4M
See more data about SHV stock on TipRanks’ Stock Analysis page.