Almond harvest commencement

The almond harvest which commenced in early February is now in full swing.  Dry, sunny weather is currently providing the best harvest conditions experienced in the past few years. Management estimate the harvest will be 50% complete by the end of March, provided current weather conditions continue.

Daily deliveries of almonds to the processor have commenced, with four road trains taking approximately 180 tonne of product to the new Almondco hulling and shelling facility at Hanwood, near Griffith NSW. The ability to deliver to the Hanwood site has reduced on-farm storage and transport costs.

Current on-farm assessments indicate that the yield is in line with pre-harvest expectations. Updated yield information will be available as more product is sent to Almondco for processing. RFM will provide a detailed harvest update for investors in the coming weeks.