Latest Crop Forecasting News

SunRice Group maintains its forecast for profit growth in FY26, even as revenue is expected to remain flat or slightly decline due to competitive pressures, adverse weather, and geopolitical disruptions.

Cobram Estate Olives has agreed to acquire California Olive Ranch, significantly boosting its Californian olive groves and expected to enhance earnings per share by 9% from FY2027.

GrainCorp announces the sale of its Canadian joint venture GrainsConnect to Parrish & Heimbecker for C$150 million, alongside a trading update revealing lower expected grain receivals in Australia’s 2025-26 winter harvest.

Select Harvests updates on its 2025 almond crop, revealing a slightly smaller harvest than forecast but a strong reduction in net debt and a promising 2026 bloom outlook.

Select Harvests Limited has reported a remarkable turnaround with a $28.7 million profit in the first half of FY2025, buoyed by higher almond prices and improved operational efficiency. The company also secured $240 million in refinancing, positioning itself for future growth despite a slightly reduced almond crop forecast.

Select Harvests Limited has reported a remarkable turnaround with a $28.7 million net profit for the half-year ended March 2025, driven by higher almond prices and operational gains. The company forecasts a solid 2025 crop and has renewed a $240 million syndicated debt facility.