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SunRice's net profit for the six months to October 31 fell 42% to A$13.9 million, though first-half sales rose 7%. The company is sourcing export orders from overseas because of limited irrigation water and mothballed milling infrastructure, while global purchasing costs rose about 30% in six months.
Its CopRice stockfeed sales rose 50% amid drought-driven demand.
Drought in southern NSW shrinking Australian rice supply and lifting import costs points to firmer rice prices and stronger demand for stockfeed alternatives. Company-level results have little direct price effect on the market.
farmonline.com.auAndrew Marshall21 Jan 2019Setelah 179 peristiwa cuaca bullish sebelumnya, Gabah bergerak median +0,4% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,5%), dan +2,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
