Select Harvests Ltd (ASX:SHV) is one of Australia’s largest almond growers, processors and sellers, with extensive orchards through the Riverina (S.A.), Riverland (Vic.) and Griffith (NSW).
SHV is predominantly an exporter of almonds (80%) to global markets including China, India and Middle East.
Almonds are grown in limited locations in the world, due to the specific farming requirements and climatic conditions (including initial bloom), with the market dominated by the US which represents ~75% of total supply.
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Select Harvests Ltd - Gaining momentum into almond strength