Early tea production is in line with expectation and marginally above last year. There is no sign of recovery in the international tea price and the forecast is not expected to improve during the next season. While demand for blended teas locally is expected to remain weak export initiatives will offer limited and much needed growth.

Demand for macadamia remains very strong. Fruit set is very encouraging on all three estates. For the first time in several years, macadamia orchards will be rehabilitated where appropriate and modest new plantings will take place with the rains...

FY 2014 financial results

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