Top member reports
Company Report
Last edited 3 years ago
PerformanceCommunity EngagementCommunity Endorsement
Performance (45m)
-12.2% pa
Followed by
16
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
##foodproduction
stale
Added 4 years ago

I was curious why Costa Group's price has been suffering lately. This article explains: https://www.smh.com.au/business/companies/horticulture-giants-warn-fruit-and-vegetable-prices-could-rise-due-to-labour-shortage-20200729-p55gll.html

While I agree that shortage of seasonal workers might affect them there is on the other hand an upside in the government now recognising the problem and offering subsidies. The upside is also in finding ways to replace people with automated harvesting technology. In my opinion in short to medium term the upside is about 10% or perhaps more in the long run.