date:Jun 12, 2015
80 per tonne, which is expected to further increase upon completion of full year accounts. SunRice chairman Mr Laurie Authur explained the extra profit return so far adds up to $49.7 million in unexpected profit returns to members.
The good results were partly attributable to prolonged drought in California but also to an increased consumer interest in expensive rice foods.
Long-grain rice has become less profitable compared with medium-grain rice. Prices were lower on long-grain rice with lar