rain, page-8

Sorry to hear that Gerkin. Its just a bummer and we too will be cutting back production aspirations fairly significantly. Like you say. Risk does not justify reward and equity preservation must be number one.

Alpha not sure who is exposed but I would suggest it is a broad exposure as the disasterous season could well have claimed some previously secure operators. It was an expensive year because input use had been ramped up with good subsoil moisture and a wet first half to the winter crop. A lot of machinery would have been purchased. The second hand machinery market back in April/March was appreciating. Some big numbers paid for land expansions too.