MM sucking on a lemon?

money management

14 October 1999
| By Anonymous (not verified) |

Thanks for your piece on Sotto Lemons (Money Management, July 8). A fellow from Cairns has asked for a prospectus after reading your column, so you see every little bit helps. He has friends who grow lemons commercially, and he is im-pressed with the return.

Thanks for your piece on Sotto Lemons (Money Management, July 8). A fellow from Cairns has asked for a prospectus after reading your column, so you see every little bit helps. He has friends who grow lemons commercially, and he is im-pressed with the return.

Yes, growing lemons from seeds is exciting. The choice of the right root stock for your climate and soil, the budding (graft), the feeding and farming, and the selection of the right trees to husband the commercial groves indeed is excit-ing, or at least I think so.

Now that our cities are growing up literally, backyards are being taken over by flats, and so not everyone has a lemon tree from which to supply the zest to a gin and tonic. Certainly the backyards cannot supply a Japanese order of 100,000 cases a week over an eight week period - or the orders from our near neighbours nor indeed our local markets which saw lemons reach $120 a case.

The amount of lemons I need for the lemon cheese which Loctos is making for me in Tasmania, the lemons Hanging Rock need for my lemon Chardonnay, my lemon beer, lemon sugar, salt, pepper and other value added cannot come from backyards as Two Dogs found out.

Anyway, thank you for the mention.

Peter Russell-Clarke

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

16 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

4 days 21 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 2 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 4 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

3 days 19 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 days 22 hours ago