Persistent labour shortages and rising shipping costs has forced produce grower and exporter T&G Global to lower its full-year profit expectations.
The company is now forecasting earnings of between $4 million and $10m, compared with $16.6m a year ago.
It said the disappointing outlook reflected updated forecasts in the results of a number of T&G business units.
They include apples, due to shipping challenges and associated impacts on pricing and costs, particularly in the northern hemisphere.