Namoi Cotton Limited provided operating guidance for the year 2020. The company estimates that the 2020 Australian cotton crop will produce approximately 600,000 bales which equates to approximately 17% of the average Australian cotton crop over the past 10 years. The company anticipates that it will gin between 100,000 and 160,000 bales from the 2020 crop noting that the unprecedented drought has had the greatest impact upon the NSW growing regions where the majority of Namoi's ginning infrastructure is located. NCA's lint marketing volumes are estimated to fall to between 50,000 and 100,000 bales from the 2020 crop. NCA's commodity packing volumes are expected to improve in the latter half of fiscal year 2021 given recent rainfall.