May 22 (Reuters) - Select Harvests Ltd SHV.AX :
* LOOKING FORWARD TO 2021 CROP, TREE HEALTH REMAINS GOOD
* SEES LARGE HIGH QUALITY CROP OF 22,600 MT IN 2020
* ESTIMATE WE WILL ACHIEVE PRICE OF A$8.20/KG FOR 2020 CROP
* SOME SHIPMENTS OF ALMOND KERNEL & INSHELL HAVE BEEN DELAYED WHICH WILL IMPACT TIMING OF CASHFLOWS
* WEATHER FORECASTS, WATER MARKET CONDITIONS & STORAGE LEVELS SHOULD SEE SIGNIFICANT DROP IN ANNUAL WATER ALLOCATIONS PRICE
* SEES 2020 PROCESSING COSTS TO BE IN LINE WITH 2019
* FOOD DIVISION IS FORECASTING IMPROVED RETURNS IN SECOND HALF OF YEAR