Murray River Group has delivered a harvest that’s even lower than the disastrous 2017 one.

The fruit grower (ASX:MRG) harvested 3105 tonnes of dried fruit and fresh table grapes.

In 2017, a season riven by bad weather, it produced 3114 tonnes.

But after a dire warning in early May which prepped shareholders for the bad news, investors got in behind the struggling agribusiness on Monday morning, pushing its shares up 3 per cent to 30.4c on Monday morning.

The quality was reported as “good” but some farms reported small sized fruit which hurt yield volume.

The company admitted that agronomy — the use of technology to grow food — low sales, and management decisions over the last 12 months had hurt the harvest.

In the May warning, Murray River said its customers were wanting more lower value dried fruit than expected, and the full year earnings loss would be around $28.9 million.

It’s also expecting to write down last year’s leftovers by $1.7 million, but warns that figure could grow.

In May last year, wet and cold weather meant they had to slash EBITDA earnings forecasts of $15.9 million in half and profit from $6.6 million to less than $1 million.

That led to a series of ASX queries as to when the company knew the harvest had been decimated, the forced exit of the founders and than a boardroom battle that saw them regain control, before selling out.

The company is also reinstating 23 product lines that were discontinued in November last year.

Stockhead is seeking comment from Murray River.