Zespri global sales top $5 billion for 2024–25 season amid strong demand
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
According to new figures from Stats NZ, kiwifruit exports were valued at $3.1 billion in the year ended August 2024.
This marks a 20% ($524 million) increase on the same period in 2023.
Stats NZ international trade manager Viki Ward says kiwifruit export values for the season so far are the highest they have ever been.
“The kiwifruit export season is typically from March to November,” Ward says.
Gold kiwifruit exports were $2.4 billion, up $457 million (24%) from the year ended August 2023, driven largely by an increase in quality (up 23%).
Green kiwifruit were valued at $737 million, up $67 million (9.9%) over the same period an increase driven by a price increase (up 9%).
Typically, gold kiwifruit have a higher unit price than green.
“Growers in New Zealand are increasingly planting gold, and now red, kiwifruit, to capture greater export value in markets like China and Japan,” Ward says.
The top destination for gold kiwifruit is China, while the top destination for green is the European Union.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the…
OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left…