New Zealand kiwifruit harvest kicks off
New Zealand’s 2025 kiwifruit harvest has started with the first fruit picked in the Bay of Plenty, marking the earliest ever harvest.
One of the country’s largest kiwifruit growers has reported a 44% increase in production this season.
Listed company Seeka has told the New Zealand Stock Exchange that it has packed 43 million trays of class 1 kiwifruit this harvest season, compared to 29.8m trays last year.
Seeka chief executive Michael Franks says the increase is a pleasing recovery after two very challenging years impacted by weather events.
“The additional volume was efficiently processed by our facilities and well within our capability,” he says.
“Availability of labour and automation improvements both contributed to a smooth and effective packing season. Shipping is proceeding well. The impact of the Zespri shipment infested by rodents is not expected to materially impact earnings.”
Franks points out that while the increased trays packed is a signal of a return to profitability, it is too early to accurately predict the financial outcome and to be able to provide reliable financial guidance.
Seeka expects to update the market later in the year.
Franks says the company remains focused on maximising operational earnings, debt reduction, and achieving financial leverage targets.
He thanked all growers, suppliers, contractors and staff for their efforts in concluding the 2024 New Zealand kiwifruit harvest.
Farmlands says that improved half-year results show that the co-op’s tight focus on supporting New Zealand’s farmers and growers is working.
Horticulture New Zealand (HortNZ) says that discovery of a male Oriental fruit fly on Auckland’s North Shore is a cause for concern for growers.
Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.
Beef + Lamb New Zealand (B+LNZ) is having another crack at increasing the fees of its chair and board members.
Livestock management tech company Nedap has launched Nedap New Zealand.
An innovative dairy effluent management system is being designed to help farmers improve on-farm effluent practices and reduce environmental impact.
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