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.
Orchard values are going through the roof compared even with pre-Psa levels, says Zespri chief operating officer Simon Limmer.
He says the vine killing disease Psa impacted growers' balance sheets significantly, but the banks were flexible in working through Psa issues with growers.
"Most growers were able to survive Psa and see their orchard values not only recover but increase significantly. Land values in kiwifruit country are through the roof, particularly the Gold but even the Green.
"The kiwifruit industry is attracting a lot of attention in the primary sector compared to what's going on with other primary industries."
Orchard gate returns are about $65,000/ha on average across the whole industry. That's compared to about $30,000 in the 2005-06 period.
Limmer adds that Gold3 has been a big driver of the shift, so has greater productivity overall, particularly in Green.
The Green on average is forecast to maintain on average $50,000/ha; the cost per hectare has risen significantly in the last few years from about $20,000 to $25,000 - $30,000/ha.
Psa forced growers to be more vigilant and more proactive in protecting their crops. But productivity has also grown.
Gold is delivering $100,000 - $130,000/ha in yield and market price. On-orchard costs are $30,000 - $35,000/ha and productivity is higher.
The value of a Gold orchard is said to be about $600,000/ha (from about $450,000/ha pre Psa) and Green is about $400,000/ha (from about $250,000/ha).
Showcasing the huge range of new technologies and science that is now available was one of the highlights at last week's National Fieldays.
Coby Warmington, 29, a farm manager at Waima Topu Beef near Hokianga was named at the winner of the 2025 Ahuwhenua Young Maori Farmer Award for sheep and beef.
Northlanders scooped the pool at this year's prestigious Ahuwhenua Trophy Awards - winning both the main competition and the young Maori farmer award.
Red meat farmers are urging the Government to act on the growing number of whole sheep and beef farm sales for conversion to forestry, particularly carbon farming.
The days of rising on-farm inflation and subdued farmgate prices are coming to an end for farmers, helping lift confidence.
A blockbuster year and an exciting performance: that's how Ministry for Primary Industries (MPI) Director General, Ray Smith is describing the massive upsurge in the fortunes of the primary sector exports for the year ended June 2025.
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