Positive first year for ZAG fund
As it enters its second year, Zespri says the first year of the Zespri Innovation Fund (ZAG), has been “really positive”.
The first shipment of the 2023 New Zealand kiwifruit season recently departed the Port of Tauranga, carrying around 2,500 tonnes (more than 600,000 trays) of Zespri SunGold Kiwifruit to customers in Japan.
The ship is expected to reach Tokyo in early April before sailing onto Kobe. It is the first of 53 charter vessels Zespri will use this season to deliver around 145 million trays of Green, SunGold and RubyRed Kiwifruit to more than 50 countries.
This season’s charter programme will include three services to Northern Europe, seven to the Mediterranean, two to North America’s West Coast and 41 to Asia, with a further 73 million trays to be shipped using container services.
Zespri’s Jason Te Brake says that after a really challenging 2022 and a tough start to 2023 – given adverse weather events including Cyclone Gabrielle’s impact in Hawke’s Bay and Gisborne – the start of the new season represented a reset for the industry.
“Demand for our fruit remains strong, and with this season’s harvest ramping up over the coming weeks, we’ll soon move into main pack where the bulk of our fruit is harvested.”
“While Covid-19 caused significant shipping disruption in recent years, we’re expecting a more stable shipping environment this season, with better transit times delivering fruit to markets,” he says.
A major floodway infrastructure upgrade has been completed in Edgecumbe, providing enhanced flood protection and resilience for the local community.
Rural retailer Ruralco says it has made a $10,000 donation to the Mid Canterbury Rural Support Trust (MCRST) following the Ruralco Golf Classic held last month.
According to a new farmer survey, many farmers are rejecting New Zealand’s current ruminant methane strategy.
As the New Zealand Dairy Industry Awards night unfolded, it became evident that Waikato’s Thomas and Fiona Langford were the frontrunners for the biggest prize of the night – the 2025 Share Farmers of the Year award.
New Zealand’s dairy sector cannot expect India to be a market for all its dairy products.
Meat processor ANZCO Foods’ net profit has plunged on the back of lower market returns which squeezed margins and impacted business performance.
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