Tuesday, 05 November 2019 08:25

Hort’s star keeps rising

Written by  Pam Tipa
Prices are forecast to remain high for most products. Prices are forecast to remain high for most products.

Horticulture was once again the star in export revenue growth terms in the primary sector.

Horticulture jumped 13.7% in the year ended June 2019 to $6.1 billion, according to MPI’s Situation and Outlook September update.

But dairy was the biggest in monetary terms, growing 8.7% to $18.1b – a $1.47b increase.

Overall primary exports were also up 8.7% to $46.4b to the year ending June 2017 but are expected to drop 0.5% in the current year to $46.2b.

Prices are forecast to remain high for most products, but lower export volumes are forecast in most sectors, says the report.

Horticulture export revenue is forecast to grow 3.8% to $6.3b in the year ended June 2020, with slightly lower yields in the main crops contributing to lower growth this year.

New Zealand apple exports to China in the first half of 2019 were double that for the same period last year.

Apple and pear export revenue for the calendar year 2019 is expected to exceed $800 million due to increases in both export volumes and prices. 

Strong demand from Asian markets, in particular China, has helped offset weaker demand in Europe, the latter attributable to large domestic stocks from the 2018 harvest. 

Export prices have dropped for apple varieties mainly sold in Europe, such as Braeburn. 

Higher kiwifruit prices bring the forecast revenue up 4.5% to $2.53b for the kiwifruit season ending March 2020, despite production volumes for 2019-20 being on par to slightly below last season. 

The recent harvest notably saw gold kiwifruit production volume overtake green for the first time, with some green kiwifruit areas being replaced by new gold licence releases. 

The early start to the gold kiwifruit harvest saw March and April break records for export volume and revenue. Kiwifruit export prices have held through June and are expected to remain strong throughout the export season. 

» Connect with Rural News

More like this

Cherry on top for station’s returns

Twelve hectares of cherry trees planted in September at Mt Pisa Station, Central Otago complete the first stage of a $15.5 million cherry project by the horticultural investment firm Hortinvest.

Hort export figures challenged

Horticulture's export revenue growth is likely to be about 10% in the current financial year – not the 3.8% forecast by the Ministry for Primary Industries.

More RSE workers still needed

HortNZ says the Government is moving in the right direction with its increase in recognised seasonal employers (RSE) workers.

» The RNG Weather Report

Featured

Soil moisture: no more looking over the fence

Farm manager Bryan Mitchell describes as brilliant the SCADAfarm systems that allow him to remotely monitor and manage the irrigation of his 300ha of leased grazing land near Kirwee.

 

Separation gives constant result

Effluent separation offers a number of unique advantages, and opportunities that other systems don’t offer, says farm equipment manufacturer Rakaia Engineering Ltd (REL) Group.

Cultivating the right way

Cultivation of paddocks is common on farms at this time of year. It’s also a time when local storms may occur, adding substantial risk to an important farming practice.

» Connect with Rural News

» Connect with Rural News

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Job hunting?

A mate of the Hound reckons outgoing special agricultural trade envoy Mike Petersen, who is due to finish his current…

Hot air?

With the Government wanting to implement huge costs on the livestock farming sector by making New Zealand the only country…

» Connect with Rural News