PGG Wrightson Revenue Tops $1.1b as Profit Jumps 46%
After delivering a strong financial year, rural trader PGG Wrightson says the coming months will depend on customer confidence and weather.
Zespri says it’s excited about another strong season shaping up for the kiwifruit industry.
The chief grower and alliances officer, David Courtney, says this season started a little earlier and the industry is right into harvest now.
He told Hort News that for the first time ever they are expecting to supply more SunGold than Green. Latest estimates are 75 million trays of SunGold and slightly fewer than 75m trays of Green.
“The dry weather in most growing regions has created some uncertainty on fruit sizing, but we’re expecting a great tasting crop,” Courtney says.
“Our first vessel has taken fruit to Japan and China, our two biggest markets. We’ll export 600,000 pallets of kiwifruit and use 18,000 containers and 45 charter vessels to transport our fruit to Asia, Europe and the Mediterranean.”
Courtney says the early feedback from the markets has been positive.
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New Zealand wool is reaching new heights as air filtration companies move away from synthetic products to biodegradable alternatives.
Opuha Dam's ability to protect South Canterbury communities from major flooding has taken a significant step forward, with Opuha Water Limited (OWL) successfully commissioning a new outlet valve capable of releasing record volumes of water from the dam ahead of a weather event.
There's been widespread support from the primary sector for the Government's announcement on changes to freshwater farm plans that come under the Natural Environment Bill, which is now set to replace the existing RMA.
A partnership between state-owned enterprise Pāmu (Landcorp Farming Limited) and charity Meet the Need is putting more than quality New Zealand beef into food bank parcels this year.
The Opportunity Party has faced criticism during the election campaign that its policies are too urban-focused and offer little for rural communities.

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