A golden season for kiwifruit exports
According to new figures from Stats NZ, kiwifruit exports were valued at $3.1 billion in the year ended August 2024.
Food prices rose 0.3% in August 2021 compared with the previous month, mainly influenced by higher prices for meat, poultry, and fish, Statistics New Zealand (Stats NZ) have announced.
The rises in food prices for August, while modest, mark a fifth consecutive monthly rise.
Meat, poultry and fish prices were up 1.3% in August.
This was mainly influenced by higher prices for roasting pork (up 11%), sausages (up 3.5%), lamb chops (up 5.4%) and porterhouse and sirloin steak (up 2.3%).
This was partially offset by lower prices for chicken, which were down 3.3%.
“Covid-19 restrictions had a minimal effect on price collection in August,” says Stats NZ consumer prices manager Katrina Dewbery.
Fruit and vegetable prices also increased in August, up 0.4%. This was largely due to higher prices for tomatoes (up 16%) and grapes (up 32%).
However, after adjusting for seasonal effects, fruit and vegetable prices fell by 0.2%.
“The weighted average price of both tomatoes and grapes rose sharply to $15.79 and $11.52 per kilogram, respectively,” Dewbery says.
“The prices of tomatoes previously peaked at $13.65 in August 2020, while grape prices peaked at $10.61 in November 2020,” Dewbery says.
These rises were partly offset by falling prices for broccoli (down 26%), strawberries (down 19%), capsicums (down 12%), and avocados (down 21%).
New Zealand’s horticulture sector is projected to reach a record $8 billion by 30 June 2025.
A Nelson lifestyle block owner has been fined $4,200 after she failed to treat a cow suffering from severe cancer eye.
Canterbury milk processor Synlait Milk has lifted its forecast base milk price for the season by 50c to $10/kgMS.
Kiwifruit marketer Zespri got the go-ahead from New Zealand kiwifruit growers to increase their plantings of its fruit overseas.
Almost a year to the day from when he made his first trip to India, Trade Minister Todd McClay is jetting off there again just before Christmas.
Fonterra is set to convert two coal boilers to wood pellets at its Clandeboye site in South Canterbury, a crucial step in Fonterra's commitment to exit coal by 2037.
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