McClay off to India - again
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.
Kiwifruit marketer Zespri got the go-ahead from New Zealand kiwifruit growers to increase their plantings of its fruit overseas.
The new arrangements will see up to 420 additional hectares of Zespri SunGold Kiwifruit per year over six years planted in Italy, France, Japan, South Korea and Greece starting next year. Kiwifruit plantings are already licensed by Zespri in several countries because it allows NZ kiwifruit to be available year round and fill a gap when NZ fruit is not available
Regulations required Zespri to get at least 75% support from growers to increase its overseas plantings. A vote was taken and an overwhelming 90.6% of kiwifruit growers supported the move. The voter turnout was 72.21%.
In the past, growers had rejected such a proposal, but this time the kiwifruit growers organisation NZKGI openly backed the Zespri move, with chief executive Colin Bond saying it makes sense that NZ should fill any gap in the market. He says markets are becoming increasingly competitive and NZ cannot leave a gap for competitors.
“That is why we have supported this Zespri initiative,” he says.
Zespri chief executive Jason Te Brake says the result of this vote is crucial to working towards 12-month supply for key customers in key markets, filling more demand and supporting NZ grower returns into the future.
“The outlook for Zespri Kiwifruit is positive. I’ve spent a lot of time in the markets with our customers in 2024; they want more of our fruit, and they want it all year,” he says.
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.
Export revenue for the primary sector is forecast to bounce back in the coming year – but still not back the high levels of 2022/23.
With the advent of climate change, dairy farmers could expect to be dealing with more days where their cows are suffering from heat stress.
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