Zespri global sales top $5 billion for 2024–25 season amid strong demand
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
The TPP will generate significant value for the New Zealand kiwifruit industry, says marketer Zespri.
The agreement will eliminate tariffs on kiwifruit exports in all 12 Asia-Pacific nations.
The other countries in the agreement – Brunei, Chile, Singapore, USA, Australia, Peru, Vietnam, Malaysia, Mexico, Canada – either do not have tariffs on kiwifruit, have existing free trade agreements with NZ or do not currently import NZ kiwifruit.
Zespri chief executive Lain Jager says the immediate impact will be in Japan, the industry's largest market.
In 2014, the industry paid over $15 million in tariffs into Japan.
"If this tariff relief was passed straight through to New Zealand growers, it would equate to savings of over $1000 for every hectare of kiwifruit grown in New Zealand." say Jager.
Adding, "This tariff elimination will also benefit Japanese consumers by supporting our competitiveness against other fruit in Japan."
Jager says he welcomes further details of the Agreement and he hopes these will help to balance some of the concerns that have surrounded the negotiations.
"The reality is that New Zealand is a small nation reliant on exporting to earn our way in the world and these agreements are vital to our future prosperity as a nation," says Jager.
"This Agreement follows recent successes by the government of New Zealand in achieving tariff elimination through agreements with Korea and Taiwan, and we are grateful for the support of our government in encouraging trade."
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
Six industry organisations, including DairyNZ and the Dairy Companies Association (DCANZ) have signed an agreement with the Ministry for Primary Industries (MPI) to prepare the country for a potential foot and mouth outbreak.
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