Tuesday, 04 November 2014 00:00

Record returns forecast

Written by Rural News Group

font size decrease font size increase font size
Print
Email

ZESPRI SAYS its forecast per hectare returns have broken $50,000 for the first time, predicting orchard gate returns per hectare of $51,047.

This compares to $42, 659 for the 2013 season.

The October forecast Green return per tray has increased to $5.71 from $5.34 forecast in August, supported by price increases in Europe.

The October forecast for Gold is $9.57 per tray, up from an August forecast of $9.36; Organic Green $6.81, up from $6.35; and Green14 $6.98, up from $6.93.

The total fruit and service payment, across all pools and excluding the loyalty premium, is forecast at $882.46 million, up from $856.2 million in the August 2014 forecast.

The Zespri net profit is forecast to be $22 million to $27 million including recognising $6.3m of Gold licence revenue from prior seasons not yet received.

More like this

Zespri Launches “Grown for Good” Global Brand Platform

Zespri has unveiled Grown for Good, a refreshed global brand platform, in an effort to reinforce the company's commitment to nutrition and creating value across the kiwifruit industry.

NZ Kiwifruit Growers Set for Higher Returns Despite Risks

Despite the ongoing bad news on the geopolitical front, New Zealand kiwifruit growers may be in for a good payout.

Zespri Expands RubyRed™ Kiwifruit to 16 Markets as Volumes Surge

More than five million trays, or 18,000 tonnes, of Zespri’s RubyRed Kiwifruit will soon be available for consumers across 16 markets this season.

Reading Between the Isobars: Apple and Kiwifruit Harvest Conditions Looking Up

As we move into the late-summer and autumn period, much of the country’s fruit growing regions are entering operationally critical windows of the horticultural calendar. The question on grower’s minds is ‘what is the outlook for the March-April harvest?’

Editorial: A Win-Win For All

OPINION: A bumper season all around.

Featured

Āta Regenerative Brings Global Soil and Water Experts to New Zealand Farms

Āta Regenerative is bringing international expertise to New Zealand to help farmers respond to growing soil and water challenges, as environmental monitoring identifies declining ecosystem function and reduced water-holding capacity across farms.

Yili’s New Zealand Dairy Group Posts Record $1.58 Billion Revenue

Yili's New Zealand businesses have reported record profits following a major organisational and strategic transformation.

Hino Truck Owners Have 10 Days Left to Register for Proposed $10.9M Settlement

Owners and lessees of certain Hino Trucks New Zealand diesel vehicles have just 10 days remaining to register or opt out of a proposed $10.9 million class action settlement.

Silver Fern Farms Airfreights 90 Tonnes of Chilled Meat to UAE Amid Freight Disruptions

Silver Fern Farms has successfully produced and delivered 90 tonnes of premium chilled New Zealand lamb and beef to the United Arab Emirates via airfreight.

New Zealand Tractor Sales Climb 5% in First Quarter of 2026

For the first three months of 2026, new tractor deliveries saw an increase over the previous two months, resulting in year-to-date deliveries climbing to 649 units - around 5% ahead of the same period in 2025.

FAO Warns Strait of Hormuz Fertilizer Crisis Could Tighten Global Food Supplies Into 2027

QU Dongyu, director-general of the Food and Agriculture Organization of the United Nations (FAO), has issued a warning saying that global fertiliser scarcity caused by disruptions in the Strait of Hormuz will lead to lower yields and tightening food supplies into 2027.