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

Keep What Works Working: NZ's New Resistance Campaign

New Zealand growers have always adapted to changing conditions, but one challenge is steadily gaining ground across the horticulture sector: resistance.

Blueberries Could Be NZ's Next $150m Horticultural Export

Blueberries have the potential to become a major horticultural export, earning up to $150 million within the next three to five years.

Record Kiwifruit Harvest Brings Optimism, but Green Growers Face Profitability Challenges

Signs for the 2026-27 kiwifruit crop look good, but there are still some challenges for growers – especially those who produce green kiwifruit.

Westpac NZ Becomes First Bank to Accept Zespri Shares as Lending Security

Westpac NZ has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand (RBNZ) to secure and leverage kiwifruit growers' Zespri shares.

Government Backs $47.9m Kiwifruit Growth Programme

New Zealand's kiwifruit industry has welcomed Government co-investment in a new five-year programme designed to help growers produce higher yields of premium fruit, with less water, fewer nutrients and reduced environmental impact.

Featured

Palmerston North Shearer Sentenced After MPI Investigation Into Sheep Abuse

A Palmerston North shearer has been sentenced to six months' community detention and 12 months' supervision after being found to have physically abused three lambs while shearing them.

Power Farming Launches Southland Joint Venture

Power Farming has launched a joint venture in Southland.

Meet the Need Delivers Record 1.27 Million Meals as Food Insecurity Hits One in Three NZ Households

Food rescue charity Meet the Need has released its 2025/26 Impact Report, revealing a record year of growth alongside a stark warning: demand for food support across New Zealand is rising faster than supply can keep up.

NZ Tractor Sales Up 10.7% in First Half of 2026: TAMA

As we move into the second half of 2026, the Tractor and Machinery Association (TAMA) reports that Year-to-Date figures ending June 30 saw new tractor deliveries hitting 1,386 units or 10.7% ahead of the same period in 2025.

NZ Avocado Sector Eyes Bigger Crop and New Export Markets

The avocado sector is entering the new season with a larger crop and positive market opportunities.

Keep What Works Working: NZ's New Resistance Campaign

New Zealand growers have always adapted to changing conditions, but one challenge is steadily gaining ground across the horticulture sector: resistance.