Kiwifruit set to benefit from NZ-EU FTA
The fast-tracked implementation of New Zealand’s Free Trade Agreement with the European Union (EU) could provide a significant boost for the kiwifruit industry.
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.
Analysis by Dunedin-based Techion New Zealand shows the cost of undetected drench resistance in sheep has exploded to an estimated $98 million a year.
Shipping disruption caused by Houthi rebels in the Red Sea has so far not impacted fertiliser prices or supply on farm.
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
OPINION: We have good friends from way back who had lived in one of our major cities for many years.
OPINION: A mate of yours truly wants to know why the beef schedule differential is now more than 45-50 cents…
OPINION: Your canine crusader understands that MPI were recently in front of the Parliamentary Primary Sector Select Committee for an…