Tuesday, 04 November 2014 00:00

Record returns forecast

Written by 
Record returns forecast

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

Positive first year for ZAG fund

As it enters its second year, Zespri says the first year of the Zespri Innovation Fund (ZAG), has been “really positive”.

Popular Reads

back to top

Featured

DairyNZ thanks farm staff

DairyNZ thanks farm staff

August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.

Editorial: Getting RMA settings right

Editorial: Getting RMA settings right

OPINION: The Government has been seeking industry feedback on its proposed amendments to a range of Resource Management Act (RMA) national direction instruments.

Why is butter so expensive in New Zealand? Fonterra explains

Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.

National

Machinery & Products

» Latest Print Issues Online

dairynewscover
ruralnewscover
winegrowercover

Visit archives

The Hound

Trop de Paris!

OPINION: Your old mate's ear has been chewed off recently by farmers voicing their displeasure with the National Party, particularly…

NZ vs Aussie beef

OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter