Tuesday, 12 July 2016 11:55

Strong participation in G3 licence release

Written by 
Zespri chairman Peter McBride. Zespri chairman Peter McBride.

The closed tender bid process for the Gold3 licence for attracted strong participation, with over 1000 growers bidding for licence, Zespri says.

One aspect of the tender process is a good spread of hectares among growers, with 266 successful bids and an average size of bids well under 2ha for each category, it says in its Kiwiflier newsletter.

Zespri chairman Peter McBride says, "It is satisfying to see relatively broad participation in the process. The level of participation and the high median price of successful bids reflect, I believe, the strong level of confidence in the product."

The average size of the successful bid was 1.31ha for the restricted tender (for Green and Green14 conversions) and 1.77ha for the unrestricted tender.

The result indicates a good level of accessibility in the process, with just one successful bid for more than 10ha of licence. Both the restricted and unrestricted tenders were oversubscribed, and the available area was allocated to the highest priced valid bids.

The regional spread of licence allocation was concentrated in the Bay of Plenty but there were allocations also in Gisborne, Waikato, Auckland, Coromandel, Hawkes Bay and Northland.

Zespri will provide an update on the performance of Gold3 in the markets later in the season. It is expected that in November there will be sufficient information to provide the industry a clear signal regarding the potential release of Gold3 hectares

More like this

Featured

Elite sheep dogs to go head-to-head at Ashburton A&P Show

A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.

Safer Rides initiative boosts farm quad bike safety

According to a new report, the Safer Rides initiative, which offered farmers heavily discounted crush protection devices (CPDs) for quad bikes, has made a significant impact in raising awareness and action around farm vehicle safety.

Editorial: Farewell Jim

OPINION: In the past weeks, much has been said and written about one of New Zealand's greatest prime ministers, James Brendan Bolger, who died just a few months after his 90th birthday.

National

Tributes paid to Jim Bolger

Dignitaries from  all walks of life – the governor general,  politicians past and present, Maoridom- including the Maori Queen, church…

Machinery & Products

» Latest Print Issues Online

The Hound

Red faced

OPINION: The Greens have taken the high moral ground on the Palestine issue and been leading political agitators in related…

Cold comfort

One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter