Zespri global sales top $5 billion for 2024–25 season amid strong demand
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
Zespri has no financial exposure to Dalian Yidu, the north-east Chinese importer who reportedly has had nine staff arrested by Chinese customs.
“Dalian Yidu imports many New Zealand and global agricultural products. It is one of Zespri’s importers into China, dealing with less than 5% of Zespri’s China volume,” a Zespri spokesman told Rural News.
“Zespri’s NZ supply season to our markets, including China, finished quite a while ago and Zespri has no financial exposure to Yidu. There is nothing to indicate this investigation involves Zespri kiwifruit.”
Dalian Yidu is one of four of Zespri’s importers in China, a spokesman confirmed.
The Ministry for Primary Industries is aware of the issue and is monitoring the situation as a part of our normal market access work.
“Regarding any other companies using this importer, the commercial arrangements between New Zealand exporters and overseas importers are confidential to the parties involved,” a spokesman says.
“MPI has been told, however, that the importer concerned does import other New Zealand commodities from other primary production sectors. The ministry does not hold information on the specific exporting companies.”
Nine staff at Dalian Yidu are understood to have been arrested in relation to importing prohibited fruit and alleged under-declaration of customs duties.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.
Recent results from its 2024 financial year has seen global farm machinery player John Deere record a significant slump in the profits of its agricultural division over the last year, with a 64% drop in the last quarter of the year, compared to that of 2023.
An agribusiness, helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sector, has picked up a top innovation award at Fieldays.
The Fieldays Innovation Award winners have been announced with Auckland’s Ruminant Biotech taking out the Prototype Award.
Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).
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