Ōpōtiki grower wins 2025 Kiwifruit Innovation Award
Brett Wotton, an Eastern Bay of Plenty kiwifruit grower and harvest contractor, has won the 2025 Kiwifruit Innovation Award for his work to support lifting fruit quality across the industry.
Zespri's net profit — after tax — for 2017-18 increased by 38% to $101.8 million.
It says the result was primarily driven by revenues from the release of 400ha of SunGold licence in 2017, as part of Zespri’s continuing programme to fulfil consumer demand.
The total dividend returned to shareholders was 76 cents per share, versus 25c/share in the previous season. The payout included an additional interim dividend of 50c/share to distribute most of the funds generated through the 2017 SunGold licence round.
Sales volumes through the non-New Zealand supply segment, that enables Zespri to supply consumers with kiwifruit 12 months of the year, fell by 8%.
Supply of Green was reduced because of a damaging frost in Italy. However, SunGold sales in Italy increased to offset the fall, with the Zespri Global Supply business recording total sales revenue of $264m, up from $217m in 2016-17.
Zespri chief executive Dan Mathieson says they anticipate record production of NZ and non-NZ kiwifruit this year driven by increasing supply of SunGold and a recovery in supply of Green.
“Our challenge is to continue to lift our performance by staying focused on improving the execution of our brand-led, consumer-focused strategy, supported by excellence in marketing and strong, connected partnerships with growers, suppliers, distributors and retail partners.”
A recently held arable field day in the Manawatu brought with it a timely reminder to be on the lookout for velvetleaf incursions.
In a significant shift for employers, wage theft is no longer only a civil matter but now also a criminal one.
In partnership with Growing Future Farmers (GFF), Fonterra says it is increasing support for young people entering the dairy industry with a new two-year programme.
OPINION: The Government needs to act now to address consenting issues faced by farmers throughout the country.
NZ First leader Winston Peters has continued his criticism of Fonterra to sell its brand business to the French company Lactalis, saying the move is "utter madness".
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.