Displaying items by tag: SUNGOLD

It could be late next year before a proposal by the Gisborne District Council (GDC) to add the value of new SunGold licences to rating kiwifruit orchard properties is finally settled in the Court of Appeal.

New Zealand Kiwifruit Growers Incorporated (NZKGI) will appeal a recent High Court decision that will allow a licence to grow SunGold Kiwifruit to be included in the value of land, and, therefore, growers’ property rates.

Zespri says it will continue to look at ways of controlling the illegal growing of its SunGold kiwifruit in China.

Low interest rates are driving record enquiries for cash yielding real assets, says the rural syndicate property investor MyFarm Investments.

The kiwifruit variety SunGold is this season set to overtake the traditional green Haywards variety for the first time.

Zespri will this year issue licences for an additional 700ha of SunGold kiwifruit and 50ha of organics.

Zespri officially opened its Middle East office in Dubai earlier this week to manage its growing sales and marketing programmes in this region and other developing markets.

At the end of a record-breaking 2016 season, Zespri is releasing another 400ha of its gold kiwifruit variety SunGold next year.

A massive $50 million spend on new infrastructure and technology by one of the country’s largest kiwifruit packhouses is an example of the rising efficiencies in the industry seen as the shining light of the primary sector.

Gold kiwifruit has transformed the industry in the last 15 years, says Zespri chief operating officer Simon Limmer.