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.
The first of October is confirmed as the start date for Plant & Food Research and Zespri's new 50/50 joint venture Kiwifruit Breeding Centre.
October 1 is confirmed as the start date for Plant & Food Research and Zespri's new 50/50 joint venture Kiwifruit Breeding Centre.
The centre will be based in Te Puke, but will also operate out of Kerikeri, Motueka and Mt Albert in Auckland, and have a presence offshore in selected kiwifruit regions. Its focus will be driving greater innovation within kiwifruit breeding, focusing on creating healthier, better tasting and more sustainably-focused varieties.
The proposal to create the centre was signposted in December 2020 and follows two years of due diligence. The centre has now received approval from both the boards of Zespri and Plant & Food Research, as well as the sharehoolding ministers of Plant & Food Research.
The centre will be jointly funded by Plant & Food Research and Zespri, with the organisations sharing royalties from any future commercialised new varieties.
Plant & Food chief executive David Hughes says the decision as an exciting step for industry and innovation.
"It's a natural evolution of the hugely successful 30-year relationship between Zespri and Plant & Food Research which has delivered the world-leading SunGold Kiwifruit variety, alongside Zespri Red. This new venture will carry us further and faster."
Zespri chief executive Dan Mathiesn says the venture underpinned the industry's commitment to accelerate innovation.
"This is an exciting developent for our industry and will allow us to extend New Zealand's position as the world's leading innovator in kiwifruit.
"The centre represents our commitment to broaden our efforts exploring promising new varieties within our research pipeline and bring these to our growers and consumers faster," he says.
Zespri and Plant & Food Research have also announced that experienced agri-food and innovation sector director Michael Ahie has been appointed to chair the Kiwifruit Centre board. Ahie is chancellor of Massey University and a former chair of Plant & Food Research.
Ahie says the board expects to announce the appointment of a chief executive for the Kiwifruit Breeding Centre in the coming month.
Last month's Agritechnica event led to a wide group of manufacturers celebrating successes when the 2026 Tractor of the Year Competition winners, selected by a panel of European journalists, were announced in Hanover Germany.
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.

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