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.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.

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