Seeka Posts Record $62m Profit as Zespri Lifts 2026 Forecast
More signs of a booming kiwifruit sector.
Zespri chief executive Daniel Mathieson (right) and orchard owner Gopa Bains look over the first commercial Zespri RubyRed harvest, near Te Puke. Photo by Jamie Troughton/Dscribe Media.
The first kiwifruit for the new season are now being picked and not surprisingly this is taking place in the kiwifruit capital of NZ - Te Puke.
Zespri's new RubyRed is the first variety to be picked and it's also the first time this new sweet and tasty kiwifruit has been picked commercially. It will be available on some NZ supermarket shelves and also exported.
Zespri's chief grower, industry and sustainability officer Carol Ward says as well as a continued increase in SunGold Kiwifruit volumes this season, the company is excited about the first year of commercial volumes of Zespri RubyRed Kiwifruit becoming available.
"We know this is keenly anticipated by our consumers in New Zealand, Singapore, Japan and China," she says.
Ward says the industry requires 24,000 people to pick and pack the crop this year. But she says forecast surges in Covid-19 infection rates are expected to restrict the availability of New Zealanders.
"In addition, the opening of New Zealand's borders is expected to be too late to replace the 6,500 backpackers usually required for harvest," she says.
NZ has some 2,800 growers who produce kiwifruit across 13,000 hectares of orchards between Kerikeri in the north and Motueka in the south.
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
Meat Industry Association data, released alongside the Red Meat Sector conference in Wellington, shows export value climbing across the US, China, UK and Canada.
Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.
The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.
Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.

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