Seeka Posts Record $62m Profit as Zespri Lifts 2026 Forecast
More signs of a booming kiwifruit sector.
Zespri’s Northern Hemisphere production plays a central role in supporting its objective of maintaining 12-month supply.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
That includes 26 million trays of Zespri SunGold Kiwifruit (or 93,600 tonnes), a 30% increase on last season, alongside 7 million trays of procured Zespri Green Kiwifruit from Greece and Italy (25,200 tonnes).
Nick Kirton, Zespri's executive officer - northern hemisphere supply, says the increase in SunGold volumes reflects mostly favourable growing conditions, with Italy contributing a 35% increase in Zespri SunGold and Zespri Organic SunGold volumes compared to last season.
“Following the completion of sales of New Zealand-grown SunGold Kiwifruit in Europe, our ZGS SunGold sales programme has now been underway for the past few weeks," says Kirton.
"We’ll also be transitioning to ZGS-grown SunGold Kiwifruit in our Asia markets and in the US in December, with Zespri Green sales getting underway as soon as we’ve wrapped our New Zealand Green programme, with Europe now underway,." he adds.
Zespri’s Northern Hemisphere production plays a central role in supporting its objective of maintaining 12-month supply to customers and consumers in global markets to support its position as the category leader in kiwifruit, strengthening New Zealand and offshore grower returns.
Kirton says Zespri is looking forward to providing more high-quality, great tasting kiwifruit from the Northern Hemisphere in the coming years.
Work has been underway since January to roll out the additional 420 hectares of Zespri SunGold Kiwifruit for Zespri’s Northern Hemisphere growing regions following the successful New Zealand Producer Vote at the end of 2024.
This includes 300 hectares allocated to Italy, 70 to Greece, and 40 to France with the remaining area to be developed in South Korea.
This expansion marks the first commercial production of SunGold Kiwifruit out of Greece. Zespri is also set to be able to provide customers and consumers in Europe with its red-fleshed Zespri Red variety, with the commercialisation of 170 hectares of red approved in Italy over the next two years.
“The expansion of our Northern Hemisphere growing operations has sent a clear signal of our confidence in the long-term demand outlook for Zespri Kiwifruit and enables us to continue partnering with the best local growers.
“Each season, we work closely with our supply chain partners to improve productivity while maintaining the highest quality standards that define our brand, and we’re looking forward to a strong start to the Northern Hemisphere sales season,” Kirton concludes.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…