Seeka Posts Record $62m Profit as Zespri Lifts 2026 Forecast
More signs of a booming kiwifruit sector.
Zespri chief executive Dan Mathieson says this is an exciting time for the kiwifruit industry.
Zespri is working with the industry to facilitate good quality growth.
With 14,000ha of kiwifruit, the industry – right across the supply chain – must collaborate more than ever if it is to match supply to demand.
“We are licensing our Sungold out at 700ha a year, in Bay of Plenty and the regions,” Mathieson says.
“We are seeing great growth for Sungold up north in Whangarei and Kerikeri and further down the East Coast – as well in Gisborne, Napier and even in Nelson.
“Sungold grows better than Zespri green in more locations, which means we are getting a wider regional spread.”
However, the big challenge facing the kiwifruit industry is finding enough quality labour. A survey by the University of Waikato forecast that, based on the growth of the industry, 29,000 more people would be required.
Mathieson says encouraging people to make a career in the industry is a challenge and the industry is looking for support from the Government and others to get the staff needed.
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.

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