Seeka Posts Record $62m Profit as Zespri Lifts 2026 Forecast
More signs of a booming kiwifruit sector.
Zespri says it is disappointed at the “inaccurate” claims being made by the anonymous Concerned Growers Collective.
Read: Ghost group opposes Zespri vote.
Zespri chief grower and alliance officer David Courtney says contrary to the group’s claims, the Government has never refused to authorise Zespri carrying out 12-month supply activities or ownership of plant variety rights (PVRs), he says.
Over the past 20 years these activities have added huge value to our industry, says Courtney.
“This is reflected in the considerable increase in average returns, orchard values and Zespri’s profitability and returns to growers over successive seasons,” he says.
“We believe securing grower support for these activities through the producer vote will enable us to continue to invest with confidence in our 12-month supply strategy and plant variety rights, and deliver positive orchard gate returns for New Zealand growers.
“To walk away from these activities is to walk away from our shelf space and our consumers.
“Voting against our 12-month supply activities and PVR ownership would mean the industry would be turning its back on the same 20-year strategy that has served it so well and ultimately have a negative impact on New Zealand grower returns.”
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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