NZKGI Responds to Migrant Worker Exploitation Reports
Where any worker in the kiwifruit industry is mistreated, we expect the authorities to take action.
Zespri is forecasting its revenue from fruit and service payments will be up $155.8 million on last year.
In its August forecast it expects those payments, excluding the loyalty premium, to reach $1.07b for the 2015-16 season.
The current forecast is an increase of $155.8m vs the $915.8m achieved in 2014-15 season. The forecast will be updated this month, then again later in the year.
The August 2015 forecast for Green of $4.87 per tray sits at the lower end of the range previously published (July range $4.80 - $5.20) and compares to $6.01 in the 2014-15 season. But orchard productivity has substantially increased, so the August 2015 forecast per hectare return is $53,841, which is close to the same record return achieved in 2014-15.
August is the first forecast when Zespri puts out tray figures to the industry rather than a range.
The August forecast for Gold orchard gate return is $7.76 per tray, which is at the mid-point of the July range of $7.60 - $7.90 vs $9.80 last year. The per hectare return is forecast at $67,378 vs $73,890 last year.
Green Organic is forecast at $6.75 per tray (July range $6.70 - $7.00) vs $7.37 last year. The per hectare return is forecast at $49,565 vs $43,996 last year. Green14 is at $6.69 per tray (July range $6.50 - $7.10) vs $7.08 last year. The forecast per hectare return is $41,040 vs $29,682 last year.
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.