Zespri global sales top $5 billion for 2024–25 season amid strong demand
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
Seeka Kiwifruit has handled record volumes in the packing season, with more than 30 million trays handled in New Zealand for the first time.
This compares to about 26,400 million last year.
It has now completed kiwifruit packing operations in Australia and New Zealand for the 2016 season.
Seeka now heads into the storage and inventory management portion of the season in New Zealand, while at the same time it completes its kiwifruit sales program in Australia. The Australian pear selling season is anticipated to complete in October.
New Zealand volumes handled by Seeka were up by 16.6% at 30.8 million trays. This figure includes approximately 700k trays that will be removed from the inventory or at time of packing, through crop management. All volumes have been handled within the company's infrastructure, and Seeka now moves to managing more than 16 million trays in store.
Australian kiwifruit volumes at 580k trays were behind expectation by about 109k trays, but have sold well in the market. Nashi pears are continuing to be packed out and the selling program expected to be completed in October.
The company is expected to report on its first six months earnings and provide commentary on trading on or around August 25, 2016.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.
Lincoln University Dairy Farm will be tweaking some management practices after an animal welfare complaint laid in mid-August, despite the Ministry for Primary Industries (MPI) investigation into the complaint finding no cause for action.
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.

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