Zespri Reports Record NZ$5.9 Billion Revenue in 2025/26 Season
Zespri says its global fruit sales revenue has reached a record NZ$5.9 billion from sales of 248.1 million trays.
There were fears that the EU may try to bring up Zespri's single seller status again if NZ walked away from trade talks.
Claims that NZ should have walked away from the EU FTA talks because the deal on beef and dairy was not up to expectations has been dismissed by government ministers, officials and some commentators.
When there was talk that NZ might walk away, the response from the EU was to say something like, 'feel free, but when you return to the negotiating table it won't be business as usual and we'll be expecting you to offer us something'.
Rural News understands that there was a risk that the EU would have demanded that Zespri's single-desk seller status be dismantled, at huge expense and disruption to NZ. This had apparently been raised early on in the talks, but strongly rejected by NZ, however, there were fears that the EU may try to bring it up again.
There were also concerns about the EU wanting to impose what is known as 'patent term extensions' for agricultural chemicals, meaning we would have been forced to use European patented chemicals instead of being able to use generic brands. They were also targeting generic medicines, all of which could have cost NZ millions of dollars.
The apparent rush to get a deal was based on the fast-moving political situation in Europe, with the rise of right wing and green groups who are anti-free trade. This is especially obviously in France where President Macron has already had to bow to such pressure when naming a new agriculture minister. The title is the Minister for Agriculture and Food Sovereignty - the latter word code for protectionism.
As it stands, the European farmer organisation COPA has made clear its opposition to the FTA saying for them the deal is painful and compromises their 'sensitive' sectors.
It is understood NZ's trade negotiators would have liked to get a better deal, but that it was a case of take what's on the table now or face the risk of a much more meagre offering at the end of the year.
Developing pasture species that enable farm animals to produce less biogenic methane and nitrous oxide is a critical tool in NZ's quest to reduce greenhouse gas emissions (GHGs).
DairyNZ chief executive Campbell Parker says the winners of this year’s New Zealand Dairy Industry Awards are leading the way in productivity, sustainability and profitability.
A dinner, debate and auction event with a difference held for the first time in 2025 is back by popular demand to celebrate the start of Fieldays 2026.
Federated Farmers has been urged to consider establishing a policy on artificial intelligence (AI).
As the Agri Women’s Development Trust (AWDT) begins the process of winding down, the organisation’s general manager Julia Jones says there’s still a place for its programmes within the industry.
Southland farmers staring down a May deadline to submit freshwater farm plans under current regional plan rules have been given an 18-month reprieve by the Government.