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Wednesday 15 May 2024

Kiwifruit

Zespri Sungold auction trading halt 6th May 2024 /

Zespri Sungold auction trading halt

Zespri has halted trading of its ZGL shares on the trading platform Unlisted Securities Exchange to allow for its 2024 SunGold auction to take place.


Zespri catching up after Europe mice discovery 3rd May 2024 /

Zespri catching up after Europe mice discovery

Zespri is now underway with its European sales season after mice on its first shipment into the region caused a delay.


Kiwifruit yield among the best yet – Tirofruit 8th April 2024 /

Kiwifruit yield among the best yet – Tirofruit

Kiwifruit producer Tirofruit says its crops are yielding some of the best results the business has seen.


RubyRed to reach a million trays – Zespri 8th March 2024 /

RubyRed to reach a million trays – Zespri

Zespri says around a million trays or 3,600 tonnes of its RubyRed kiwifruit are expected to be devoured this season.


Seeka falls to $21m pretax loss after extreme weather hurts harvest 28th February 2024 /

Seeka falls to $21m pretax loss after extreme weather hurts harvest

CEO Michael Franks says the 2023 harvest was difficult with a warm wet winter, cyclones and hail affecting orchards.


Zespri on track for $171m+ profit 22nd February 2024 /

Zespri on track for $171m+ profit

CEO Dan Mathieson says all categories other than Organic SunGold are expected to deliver record per-tray returns.


Cautious optimism from under-pressure kiwifruit growers 19th February 2024 /

Cautious optimism from under-pressure kiwifruit growers

New Zealand kiwifruit growers are cautiously optimistic that the 2024 season will be much better than recent years.


SFFF backs Māori kiwifruit exporters with $1m 5th February 2024 /

SFFF backs Māori kiwifruit exporters with $1m

The Ministry for Primary Industries’ Sustainable Food and Fibre Futures Fund is backing Māori Kiwifruit Growers’ export potential.


Seeka, Kainui kiwifruit hiring days in the diary 18th January 2024 /

Seeka, Kainui kiwifruit hiring days in the diary

More than 300 jobs are being offered at a series of February hiring days as this year’s kiwifruit season takes off in Te Tai Tokerau.


Zespri 83% sold through – ahead of last year 21st September 2023 /

Zespri 83% sold through – ahead of last year

Zespri is now 83% sold through, compared with 74% sold through at the same time last season, with a smaller crop this year.


Seeka looks beyond first-half kiwifruit crush 23rd August 2023 /

Seeka looks beyond first-half kiwifruit crush

Seeka remains on track for a full-year loss of between $20m – $25m this year after a punishing period for its foundation kiwifruit business.


US recall of Zespri kiwifruit 9th August 2023 /

US recall of Zespri kiwifruit

US produce distributor David Oppenheimer and Company, trading as Oppy, is recalling repacked Zespri brand organic green kiwifruit because government testing found Listeria monocytogenes in a sample.


Kiwifruit marketing applications open 7th August 2023

Kiwifruit marketing applications open

Kiwifruit New Zealand is inviting applications for new, or reviews of existing multi-year, collaborative marketing arrangements for the 2024 export season.


Kiwifruit harvest leaves growers disappointed 22nd June 2023 /

Kiwifruit harvest leaves growers disappointed

The 2023 harvest of New Zealand’s largest horticultural export has largely ended with the crop now being shipped to overseas markets.


Zespri forecasts 20% drop in exports 11th May 2023 /

Zespri forecasts 20% drop in exports

This year’s challenging weather and reduced yields across its supplier orchards has led to lower export expectations.


NZKGI gets grower backing in levy referendum 6th April 2023 /

NZKGI gets grower backing in levy referendum

New Zealand Kiwifruit Growers Inc says it has received a strong mandate from kiwifruit growers for the next six-year kiwifruit levy cycle.


Green kiwifruit for the sleep win – study 2nd March 2023 /

Green kiwifruit for the sleep win – study

Eating two green kiwifruit a day can improve your sleep quality and mood, and leave you feeling refreshed in the morning, according to new research.


…while Seeka has nowhere to hide from hort challenges 23rd February 2023 /

…while Seeka has nowhere to hide from hort challenges

Produce handler and exporter Seeka was hit by a smorgasbord of disruption in 2022 borne out in a 56% drop in net profit in its full year results.


Zespri puts early estimate to Cyclone Gabrielle impact 23rd February 2023 /

Zespri puts early estimate to Cyclone Gabrielle impact

The latest estimate from Zespri indicates that around 70% of the kiwifruit producing area in the Hawke’s Bay and 25% in Gisborne suffered moderate-to-significant damage from Cyclone Gabrielle.


Rough start for kiwifruit harvest – NZKGI 16th February 2023 /

Rough start for kiwifruit harvest – NZKGI

New Zealand’s 2023 kiwifruit harvest has kicked off with the first crop picked this morning in Pukehina, outside Tauranga, and more kiwifruit to be picked around New Zealand over the coming months.


Zespri CEO apologises to growers 1st February 2023 /

Zespri CEO apologises to growers

Zespri chief executive Dan Mathieson has apologised to growers for an incorrect forecast that has seen the co-op suspend progress payments.


Zespri pauses grower payments as quality issues, costs increase 23rd January 2023 /

Zespri pauses grower payments as quality issues, costs increase

CEO Dan Mathieson says provisional fruit loss in shipments to Asia and Europe neared 20% in Q4.


Zespri 2023 expected to be down 10% 15th December 2022 /

Zespri 2023 expected to be down 10%

Zespri estimates the total 2023 kiwifruit crop will be approximately 10% less than volumes harvested in 2022, according to its latest market update.


Harvest practices contributed to kiwifruit quality issues  – Zespri 6th December 2022 /

Harvest practices contributed to kiwifruit quality issues – Zespri

Lifting the quality of harvest practices provides a key opportunity to improve the quality of next season’s kiwifruit, according to Zespri’s November market update.


Seeka downgrades earnings forecast 17th November 2022 /

Seeka downgrades earnings forecast

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EastPack after $30m to expand capacity 14th November 2022 /

EastPack after $30m to expand capacity

Kiwifruit specialist EastPack intends to raise $30m via an issue of five-year subordinated notes to New Zealand investors.


Zespri reduces 2023 RubyRed, Organic SunGold licence 7th November 2022 /

Zespri reduces 2023 RubyRed, Organic SunGold licence

Zespri is reducing licensing for RubyRed and won’t be releasing any more Organic SunGold Kiwifruit license in 2023 following a review licence arrangements for next year.


Quality issues to hit OGRs – Zespri 31st October 2022 /

Quality issues to hit OGRs – Zespri

Kiwifruit sector Orchard Gate Returns are likely to be revised down as a result of the quality issues experienced this season, according to Zespri.


Zespri warns of up to 15% green, gold kiwifruit losses following frost 20th October 2022 /

Zespri warns of up to 15% green, gold kiwifruit losses following frost

Zespri said that the frost event on 6 October could also hit up to a quarter of its planned RubyRed crop.


Seeka kiwifruit volume damaged by frost 12th October 2022 /

Seeka kiwifruit volume damaged by frost

While many kiwifruit growers are still counting the cost of recent frost on their crops, NZX-listed exporter Seeka made an early assessment of the damage to its fruit.


EPA releases summary report on key kiwifruit chemical 21st September 2022 /

EPA releases summary report on key kiwifruit chemical

The Environmental Protection Authority has released a summary report of submissions about hydrogen cyanamide, a key chemical used in the kiwifruit industry.


Seeka finds first half growth despite headwinds 18th August 2022 /

Seeka finds first half growth despite headwinds

The company says it has a challenging second half of the year ahead after navigating a bruising first six months.


Northland Ruby Red orchard on the block 27th July 2022 /

Northland Ruby Red orchard on the block

A kiwifruit orchard containing one of the country’s biggest plantings of Zespri’s Ruby Red fruit variety has been placed on the market for sale.


Kiwifruit harvest down on 2021 29th June 2022 /

Kiwifruit harvest down on 2021

The 2022 kiwifruit harvest has not shaped up to deliver the record breaking crop that was expected, according to New Zealand Kiwifruit Growers Inc.


Seeka harvest down due to smaller crop, tighter labour 19th May 2022 /

Seeka harvest down due to smaller crop, tighter labour

Seeka expects its 2022 kiwifruit harvest will fall short of forecasts due to lower crop volumes and a tight labour market, but said that it is too early to provide current year earnings guidance.


Zespri trading halt lifted 20th April 2022 /

Zespri trading halt lifted

Kiwfruit marketer and exporter Zespri has lifted its annual trading halt.


Zespri aims for 14 million trays of early SunGold 5th April 2022 /

Zespri aims for 14 million trays of early SunGold

Zespri is procuring 14m SunGold kiwifruit trays ahead of market demand, in advance of main-pack, to ensures it has the volume of gold it need to meet increased market demand.


Kiwifruit demand strong, RubyRed opportunity – Rabobank 4th April 2022 /

Kiwifruit demand strong, RubyRed opportunity – Rabobank

NZ solidifies its position as the world’s largest kiwifruit exporter, with strong global demand indicating more headroom for growth.


Zespri 2022 payout, net profit forecasts rise 25th February 2022 /

Zespri 2022 payout, net profit forecasts rise

Zespri is forecasting its total fruit and service payment for the 2021-22 season to be $2.38bn, up from $2.25bn last season.


Kiwifruit sector forecasts record 190 million tray harvest 18th February 2022 /

Kiwifruit sector forecasts record 190 million tray harvest

The kiwifruit sector is forecasting a record harvest this year of at least 190 million trays.


Gisborne council appealing kiwifruit decision 16th February 2022 /

Gisborne council appealing kiwifruit decision

Gisborne District Council is appealing a decision from the Land Valuation Tribunal, relating to the capital value of a gold kiwifruit orchard in the Gisborne district.


Zespri predicts 33% jump in kiwifruit volumes by 2026-27 1st February 2022 /

Zespri predicts 33% jump in kiwifruit volumes by 2026-27

In its latest five-year outlook released on Thursday, the kiwifruit co-op said it expected New Zealand-produced Class 1 supply to grow from 178 million trays in 2021-22 to 238 million in 2026-27.


Seeka guides FY21 profit near $24m 2nd December 2021 /

Seeka guides FY21 profit near $24m

Seeka says it expects net profit before tax at the upper end of its $22m and $24m guidance range for FY21 thanks to an expected Crown settlement payout over the arrival of the vine killing disease PSA.


Season’s last kiwifruit ships after “difficult” year – Zespri 30th November 2021 /

Season’s last kiwifruit ships after “difficult” year – Zespri

The last of this year’s crop of Zespri Kiwifruit has left Port of Tauranga, concluding another strong but challenging season of New Zealand-grown kiwifruit, says the co-op.


Zespri lifts SunGold returns forecast, cuts organic 24th November 2021 /

Zespri lifts SunGold returns forecast, cuts organic

Zespri has increased its forecast SunGold kiwifruit returns to $11.05 per tray for the 2021-22 season, up from the $10.92 guided in August.


$6.6m acquisition of Orangewood good to go – Seeka 11th November 2021 /

$6.6m acquisition of Orangewood good to go – Seeka

Seeka says all the conditions of its $6.55m deal to acquire Kerikeri-based kiwifruit grower Orangewood Limited have now been met.


Kiwifruit spray submission deadline extended 27th October 2021 /

Kiwifruit spray submission deadline extended

More time has been added for submissions on the potential phase-out of hydrogen cyanamide, an active ingredient in sprays commonly used by kiwifruit growers.


Seeka upgrades profit guidance, expects $7m legal payout 22nd October 2021 /

Seeka upgrades profit guidance, expects $7m legal payout

New Zealand’s largest kiwifruit grower has upgraded its profit guidance for FY21.


Zespri slashes 2022 SunGold licences 21st October 2021 /

Zespri slashes 2022 SunGold licences

The quantity of SunGold Kiwifruit licence to be released in 2022 has been slashed in half to 350 hectares.


RubyRed: Zespri rebrands its red kiwifruit 18th October 2021 /

RubyRed: Zespri rebrands its red kiwifruit

Zespri RubyRed will hit the shelves in commercial volumes in March with around 250,000 trays expected.


Zespri warns chemical ban likely to hurt revenue 1st October 2021 /

Zespri warns chemical ban likely to hurt revenue

Zespri says a proposal to end the use of hydrogen cyanamide will likely hit kiwifruit industry earnings.


Seeka makes $6.6m offer to buy kiwifruit grower 15th September 2021 /

Seeka makes $6.6m offer to buy kiwifruit grower

Seeka has made an offer to acquire Kerikeri-based kiwifruit grower Orangewood Limited.


Seeka interim profit jumps, FY guidance up 20th August 2021 /

Seeka interim profit jumps, FY guidance up

New Zealand’s largest kiwifruit grower, Seeka, posted a sharp rise in net profit before tax in the six months ended 30 June, up 77% to $30.8m compared with the same six months last year.


600 plantings made to support kiwifruit pollination 13th July 2021 /

600 plantings made to support kiwifruit pollination

Six hundred new native plantings have been established in the Bay of Plenty to support kiwifruit pollination and encourage bio-diversity, says Plant & Food Research.


Seeka invests $2.6m into hort tech startup 9th July 2021 /

Seeka invests $2.6m into hort tech startup

New Zealand’s largest kiwifruit grower, Seeka, has bought a $2.6m minority stake in hort tech startup Fruitometry.


Kiwifruit harvest success despite labour issues 2nd July 2021 /

Kiwifruit harvest success despite labour issues

New Zealand Kiwifruit Growers Inc has reported on a successful kiwifruit industry harvest resulting in a record crop, despite a labour crisis caused by border closures restricting Working Holiday Visa holder numbers.


HVN backs kiwifruit sleep link study 1st July 2021 /

HVN backs kiwifruit sleep link study

A study examining the effects of green kiwifruit on sleep quality and the sleep-wake cycle in healthy males has been awarded HVN funding.


Zespri’s northern hemisphere crop sells for $472m 30th June 2021 /

Zespri’s northern hemisphere crop sells for $472m

Zespri’s northern hemisphere kiwifruit crop for the 2020-21 season has been sold for $472m, up 27.9% on the previous season.


KVH calls for grower nominations 29th June 2021 /

KVH calls for grower nominations

The Kiwifruit Vine Health board is calling for nominations for one grower director for a term of three years.


DMS to pump $40m into Te Puke packhouse 21st June 2021 /

DMS to pump $40m into Te Puke packhouse

DMS Progrowers is doubling the size of its existing Te Puke packhouse investing $40m into the project.


Ōpōtiki rolls out welcome mat for OPAC 11th May 2021 /

Ōpōtiki rolls out welcome mat for OPAC

Seeka has been officially welcomed to Ōpōtiki to celebrate its purchase of Ōpōtiki Packing and Cool Storage.


Gold kiwifruit overtakes green 10th May 2021

Gold kiwifruit overtakes green

The total canopy area of gold kiwifruit has now surpassed that of the green variety, according to final agricultural production figures from Stats NZ.


Seeka gets $59m OPAC deal over the line 5th May 2021 /

Seeka gets $59m OPAC deal over the line

A certificate of amalgamation is imminent, formalising the kiwifruit specialists’ deal.


Seeka puts kiwifruit assets up for sale 21st April 2021 /

Seeka puts kiwifruit assets up for sale

A kiwifruit landholding owned and managed by Seeka has been placed on the market for sale.


Seeka shareholders back $60m OPAC takeover 20th April 2021 /

Seeka shareholders back $60m OPAC takeover

Grower support and banking thresholds are the only hurdles remaining.


Seeka lines up $60m OPAC deal 26th March 2021 /

Seeka lines up $60m OPAC deal

The Bay of Plenty-based company is looking to expand its footprint in the kiwifruit sector.


Zespri vote looms as counterfeit kiwifruit plantings grow 24th March 2021 /

Zespri vote looms as counterfeit kiwifruit plantings grow

Zespri is progressing its plan to move against the unlawful growing of kiwifruit in China as illegal plantings increase.


2021 kiwifruit season kicks off 8th March 2021

2021 kiwifruit season kicks off

The 2021 kiwifruit season has begun, forecast to overtake last year’s last year’s record of 157 million trays of export green and gold.


Seeka doubles profit, pays down debt 1st March 2021 /

Seeka doubles profit, pays down debt

The Te Puke-based produce handler more than doubled its annual profit in FY20.


Harvest taster day to get workers into kiwifruit industry 26th February 2021 /

Harvest taster day to get workers into kiwifruit industry

The New Zealand Kiwifruit Growers Inc is offering a harvest “taster day” to tempt job seekers to take up employment in the kiwifruit industry.


Kiwifruit sector agrees to $40m settlement over Psa 17th February 2021

Kiwifruit sector agrees to $40m settlement over Psa

The sector had brought a claim for $450m plus interest.


Migrant exploitation earns Kiwfruit firm $250k fine 10th December 2020

Migrant exploitation earns Kiwfruit firm $250k fine

Rajasekar Chellappa, former owner of Raj Kiwi, failed to pay minimum wage to six workers.


Seeka signs off $27m Australian deal, lifts guidance 10th December 2020 /

Seeka signs off $27m Australian deal, lifts guidance

The kiwifruit exporter gets the go-ahead for a sale and leaseback deal, unlocking more profit for the year.


BOP Kiwifruit packhouse branches out – again 13th November 2020

BOP Kiwifruit packhouse branches out – again

Bay of Plenty’s Mount Pack & Cool plans to expand its operations in 2021.


Kiwifruit disease Psa focus of new research project 13th November 2020

Kiwifruit disease Psa focus of new research project

A new Plant & Food Research project will investigate the bacteria.


KVH in new BOP pest plant programme 4th November 2020

KVH in new BOP pest plant programme

Kiwifruit Vine Health and the Bay of Plenty Regional Council will work together.


Kiwifruit researchers discover key to yield 29th October 2020

Kiwifruit researchers discover key to yield

Kiwifruit production could be optimised by upping the female flowers in an orchard.