Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Early Indications Very Positive On Zespri Crop


Early Indications Very Positive On Zespri Crop

ZESPRI International has completed its first Crop Estimate for the 2003 season and the early signs are very positive.

Priority has been given to gaining more robust crop forecast data. With an increased number of monitor orchards and a slightly later crop estimate date (by two weeks), ZESPRI is confident the 2003 estimate gives an accurate picture of the season ahead.

Not withstanding the impact of unseasonable spring frosts and hail last year, present indications suggest a good ZESPRI™ GREEN Kiwifruit crop, with tray volumes up by almost 5%, along with larger sized fruit

The ZESPRI™ GOLD Kiwifruit crop has taken a large leap in volume, T/E’s expected to be up to almost 9 million, (8 million T/E’s in 2002) and is of a large profile.

ZESPRI™ORGANIC also looks to have larger fruit than last season with tray numbers similar to the 2002 season.

Early market prospects are very encouraging with Northern Hemisphere fruit selling through well, with prices easing back slightly.

It’s anticipated that the appreciating New Zealand dollar will have an impact on grower returns despite strong market indicators and ZESPRI’s effective foreign exchange cover. The size of that impact can’t be determined until the start of the season and the foreign exchange rates relative at that time.

The focus for 2003 is to continue to optimise returns on the new season’s crop and push strategic initiatives.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>