Positive forecast for Zespri growers

Kiwifruit. Photo: Zespri.

Zespri has released its November forecast for the 2024/25 season with forecast returns up across almost all categories from the last forecast in August.

At a per tray level, forecast Orchard Gate Returns have increased for all categories other than RubyRed, while forecast per hectare returns are now at record levels for Green and Organic Green on the back of improved yields while maintaining strong value in the market.

Forecast per hectare returns for SunGold are also up from August and remain steady for Green14 and RubyRed.

CEO Jason Te Brake said the season has progressed well, with positive forecast returns reflecting a strong collaborative effort across the industry in delivering record crop volume, positive foreign exchange gains and savings from advertising and promotional spending efficiencies.

“The lift in forecast OGRs reflects the strong fruit quality we’ve seen this season when there’s been a record crop of more than 190 million trays to sell," said Te Brake.

“There’s strong demand for Zespri Kiwifruit which is supporting a strong season finish with our teams in market focused on minimising late season quality costs.

“SunGold quality has been particularly strong this season, supported by strong sales in our key markets and while Green quality has become more challenging at the back end of the season, we’re managing this with just a few weeks’ worth of fruit left to sell as we look to maximise the value we return to growers." 

Te Brake said it’s pleasing to see the industry’s efforts in delivering quality fruit at large volumes to their customers. 

"We look forward to closing out the New Zealand season strongly.” 

Full details of the November 2024/25 forecast per tray and per hectare returns for all categories are outlined in the table below.

2024/25 November OGR Forecast per tray and per hectare returns

Pools  

(Fruit Categories)  

2024/25 November Forecast Per Tray 

2024/25 August 

Forecast 

Per Tray 

2024/25 November Forecast Indicative  

Range 

Per Tray 

2024/25 August Forecast Indicative Range 

Per Tray 

2024/25 November Forecast 

Per Hectare 

 

2024/25 August 

Forecast 

Per Hectare 

2024/25 November Forecast Indicative  

 Range 

Per Hectare 

2024/25 August Indicative Range Forecast 

Per Hectare 

Zespri Green  

$8.10 

$7.80  

$8.00-$8.20 

$7.50 - $8.10 

$86,948 

$83,280 

$86,000-$88,000 

$80,000 - $86,000 

Zespri Organic Green   

$11.17 

$11.10  

$11.00-$11.40 

$10.60 - $11.60  

$86,154 

$84,903  

$85,000 - $88,000  

$81,000 - $89,000  

Zespri SunGold Kiwifruit   

$11.22 

$10.68   

$11.10-$11.30 

$10.40 - $11.00  

$162,290 

$154,113  

$161,000 - $164,000  

$150,000 - $159,000  

Zespri Organic SunGold Kiwifruit   

$14.32 

$13.45   

$14.10-$14.50 

$13.00 - $14.00  

$147,296  

$138,390  

$145,000 - $149,000  

$134,000 - $144,000  

Zespri Green14   

$8.47 

$8.36   

$8.30-$8.70 

$8.00 - $8.75  

$53,956 

$53,272  

$53,000 - $55,000  

$51,000 - $56,000  

Zespri RubyRed Kiwifruit   

$16.60 

$16.74   

$16.40-$16.80 

$16.25 - $17.25  

$71,047  

$71,653  

$70,000 - $72,000  

$70,000 - $74,000  

 

0 comments

Leave a Comment


You must be logged in to make a comment.