Tag: New Zealand Kiwifruit Growers

Trans Pacific Partnership Another Win for Kiwifruit Growers

Press Release – New Zealand Kiwifruit Growers New Zealand Kiwifruit Growers Inc. (NZKGI) welcomes the overnight signing of the Trans Pacific Partnership (TPP) Agreement another big win for kiwifruit growers following the recent tariff elimination agreement with Korea. Trans Pacific Partnership Another Win for Kiwifruit Growers MEDIA RELEASE Tuesday 6 October 2015 New Zealand Kiwifruit Growers Inc. (NZKGI) welcomes the overnight signing of the Trans Pacific Partnership (TPP) Agreement – another big win for kiwifruit growers following the recent tariff elimination agreement with Korea. Once fully implemented, the TPP Agreement will result in the elimination of annual export tariffs to the 12 Asia-Pacific countries, equalling around $26 million for New Zealand fruit and vegetable growers. NZKGI President, Neil Trebilco says the most significant result in the agreement for kiwifruit growers is the elimination of tariffs into Japan. “Japan is the largest market for New Zealand kiwifruit and growers can expect to see significant savings of around $15 million per year from eliminating the six percent tariff. On top of the recent announcement phasing out tariffs for the industry’s seventh-largest market Korea through a separate Free Trade Agreement, these combined agreements will have a significant impact on grower earnings. “New Zealand kiwifruit growers pay around $22 million in annual Korean tariffs so the combined savings once both agreements have been rolled out will equal around $37 million. “Getting New Zealand...

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New Zealand Kiwifruit Growers Incorporated AGM

Press Release – New Zealand Kiwifruit Growers New Zealand Kiwifruit Growers Incorporated (NZKGI) held its Annual General Meeting today, Wednesday 22 July 2015, updating growers on its key projects and reflected on a successful year. New Zealand Kiwifruit Growers Incorporated Annual General Meeting 22 July 2015 New Zealand Kiwifruit Growers Incorporated (NZKGI) held its Annual General Meeting today, Wednesday 22 July 2015, updating growers on its key projects and reflected on a successful year. NZKGI President, Neil Trebilco, says grower confidence and orchard values have continued to increase over the last twelve months. “The main factors in this increasing optimism are the reduced effects of Psa and increasing OGRs per tray, particularly for Green. “The increase in Green per tray returns this last year has been driven by a combination of a substantial reduction in Hayward Green production in Chile, strong in-market pricing plus low fruit loss on and off shore. Counterbalancing this however, is the strong NZ dollar compared to the Yen and Euro – this will likely impact returns in coming years. Heightened activity in kiwifruit orchard sales has continued and per hectare prices are continuing to substantially increase.” NZKGI’s key projects for the reporting period are summarised below. Safeguarding the Single Point of Entry The kiwifruit industry’s Single Point of Entry (SPE) structure is key to its continued success and is a major focus for NZKGI....

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