Scales and Seeka saw a tough year for horticulture

Scales and Seeka saw a tough year for horticulture
(Image: Getty)
Rebecca Howard
Both Scales Corp and Seeka are evaluating the impact of Cyclone Gabrielle on their businesses after an already challenging financial year for horticulture.Seeka said its net profit after tax was $6.5 million in the year to Dec 31, down 56% on the year. Higher labour costs and lower yields impacted margins.  "Seeka and its supplying growers experienced a very difficult year with covid-19, extreme labour shortages, shipping disruptions, lower kiwifruit yields and poor fruit quality all impacting returns," Seeka's chief exe...

More Primary Sector

Livestock Improvement Corp posts strong profit but warns of FY26 one-offs
Primary Sector

Livestock Improvement Corp posts strong profit but warns of FY26 one-offs

Dairy genetics company Livestock Improvement Corporation (LIC) posted a stronger result for the 12 months to May 31, but warned the current financial year would be impacted by one-offs.LIC booked a full-year after-tax profit of $30.6 million for the 12 months to May 31, up from $...

UPDATE: NZ-Canada dairy dispute resolved says NZ Trade Minister
Primary Sector

UPDATE: NZ-Canada dairy dispute resolved says NZ Trade Minister

A long-running dairy dispute with Canada has been resolved, says Trade and Investment Minister Todd McClay“The Government is pleased that this dispute has now been settled, and New Zealand exporters are guaranteed better access to the Canadian market,” McClay said.Under the agree...

Silver Fern Farms optimistic on the outlook for red meat
Primary Sector

Silver Fern Farms optimistic on the outlook for red meat

The geopolitical environment casts a shadow, however. 

Riley Kennedy 17 Jul 2025
Gene sequencing technology on track for routine agriculture use
Primary Sector

Gene sequencing technology on track for routine agriculture use

Lincoln University scientists say gene sequencing could slash pesticide use.

Greg Hurrell 15 Jul 2025