Zespri signals upside for grower payments in 2020

Tue, 23 Apr 2019

By Gavin Evans April 23 (BusinessDesk) - Kiwifruit marketer Zespri is forecasting a potential lift of up to 6 percent in payments to growers this season. The firm, which markets kiwifruit on behalf of 2,500 New Zealand growers and another 1,200 in Italy, Japan, Korea and France, is expecting total fruit and service payments of $1.775 billion to $1.875 billion in the year ending March 2020. Zespri is yet to publish its March 2019 year results but in February forecast a total payment of almost $1.77 billion for that year. That figure, wh...

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