[2 February/ Rural News Group]

Growth is expected to continue in the New Zealand kiwifruit sector after last year’s record season and new orchard development currently taking place, according to the ANZ Kiwifruit Insights paper. Following the recent PSA crisis, the sector has bounced back strongly seeing annual sales rise significantly.  ANZ Managing Director Commercial & Agri, Mark Hiddleson, said that although the industry can expect growth, it is the sustained growth over a number of years that will allow the industry to thrive. Land prices for orchards across the country have increased. Direct kiwifruit growing costs have also increased to an average of $32k/ha for green and $37k/ha for SunGold according the ANZ.