Frankly Speaking

Frankly Speaking - Week 16 Update
22 April 2016

Frankly Speaking – Week 16 Update                                    Friday 22 April

Changes have been made to the Period 1 procurement for Hayward Conventional.

 

In response to the industry submit of 6.1 million TE and a supply cap of 15.3 million TE,  the Hayward Conventional  week 17 allocation has been removed and the supply cap remains open.  The supply cap will either naturally close on Sunday week 17, or Zespri may close this cap if the submit meets the supply cap target.

 

Current period 1 procurement:

 

Supply Cap [FPP]           15,300,000

Week 17 Allocation         nil

Week 18 Allocation         1,500,000

 

In week 17 [next week], the procurement targets will be reviewed, and this may result in a further reduction to the 16.8 million TE, expected to procure in Period 1.

 

Payment timing - correction

 

The next payment date for the 2015 Season in the April Dollars & Sense was incorrect.  It should read 31st May not 13th May. 

 

 

Happy and safe harvesting

 

Regards

 

Michael

Seeka Key
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