Frankly Speaking

Frankly Speaking - Week 21 Update
29 May 2016

Frankly Speaking Week 21 Update [Sunday May 29]

The rain interrupting harvest continues and we are looking forward to forecast finer weather later this week to fill the sheds and get on with the Hayward harvest. The up side is that the later harvest has seen most fruit above Zespri’s new minimum taste standard – that’s a relief for those growers involved.  We are looking forward to getting some momentum rolling in the Hayward harvest before the nights get really cold. Brix levels are only now starting to reach optimum for storage fruit, again later than would usually be expected.  The interruptions have resulted in a later targeted harvest completion expected in week 25 [20 June].

 

Wednesday, the 1st June is the closing of the Zespri tender for the new G3 license round and we have received a lot of feedback from growers about the closed tender and the process.

 

There are no market reports to date other than some less than positive reports about the G14 quality in market, and that the Gold 3 fruit in Japan tastes great.

 

Final 2015/16 OGRS

 

Zespri has released their final OGR results for 2015/16, some of the changes in the Zespri forecast are confusing. The Grower Entities team has summarised these changes and they are shown below.

 

Table 1 : Change in FOB returns May forecast compared to February forecast

 

Table 2 : Zespri OGR change by line May forecast compared to February forecast

 

A summary of our final OGR statistics for 2015 are shown in the table below, and exclude the Grower Share Scheme and any dividends on those shares.

 

Table 3 : Seeka OGR statistics for 2015/16

 

To the numbers [as at midnight 29 May]

 

Hayward Conventional

 

Seeka packed trays   12,282,318   Industry packed trays   40,328,228 [30.5%]
Seeka avge size     32.25   Industry avge size    32.26
Seeka loaded trays  7,079,663  Instore trays  5,202,655
On order     1,087,873        

 

Hayward Organic

 

Seeka packed trays   299,488       Industry packed trays    1,760,563 [17.0%]
Seeka avge size     33.30  Industry avge size    35.02
Seeka loaded trays  159,893  Instore trays  139,595
On order     121,239      

          

Zespri SunGold G3 Conventional

 

Seeka packed trays   7,275,839     Industry packed trays   46,202,809 [15.7%]
Seeka avge size     29.84    Industry avge size    29.04
Seeka loaded trays  4,415,078 Instore trays  2,856,189
On order     684,258      

                                           

Zespri SunGold G3 Organic

 

Seeka packed trays   116,310     Industry packed trays    713,400 [16.3%]
Seeka avge size     30.22 Industry avge size    29.73
Seeka loaded trays  58,056   Instore trays  58,254
On order        13,058    

                                      

Zespri Sweetgreen G14

 

Seeka packed trays   178,725       Industry packed trays    1,545,117 [11.6%]
Seeka avge size     36.05 Industry avge size    36.21
Seeka loaded trays  133,300   Instore trays  45,425
On order        22,765      

                                      

 

Happy and safe harvesting!

 

Michael

 

Seeka Key
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