Encouraging land prices for new red kiwifruit variety
Encouraging land prices for new red kiwifruit variety
This episode featured as part of the Real Estate segment in partnership with Bayleys Country – your rural and lifestyle property specialists.
The latest Zespri licence auctions have delivered record prices for red and gold kiwifruit varieties, with the new R80 red pool reaching $457,000 a hectare, says Bailey’s horticulture specialist Snow Williams.
“The R80 was the one that really took us by surprise, the new red variety,” he says.
“That was staggering and shows a lot of confidence in the red varietals.”
He says the industry is in good heart, driven by Zespri’s marketing strength, and the R80 looks set to fill a gap and extend the season.
He says good kiwifruit blocks now sell for between $200,000 and $300,000 a hectare, and suitable land is hard to find.
This episode featured as part of the Real Estate segment in partnership with Bayleys Country – your rural and lifestyle property specialists. To learn more about rural and lifestyle property opportunities, or to connect with a local expert, visit bayleys.co.nz/country
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