New Zealand pipfruit growers expect a small improvement in profitability this year thanks to a lift in prices, the Ministry for Primary Industries said.
The ministry, in an analysis of pipfruit production and profitability as part of its annual farm monitoring report series, said import prices in Europe were substantially higher than last year, which was helping to offset the impact the high value of the NZ dollar on returns.
The report is based on models of a Hawke's Bay and a Nelson orchard and an overview of the financial performance of typical orchards, based on information gathered from a sample of growers and industry stakeholders.
A cool spring delayed flowering and harvest by around two weeks this season. Hawke's Bay also had below-average temperatures and lack of sunny weather over summer.
Overall, production and sizing achieved was more variable than usual, with Royal Gala in particular significantly smaller.