This will be taking place on the 2nd of December 2017. Please mark this in your calendar.
Further details will follow, including by newsletter
The kiwifruit industry has been riding a wave of high over the past few seasons and this is reinforced by the record canopy per hectare prices in addition to the recent G3 gold license process. Although there were challenges entering the market at an acceptable price, this was mitigated in part from the continued positive outlook for the kiwifruit market especially in the long-term. This stood out for us and along with immediate cash flow that an orchard provided, we were convinced to keep persevering. Thankfully a private opportunity arose a few Months ago and following successful due diligence on the orchard we were determined to go ahead with an offer.
We were able to successfully complete the deal on the 28th of April. The orchard is 14.25 canopy hectares with the total size of the orchard just under 20 hectares. Of that, 12.75 hectares is in Haywood Green and the balance in the G3 Gold variety. In addition to the purchase, the Incorporation were successful in this season’s bid for further gold licensing of 2.43 hectares, which will be grafted across over the coming season. The orchard has performed consistently above industry averages and benchmarks over a number of years and therefore the challenge is to ensure we do everything we can to maintain this level of performance and ultimately improve the production levels over time. A number of the committee have seen the ups and downs of the industry over many years, so we appreciate that there is a lot of work to be done. On the date of settlement, we were very fortunate to have some of our kaumatua and kuia, all of whom are shareholders, join the committee in a karakia at the orchard. It was a special start to the Incorporation’s ownership of Huakiwi orchard.
James (Hemi) Rolleston and Tui Yeager retire by rotation and are eligible and available for re-election. Nominations must be lodged with the Secretary no later than 4.30pm on Monday 3rd July 2017. Nominations must be in writing signed by the shareholder making the nomination and the candidate accepting the nomination. Candidates are requested to provide a one-page CV which will be circulated with the agenda pack prior to the AGM. Nomination forms are now available from contacting: firstname.lastname@example.org
22nd July, Hangarau Marae, Bethlehem Tauranga
10am start, registrations from 9.30am
The Incorporation will soon be starting the second phase of Pruning Operations on the 100% owned Ngamanawa Incorporation Block.
Ngamanawa Incorporation planted 240 hectares in 2010 and 2011 on land released from the Forestry Right. To date, the trees are growing well and look in good health. The Incorporation has chosen to undertake a pruned regime contrasting to the unpruned Forestry Right with OTPP.
We are in the process of pruning the 2010 age class and will consider options for the 2011 age class once initial pruning is completed. The first phase of pruning the 2010 age class trees began earlier in 2016 and the second phase is due to begin during September 2016. Pruning contractors are achieving an average pruned height of 4.14m.
The map shows the area completed to date (marked in red)
Image of 2010 planting
2016 – Committee of Management members Hemi Rolleston & Tui Rolleston with a newly pruned tree.