2 Sep 2009

Green kiwifruit prices predicted to fall

6:55 am on 2 September 2009

Turners & Growers expects a crash in prices for green kiwifruit in the next few years.

The prediction is included in a letter sent by the produce company to all growers about Zespri's monopoly of exports to all countries except Australia.

T & G chair Tony Gibbs says the predictions are based on a worldwide increase in kiwifruit production - particularly in Italy and Chile. He says kiwifruit is going to be more and more of a commodity.