Seeka

[Toddy]

The Zespri mouse on the ship has ended up costing the growers 34 million dollars as the entire cargo has been dumped.

That's 30 cents per tray cost to the growers.

That's what you call bad luck. Alot of hard work dumped.

Zespri is acting a bit weird on this one. Informed us that it's been turned into bio fuel, the fruit that is, not the mouse.

[winner69]

The Zespri mouse on the ship has ended up costing the growers 34 million dollars as the entire cargo has been dumped.

That's 30 cents per tray cost to the growers.

That's what you call bad luck. Alot of hard work dumped.

Zespri is acting a bit weird on this one. Informed us that it's been turned into bio fuel, the fruit that is, not the mouse.

More on the mice

Reputational damage

https://www.nzherald.co.nz/the-count...DWP5RSKMQXUBA/

[Nevl]

The Zespri mouse on the ship has ended up costing the growers 34 million dollars as the entire cargo has been dumped.

That's 30 cents per tray cost to the growers.

That's what you call bad luck. Alot of hard work dumped.

Zespri is acting a bit weird on this one. Informed us that it's been turned into bio fuel, the fruit that is, not the mouse.

Not really. The shipment is insured, and they will get a payout which is under negotiation, probably close to the full amount. There is no damage to reputation as nothing has been sold from that ship And customers actually know **** happens so not a big drama. Also given the size of the crop losing 1% of the crop makes it a bit easier for the Europe team and their targets.

[Toddy]

Not really. The shipment is insured, and they will get a payout which is under negotiation, probably close to the full amount. There is no damage to reputation as nothing has been sold from that ship And customers actually know **** happens so not a big drama. Also given the size of the crop losing 1% of the crop makes it a bit easier for the Europe team and their targets.

Cool. Getting full insurance. Where did you hear that?

[Nevl]

Cool. Getting full insurance. Where did you hear that?

All vessels are fully insured for their crops. The insurer was the one that insisted on attempting to save the shipment but the customers said they would not buy the fruit even if it was checked. So now they will negotiate. Zespri pays a ton in insurance costs and they would not like to lose that business. Its a negotiation but at minimum Zespri would demand the full costs and lost profits from the million trays.

[Sideshow Bob]

https://www.nzx.com/announcements/431648

Seeka Limited [NZX:SEK] advises that the kiwifruit industry will be able to continue to use hydrogen cyanamide (Hi-Cane) in New Zealand. The benefits from using Hi-Cane are significant. The Environmental Protection Agency (EPA) decision-making committee released their decision on the reassessment of Hi-Cane today.

The decision keeps the existing approvals, adjusts the rules for its use, updates its hazard classifications and removes the suggestion of a 10-year horizon for the use of the product. The new rules for use take immediate effect. Seeka is supportive of the proposed adjustments, which align to Seeka’s current operating procedures as a responsible orchard manager and grower.“Seeka takes its environmental responsibility very seriously and is confident the decision achieves a good outcome for kiwifruit growers without compromising the environment.

We applaud the process and outcome,” says Seeka chief executive Michael Franks.A summary of the changes and information on the background of the reassessment can be found on the EPA webpage: https://www.epa.govt.nz/public-consu...-reassessment/

[Toddy]

Double edged sword. Of course no one wanted hicane banned. But if it was it would have led to exciting times with Zespri license release of new varieties etc all bought forward. More farm land converted, more work for everyone and the death of the old green kiwifruit.

But hey, BAU it is.

[peat]

Cool. Getting full insurance. Where did you hear that?

theres a lot happening in the background