BOOMING HORTICULTURE EXPORTS FORECAST TO SOON RISE TO $5.6B

Horticulture is fast becoming agriculture's "fourth engine" and will soon rival the meat industry in export receipts, ASB rural economist Nathan Penny says. The Ministry for Primary Industries, in its latest update, said horticulture's strong growth is forecast to continue, with exports expected to reach $5.4 billion for the year ending June before rising to $5.6b in the next year. Strong overseas demand for gold kiwifruit, wine and new apple varieties is expected to continue supporting strong prices across the sector. By: Jamie Gray

« Back to news