close
Share with your friends

Growers more than double olive production with new techniques

Growers more than double olive production

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

1000
Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

Contact

Also on home.kpmg

olive-production

[27 November/Stuff NZ]

Olives New Zealand has completed research and developed new techniques, which have enabled olive production to more than double. This could see the local share of the olive oil market grow to 20 percent. The Ministry for Primary Industries helped to support the three year trials, which cost $195,000, which also helped to improve the issue of biennial bearing which means that crops will be light one year but heavy in the next. Craig Leaf-Wright, a Wairarapa Grower reports that as a result of the studies, each of his trees average on producing 25 kilograms of olives a year, which is much higher than the New Zealand average of under 10kg. 90% of oil consumed by New Zealanders is imported, with citizens estimated to spend $35 million each year on 4.5 million litres of oil. Low production was found to be better managed through better pruning and disease control. ‘’Olives New Zealand has received MPI funding for a further three years to see if production can be extended more. The new project aims to produce an additional 5kg per tree, and will include revising harvesting methods. It will also trial organic methods of production’’.

To read this week's full edition of Field Notes, please click here.

To read the full original article, please click here.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal