Michael Franks
👤 SpeakerAppearances Over Time
Podcast Appearances
So in reality, Sika doesn't play in that market.
The growers that supply Sika...
or those growers who have their orchards managed or leased by Sika will determine whether they want to play in that game or not.
We monitor how many of them are buying what so we can lay on the capacity for them and make sure we've got occupancy for them when they need it.
But outside of that we don't play.
But the key thing for us is it means that we're going to have increased demand for our infrastructure services when those orchards come on stream.
I think the Red 80 variety sounds and looks to be excellent.
We understand it's got good size and good yield.
Zespri certainly had been promoting it heavily in places like the Field Days.
It was very well supported in the most recent auction.
So we're looking forward to handling that product when it comes through into production.
Well, I think in reality what it does is it gives Zespri the potential for another market to be added to its mix, because at the moment we're paying high tariffs in that market, and so there is an opportunity for Zespri, one, to improve the returns it's currently getting from India,
And two, sell more fruit into that market and give it some resilience in case some of the other markets falter or they have economic issues or geopolitical issues within the market that actually slows them down.
Other than me?
Well, effectively, we've got excellent performance for growers.
We've got the capacity to handle their fruit when they need it.
We're very disciplined.
We keep things and keep product within very tight, disciplined timelines.
We are cost-effective.