Seeka

[iceman]

https://www.rnz.co.nz/news/national/...-in-the-pocket

Man this industry cant catch a break. Hopefully this situation will improve before mid-March.

Freight rates and shipping times are already significantly up due to this madness. As you say, hopefully this is a temporary situation but I can't see it being sorted in 2-3 months. UK & USA started bombing the Houthis yesterday so who knows what this will look like in the short term !

[thedrunkfish]

Freight rates and shipping times are already significantly up due to this madness. As you say, hopefully this is a temporary situation but I can't see it being sorted in 2-3 months. UK & USA started bombing the Houthis yesterday so who knows what this will look like in the short term !

Yes driven by the wider geopolitical issues in the region and that looks like it will get worse before it improves.

https://www.youtube.com/watch?v=iwvTqXHChtA

[Sideshow Bob]

Freight rates still nothing like Covid levels and would see mainly affecting EU exports - and as mentioned Zespri go via Panama. But still, don't want it to go on too long....

[dibble]

Freight rates still nothing like Covid levels and would see mainly affecting EU exports - and as mentioned Zespri go via Panama. But still, don't want it to go on too long....

Article in ??paper??(cant recall where) a few days back about panama canal issues too, something to do with drought and not enough fresh water to flush the locks. If both canals freeze up that's not ideal for this hemisphere. Or quaterisphere.
One would have thought, with 2 oceans of seawater at their disposal, they might be able to conjur up some solution with a wind turbine pump or whatever but hey ho. No canals between here and that bastion of commercial stability, China.

[Southern Lad]

Article in ??paper??(cant recall where) a few days back about panama canal issues too, something to do with drought and not enough fresh water to flush the locks. If both canals freeze up that's not ideal for this hemisphere. Or quaterisphere.
One would have thought, with 2 oceans of seawater at their disposal, they might be able to conjur up some solution with a wind turbine pump or whatever but hey ho. No canals between here and that bastion of commercial stability, China.

See this CNBC article discussing the impact on the Panama Canal drought - Panama Canal drought moves Maersk to start using land bridge for cargo (cnbc.com)

[bull....]

niwa updated there weather outlook and were saying no longer as hot and dry more rain now. seeka were saying the previous niwa weather forecast was good. does the new one with more rain still good ?

[Toddy]

The main part of the growing season is over. The crop estimates are for a large crop. There still could be weather events to come, as alway, but everything is definitely as positive as it could be.

Seeka should make impressive revenue from packing the crop.

[peat]

I'm now wondering if we've seen a low in November 23
A double bottom in Sept and November (near enough) and a strong bounce following that with consolidation.
No one knows... but I have added on some down days for long term.

[iceman]

I'm now wondering if we've seen a low in November 23
A double bottom in Sept and November (near enough) and a strong bounce following that with consolidation.
No one knows... but I have added on some down days for long term.

Im also cautiously optimistic and bought back in with a small parcel in November.
The current season is allowing for some optimism so far, with good fruit volumes, but also still some risks including weather. Now we need a long dry spell.

[Toddy]

Seeka and Eastpack are going to clean up with record volumes needed to be packed.

For us growers this will be offset with the per tray price pulling back into the eight dollar per try range for gold.