Rockit apple grower Rākete Orchards in voluntary administration
“This fact, coupled with high supply chain costs, has meant orchard gate returns have been insufficient to support investment in next year’s crop,” Hawken said. MyFarm – an agricultural land syndicator – said Rākete is a lease syndicate with six orchards in Hawke’s Bay. The firm’s website says Rākete’s assets, worth $17.4m, cover a land…

