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Cherry industry loses estimated 50 per cent of stock to heavy rain 12 Jan, 2021 07:22 PM 3 minutes to read It is expected up to 50 per cent of the season s cherries had been lost due to splitting Photo / NZH It is expected up to 50 per cent of the season s cherries had been lost due to splitting Photo / NZH Otago Daily Times The $50 million loss incurred by Central Otago s cherry growers this season impacts growers, jobs and the New Zealand economy. Summerfruit NZ chief executive Richard Palmer said the full extent of the damage after four days of persistent and heavy rain was yet to be quantified but it was expected up to 50 per cent of the season s cherries had been lost due to splitting, resulting in the loss of $50 million in export revenue to the country. ....