Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Fast-food giant McDonalds spent a record $598 million last year on New Zealand milk, cheese, and other primary industry ingredients.
Its annual shopping list, released this month, shows the fast-food chain used $214m worth of NZ products in its local restaurants. A whopping $384 million of produce was exported to other McDonald’s markets. The total spend was $52 million more than in 2021.
Nearly 7 million litres of fresh milk was sourced from dairy farmers – the equivalent of 246 Fonterra milk tankers and enough to fill Kelly Talton’s Stingray Bay aquarium tank 19 times, the company says.
Nearly 2 million kilograms of cheese and other dairy products were used locally, along with 11.6 million kg of cheese exported – the equivalent weight of 6500 empty shipping containers.
The company also used 900,000kg of lettuces and 12 million kg of potatoes in its local restaurants.
McDonalds sources its cheeses from Fonterra’s Eltham site in Taranaki. It says New Zealand farmers are also strategically important suppliers to McDonald’s worldwide. Kiwi produce is exported to McDonald’s markets including Australia, the Pacific Islands, Asia and the United States.
“McDonald’s has long recognised New Zealand as one of its top global suppliers of quality beef and dairy. It’s great to be able to supply a local menu where around 90% of the ingredients are sourced from across Aotearoa, and to share this quality produce with McDonald’s markets around the world,” says managing director NZ and Pacific Islands, Kylie Freeland.
“While we’re a small market in terms of our number of restaurants in the McDonald’s world, New Zealand is amongst the top 10 countries that supply beef to McDonald’s. Globally, we have several commitments around sustainable beef production, and the climate, which means we’re working closely with our local suppliers and industries to help encourage continuous improvement and making a positive impact on the planet.”
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
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