Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
McDonald's says it spent $546 million with Kiwi producers in 2023.
With around 90% of its ingredients locally sourced, the fast-food giant spent $218 million with local suppliers last year to make burgers, sides, desserts, and breakfast items for its New Zealand stores.
A further $328 million of Kiwi produce was exported to McDonald’s other markets.
In a breakdown, released this month, the chain of restaurants revealed its $218 million spend went towards:
Kiwi-grown produce is also sent to McDonald’s markets including Australia, the Pacific Islands, Asia, and the United States.
Last year a total of 37 million kilograms of beef was exported globally to other McDonald’s markets.
Kylie Freeland, McDonald’s managing director NZ and Pacific Islands says the chain takes pride in offering its customers a menu where as many ingredients as possible are sourced locally.
“At Macca’s we talk about the ‘three-legged stool’ of the corporate, our franchisees and suppliers,” Freeland says.
“It’s a key strength of our business, and many of our supplier relationships go right back to when we first opened in New Zealand in 1976,” she concludes.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.

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