Fonterra launches $1500 on-farm funding for eligible farmers
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
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.
Profitability issues facing arable farmers are the same across the world, says New Zealand's special agricultural trade envoy Hamish Marr.
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
Tighter beef and lamb production globally have worked to the advantage of NZ, according to the Meat Industry Association (MIA).
Groundswell is ramping up its 'Quit Paris' campaign with signs going up all over the country.
Some farmers in the Nelson region are facing up to five years of hard work to repair their damaged properties caused by the recent devastating floods.
Federated Farmers is joining major industry-good bodies in not advocating for the Government to withdraw from the Paris Agreement.