Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
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.
Dairy Women's Network (DWN) has announced a new limited edition DWN Monopoly NZ Dairy Farming Edition, created to celebrate the people, places and seasons.
Rural Women New Zealand (RWNZ) and Federated Farmers say they welcome the announcement last week that the Government will increase the conveyance allowance by 30%.
New Zealand and India have signed a Free Trade Agreement (FTA) described as a once-in-a-generation deal.
What’s been a "rubbish" summer for campers and beachgoers has duck hunters in the lower North Island rubbing their hands together in anticipation of a bumper waterfowl season, which starts this weekend (May 2/3).
New research suggests sheep and beef farmers could improve both profitability and emissions efficiency by increasing lamb weaning weights, with only marginal changes in total greenhouse gas emissions.
Southland farmers are being encouraged to get ahead of the winter grazing season by attending a practical field day in Pukerau next week.