"Our" business?
OPINION: One particular bone the Hound has been gnawing on for years now is how the chattering classes want it both ways when it comes to the success of NZ's dairy industry.
Fonterra is introducing a new patented global food quality seal – ‘Trusted Goodness’ – for its products as part of its business strategy to add value to milk and maximise returns for its farmers.
From today, a Trusted Goodness quality seal will begin to appear on Fonterra-branded products around the world. In New Zealand it will first appear on 1L and 2L bottles of Anchor fresh milk.
Fonterra’s chief operating officer, global consumer and foodservice Jacqueline Chow, says that market research commissioned by Fonterra shows global consumers are prepared to pay a premium for high quality, safe and healthy food from trusted sources.
“Consumers want to know more about where their food comes from and that it is produced by businesses using sustainable and ethical practices. Consumers are actively seeking out products they can trust to feed their families and that come with these benefits.
“Fonterra’s farmers have invested more than $1 billion into environmental initiatives over the last five years. They’ve fenced 97 per cent of defined waterways on their farms, developed nitrogen management systems to reduce leaching, and spent more than $8 million on research into emissions reducing technologies.
“All of their good work on-farm, combined with New Zealand’s natural, grass-fed advantage, the cooperative’s focus on traceability, food safety and quality supported by Fonterra’s farmers and employees has helped to build credibility behind the Trusted Goodness™ seal,” says Chow.
Outside of New Zealand, the quality seal will initially feature on packs of Fonterra-branded products in the US, China and Malaysia as part of a global roll-out over the coming months. It is expected to appear on the vast majority of Fonterra products over the coming years.
“Our purpose is to be the world’s most trusted source of dairy nutrition. Trusted Goodness™ will help to tell our New Zealand quality story and access more value for our farmer shareholders,” Chow says.
Alliance has announced a series of capital raise roadshow event, starting on 29 September in Tuatapere, Southland.
State farmer Pāmu (Landcorp) has announced a new equity partnership in an effort to support pathways to farm ownership for livestock farm operators.
Following a recent overweight incursion that saw a Mid-Canterbury contractor cop a $12,150 fine, the rural contracting industry is calling time on what they consider to be outdated and unworkable regulations regarding weight and dimensions that they say are impeding their businesses.
Trade Minister Todd McClay says his officials plan to meet their US counterparts every month from now on to better understand how the 15% tariff issue there will play out, and try and get some certainty there for our exporters about the future.
Brett Wotton, an Eastern Bay of Plenty kiwifruit grower and harvest contractor, has won the 2025 Kiwifruit Innovation Award for his work to support lifting fruit quality across the industry.