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.
OPINION: The hustle and bustle of one of Bangkok's most popular fast food outlets may feel a world away from a typical Fonterra farmer's operation.
Yet KFCs all over Thailand use milk from New Zealand farms, thanks to a recent custom partnership.
The key ingredient used is a cooking cream, from milk that is powdered, and then shipped to the Netherlands to be processed.
This specialised product, created for KFC but now spreading to other restaurants, makes Portuguese egg tarts - a permanent dessert item on the chicken outlet's menu.
The egg tarts are just one example of Fonterra's somewhat invisible efforts in Thailand to move milk into the country through its food service division.
And KFC is but one of 9000 outlets Fonterra says it services in the kingdom.
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.
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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.
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