Maccas customers in no rush to buy a sustainable Big Mac
OPINION: Recently I spent a couple of days on the Macca's site at Fieldays.
Nearly $600 million worth of New Zealand primary sector ingredients were sourced for McDonald's domestic and global use last year.
The company recently released its annual New Zealand shopping list, showing a record amount spent on ingredients for their menu items.
In 2022, $213 million was spent on local ingredients for New Zealand restaurants. Meanwhile, another $384 million of NZ produce was exported to other McDonald's markets. That took the total spend with NZ farmers and growers to an all-time high of $598 million - $52 million more than in 2021.
Here are some highlights:
McDonald's says it sources produce from farmers and growers across NZ. New Zealand is also a strategically important supplier to international outlets. NZ produce is exported to McDonald's markets including Australia, the Pacific Islands, Asia, and the United States.
"It's great to be able to supply a local menu where around 90% of the ingredients are sourced from across NZ, and to share this quality produce with McDonald's markets around the world," says managing director NZ and Pacific Islands, Kylie Freeland.
Fertiliser co-operative Ballance has written down $88 million - the full value of its Kapuni urea plant in Taranaki - from its balance sheet in the face of a looming gas shortage.
The Government and horticulture sector have unveiled a new roadmap with an aim to double horticulture farmgate returns by 2035.
Canterbury farmers and the Police Association say they are frustrated by proposed cuts to rural policing in the region.
The strain and pressure of weeks of repairing their flood-damaged properties is starting to tell on farmers and orchardists in the Tasman district.
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
Alliance Group's proposal to sell a 65% shareholding to Ireland's Dawn Meats won't solve the red meat industry's structural problems, says former Federated Farmers meat and wool chair Toby Williams.
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