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 Woolworths invests $3.25m in sustainable farming 

Woolworths invests $3.25m in sustainable farming

09 Feb, 2010 12:35 PM
Woolworths has increased its investment in Australia's rural future with the launch of a $3.25 million Fresh Food Farming program.

The program will draw together a number of initiatives designed to advance agricultural sustainability and help build leadership capacity in the sector.

"As the debate around long term food availability and affordability intensifies, it is vital for all organisations involved in the food supply chain to adopt a leadership

position and help safeguard Australia's future food security," Woolworths Limited chief executive officer Michael Luscombe said.

"Higher input costs, a rising population and climate change all have the potential to impact the food we eat, which is why industry must assist our farmers to adapt and thrive.

"Our previous support for the farming community has largely focused on the provision of emergency assistance grants for farming families and recovery grants for rural community infrastructure. It is now time to look to the future and ensure that our farmers are better equipped to be able to manage Australia's long term food production needs."

The Fresh Food Farming program will focus on two key areas - sustainable farming and creating future leaders.

"The Fresh Food Farming Program will help us to better support the projects we already have operating and develop new initiatives across the two core areas of focus," Mr Luscombe said.

"Woolworths hopes to consult with the Department of Agriculture, Fisheries and Forestry as well as organisations such as the National Farmers Federation, the Country Women's Association and relevant farming and agricultural bodies in order to identify optimum ways to channel our investment."

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The best road to sustainability would be for Woolies to provide a fair economic return to all Ag suppliers !!!
Posted by Dx, 9/02/2010 4:26:22 PM, on Stock Journal
the first thing they should investigate is how much of the lack of sustainability and shortage of young farmers is caused by the pricing policy of the duopoly of the 2 biggest supermarket chains
Posted by Will, 9/02/2010 9:14:27 PM, on Stock Journal
If supermarkets are currently buying 40% of beef produced in Australia, this could increase to 80% when the population doubles. Now thats a sobering thought.
Posted by peter, 10/02/2010 6:33:14 AM, on Stock Journal
Woollies can afford to do this, they claim milk is 8 c per lire cheaper than last year, but they fail to point out that the 22c per liter levy has been removed. Where is the other 14 cents? It is all smoke and mirrors trying to cut the producer down while maximizing profits.
Posted by jerangle, 10/02/2010 10:01:05 AM, on Stock Journal
At least 5 years too late. You have already driven out the vegie producers, dairy going quick feed lotters next. At the very least know the cost of production and always pay above that. Substainable is paying the grower enough to know he will be back next year.
Posted by THE FARMER, 11/02/2010 8:54:23 AM, on Stock Journal

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