News Potatoes
Aviko and Rabobank to provide financial support to growers
Potato processor Aviko and Rabobank have entered into an agreement in which both parties will support potato growers for four years in a 'future-proof cultivation'. One that pays more attention to the environment and yields better returns for the grower. Participating companies receive a premium on the contract price.
The program of both parties falls under the Groeikracht initiative of Royal Cosun, of which Aviko is a part. Seventy potato growers have already registered for the coming season, the potato processor reports. They are divided into groups per region. In addition to the contract price, the participants will receive a premium for the 2025 cultivation year.
Interest discount
The program focuses on improving soil health, biodiversity, water quality and climate. A sustainable revenue model for the grower is also a pillar. Participants who invest in a 'future-proof cultivation' receive an interest discount from the bank. For example, when purchasing machines or precision farming technology.
Evaluation
External advisors draw up an action plan with the growers for the objectives and actions per company. These are measured and evolved during the term. In doing so, the parties follow internationally established guidelines.
The collaboration is very similar to the program that competitor McCain concluded with Rabobank this spring. The Canadian multinational started a program for regenerative potato cultivation in 2023 and entered into a partnership with Rabobank for this purpose this year. Here too, growers receive, among other things, an interest discount on loans for investments they make.
Niels van der Boom
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