Italy: Enter the first quality supply chain under the Terremerse Hazelnut Project

Published Nov 6, 2024

Tridge summary

The Terremerse Hazelnut Project, in partnership with Ferrero, seeks to create a high-quality, traceable, and entirely Italian hazelnut supply chain across various regions in Italy. The initiative provides farmers with multi-year contracts ensuring stable income and less price volatility, as Ferrero guarantees to purchase at least 75% of the yield at a set price. This project promotes sustainable and mechanized farming practices, aligning with the EU's Green Deal objectives, and supports farmers in recouping costs for certified plants and irrigation systems, encouraging investment in hazelnut cultivation.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For four years, the Terremerse Hazelnut Project, developed with Ferrero, has supported Italian farmers with stable contracts, a traceable supply chain and incentives for sustainable and innovative cultivation. Growth opportunities for “Made in Italy” hazelnuts The Terremerse Hazelnut Project has just turned 4. An important project launched with Ferrero to create the first quality, traceable and 100% Italian hazelnut supply chain, in the regions most suited to this crop, where the Cooperative is present: Emilia-Romagna, Lazio, Lombardy, Marche, Tuscany, Umbria, Veneto. Multi-year contracts and income stability thanks to a guaranteed price This is a valid opportunity for the agricultural entrepreneur, because it allows them to join a multi-year cultivation contract, which offers stability and security of income over time, reducing the risks of price volatility and which guarantees the withdrawal of the entire product. At least 75% of the product that the Cooperative will collect ...

Source: Terraevita