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Crown Flour Mills - Nigeria

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Olam Professional - Vietnam

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Progida - Turkey

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Queensland Cotton

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Rusmolco - Russia

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Twenty Degrees

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Olam Information Sites
Crown Flour Mills - Nigeria Visit Site
Olam Professional - Vietnam Visit Site
Progida - Turkey Visit Site
Queensland Cotton Visit Site
Rusmolco - Russia Visit Site
Olam E-commerce Sites
Olam Nuts - Australia Shop Now
Olam Nuts - Indonesia Shop Now
Olam Nuts - USA Shop Now
Olam Specialty Coffee - Australia Shop Now
Olam Specialty Coffee - Russia Shop Now
Olam Specialty Coffee - UK Shop Now
Olam Specialty Coffee - USA Shop Now
Olam Spices - USA Shop Now
Re Foods Shop Now
Olam Brands
Twenty Degrees Visit Site
Largescale Farming Cotton in the USA

Economic Opportunity

Challenge: Farmers and people engaged in the agri and food production system can earn a decent income and are resilient to external shocks.

The vast majority of the over 5 million farmers from whom we source crops, such as cocoa, coffee, cotton, and cashew operate farms on just 1 or 2 hectares in countries such as Côte d’Ivoire, Nigeria, Indonesia, Turkey and Honduras. Combined with the vagaries of weather, infrastructure, and global market pricing, many of them operate on a fine line between success and failure with little capacity to adapt, let alone grow.

Large-scale farmers, such as those from whom we source onions and garlic in the USA, also face challenges regarding climate change, water security and cost of production.

Our Initiatives to Support Farmers Include:
Training

Training on Good Agricultural Practices and extension services for crop, fish, and poultry famers.

Access to Finance

Access to finance, agri-inputs, climate-resilient seeds, and labour-saving tools and equipment.

Business Training

Business management training and support for farmer collectives and cooperatives.

Digital Inclusion

Access to market information systems.

Digital Tools

Developing digital tools that can provide more tailored support, as well as create direct links to farmers so they can retain more value for their crop.

AtSource

Developing AtSource – our revolutionary sustainable insights platform.

Goals and Progress:

We report on the goals and targets in the Social Capital section of our Annual Report. Updates include:

Scaling Impact Through Sector Initiatives Such As:
Scaling Impact with Partners Such As:
Increasing Nigeria’s Rice Yield: 125% increase in rice yields in Nigeria through partnership    

In 2019, the UN International Fund for Agricultural Development (IFAD) highlighted in an award entry that Nigerian rice farmers indicated a preference for Olam Global Agri’s Rice business as the off-taker.

“In addition to Olam’s perceived trustworthiness, the farmers were drawn to Olam’s terms of engagement consisting of cashless credit, co-financing for extension services, provision of proximate collection/aggregation centres 15 km radius to production clusters.

Olam’s willingness to systematically engage with small-scale farmers and the flexible pricing mechanism that guarantees a fair minimum price are also very attractive elements of the deal to them.”

In 3 years, rice yields increased by 125% and thanks to improved storage facilities, post-harvest losses reduced by 70% and tripled farmers’ income. Further, 5,000 women reported improved quality of their diets, eating 3 meals per day against a baseline of 2 meals per day.

The programme is explained in more detail: Re-imagining the rice value chain in Nigeria

Want to Know More?

Improving Every Day for Rural Women

Olam’s ambition to improve smallholder farmer livelihoods cannot be fully achieved without addressing gender equality.

New ‘lens’ on the Future of Coffee

Olam Coffee, one of the leading green coffee origin exporters and part of Olam Food Ingredients, has announced its vision for the future of the coffee sector.

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