Meat co-op dilemma
Meat processor Alliance Group's cash-strapped farmer shareholders face a dilemma - either pour more money into the co-operative or risk losing 100% ownership and control.
Meat processor and exporter Alliance Group has appointed Mark Wynne as its new independent director.
Wynne, who is the chief executive of Ballance Agri-Nutrients, replaces Graeme Milne who will retire at Alliance’s annual meeting on December 16.
Alliance Group chair Murray Taggart says Wynne will bring strong skills to the board, due to his extensive experience in agribusiness, including 20 years in the dairy industry.
“Mark has significant experience in global sales and marketing, business transformation and co-operatives. We are looking forward to him making a valuable contribution to the board.”
Taggart also paid tribute to Milne and thanked him for his contributions to the Alliance Group over the past nine years in his role as a director.
The meat co-op’s annual meeting on December 16 will be hosted online due to COVID-19 restrictions. Farmer shareholders have been sent a formal notice of the meeting, which begins at 10:30am.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.
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